Thailand: Seeder And Planter Market 2024

Seeder And Planter Market Size in Thailand

The Thai seeder and planter market stood at less than $X in 2021, remaining constant against the previous year. Over the period under review, consumption, however, recorded a dramatic decrease. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Seeder And Planter Production in Thailand

In value terms, seeder and planter production amounted to less than $X in 2021 estimated in export price. In general, production, however, saw a pronounced reduction. The pace of growth was the most pronounced in 2013 when the production volume increased by 8.2%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Seeder And Planter Exports

Exports from Thailand

In 2016, approx. X units of seeders, planters, transplanters were exported from Thailand; rising by 138% on 2015. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, seeder and planter exports soared to $X in 2016. In general, total exports indicated a resilient increase from 2012 to 2016: its value increased at an average annual rate of +14.5% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Cambodia (X units) was the main destination for seeder and planter exports from Thailand, with a 49% share of total exports. Moreover, seeder and planter exports to Cambodia exceeded the volume sent to the second major destination, Lao People's Democratic Republic (X units), threefold. South Africa (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2016, the average annual rate of growth in terms of volume to Cambodia amounted to +46.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (+23.0% per year) and South Africa (-6.0% per year).

In value terms, Cambodia ($X) remains the key foreign market for seeders, planters, transplanters exports from Thailand, comprising 52% of total exports. The second position in the ranking was taken by Lao People's Democratic Republic ($X), with a 20% share of total exports. It was followed by South Africa, with a 7.4% share.

From 2012 to 2016, the average annual rate of growth in terms of value to Cambodia stood at +19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (+0.3% per year) and South Africa (+22.6% per year).

Export Prices by Country

In 2016, the average seeder and planter export price amounted to $X per unit, declining by -28.5% against the previous year. In general, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 8.1% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2016, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+28.7%), while the prices for the other major destinations experienced a decline.

Seeder And Planter Imports

Imports into Thailand

In 2016, overseas purchases of seeders, planters, transplanters decreased by -47.7% to X units, falling for the third consecutive year after two years of growth. In general, imports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2013 when imports increased by 136% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2016, the growth of imports remained at a somewhat lower figure.

In value terms, seeder and planter imports shrank notably to $X in 2016. Overall, imports saw a sharp shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 136%. As a result, imports attained the peak of $X. From 2014 to 2016, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2016, China (X units) constituted the largest seeder and planter supplier to Thailand, with a 62% share of total imports. Moreover, seeder and planter imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. Australia (X units) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2016, the average annual growth rate of volume from China stood at -29.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-35.9% per year) and Australia (+21.6% per year).

In value terms, China ($X) constituted the largest supplier of seeders, planters, transplanters to Thailand, comprising 61% of total imports. The second position in the ranking was taken by Japan ($X), with an 18% share of total imports. It was followed by Australia, with a 17% share.

From 2012 to 2016, the average annual rate of growth in terms of value from China totaled -37.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-48.7% per year) and Australia (+59.6% per year).

Import Prices by Country

The average seeder and planter import price stood at $X per unit in 2016, with a decrease of -3.6% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 5.8% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2016, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Australia (+28.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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