Thailand: Diode Market 2025

Diode Market Size in Thailand

The Thai diode market skyrocketed to $X in 2021, with an increase of 326% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted significant growth. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Diode Exports

Exports from Thailand

In 2021, the amount of diodes, other than photosensitive or light emitting diodes exported from Thailand soared to X units, rising by 16% compared with 2020 figures. In general, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 582,252%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, diode exports rose markedly to $X in 2021. The total export value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when exports increased by 26% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Japan (X units), Morocco (X units) and Hong Kong SAR (X units) were the main destinations of diode exports from Thailand, with a combined 64% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Morocco (with a CAGR of +5,055.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for diode exported from Thailand were Japan ($X), Hong Kong SAR ($X) and Singapore ($X), with a combined 65% share of total exports. China, the United States, Vietnam, Spain, Cambodia, Qatar, Kuwait and Morocco lagged somewhat behind, together comprising a further 15%.

In terms of the main countries of destination, Kuwait, with a CAGR of +112.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average diode export price amounted to less than $X per unit, declining by -9.3% against the previous year. In general, the export price showed a sharp curtailment. The most prominent rate of growth was recorded in 2017 an increase of 12% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Singapore (less than $X per unit), while the average price for exports to Morocco (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-61.3%), while the prices for the other major destinations experienced a decline.

Diode Imports

Imports into Thailand

In 2021, approx. X units of diodes, other than photosensitive or light emitting diodes were imported into Thailand; with an increase of 29% against the previous year. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 179,623%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, diode imports soared to $X in 2021. The total import value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when imports increased by 35% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, Japan (X units) constituted the largest supplier of diode to Thailand, accounting for a 1% share of total imports. Moreover, diode imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The Philippines (X units) ranked third in terms of total imports with a 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan totaled +68.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+71.0% per year) and the Philippines (+90.3% per year).

In value terms, China ($X) constituted the largest supplier of diodes, other than photosensitive or light emitting diodes to Thailand, comprising 42% of total imports. The second position in the ranking was held by Japan ($X), with an 18% share of total imports. It was followed by Malaysia, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-9.8% per year) and Malaysia (-0.3% per year).

Import Prices by Country

In 2021, the average diode import price amounted to less than $X per unit, almost unchanged from the previous year. Over the period under review, the import price showed a dramatic downturn. The pace of growth appeared the most rapid in 2017 an increase of 537% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (-28.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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