Thailand: Semiconductor Thyristor Market 2024

Semiconductor Thyristor Market Size in Thailand

In 2022, after four years of growth, there was significant decline in the Thai semiconductor thyristor market, when its value decreased by -14% to $X. Overall, consumption showed a mild descent. Semiconductor thyristor consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Semiconductor Thyristor Production in Thailand

In value terms, semiconductor thyristor production declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible setback. The growth pace was the most rapid in 2018 with an increase of 62% against the previous year. Semiconductor thyristor production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Semiconductor Thyristor Exports

Exports from Thailand

In 2022, shipments abroad of semiconductor thyristors, diacs and triacs increased by 16% to X units, rising for the third consecutive year after two years of decline. Overall, exports continue to indicate prominent growth. The growth pace was the most rapid in 2014 when exports increased by 150%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, semiconductor thyristor exports expanded remarkably to $X in 2022. Over the period under review, exports posted strong growth. The growth pace was the most rapid in 2014 with an increase of 142%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X units), Vietnam (X units) and Brazil (X units) were the main destinations of semiconductor thyristor exports from Thailand, together comprising 79% of total exports. South Korea, Myanmar, the United States, the UK and Hong Kong SAR lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +133.0%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the key foreign market for semiconductor thyristors, diacs and triacs exports from Thailand, comprising 59% of total exports. The second position in the ranking was taken by the United States ($X), with a 14% share of total exports. It was followed by Vietnam, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan amounted to +105.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+19.6% per year) and Vietnam (+4.6% per year).

Export Prices by Country

In 2022, the average semiconductor thyristor export price amounted to $X per unit, which is down by -3.9% against the previous year. Overall, the export price saw a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 27%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+38.2%), while the prices for the other major destinations experienced more modest paces of growth.

Semiconductor Thyristor Imports

Imports into Thailand

After two years of growth, supplies from abroad of semiconductor thyristors, diacs and triacs decreased by -24.8% to X units in 2022. Overall, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 174%. Imports peaked at X units in 2021, and then shrank dramatically in the following year.

In value terms, semiconductor thyristor imports contracted significantly to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then contracted rapidly in the following year.

Imports by Country

China (X units), Japan (X units) and the Philippines (X units) were the main suppliers of semiconductor thyristor imports to Thailand, with a combined 65% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +12.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and the Philippines ($X) were the largest semiconductor thyristor suppliers to Thailand, with a combined 72% share of total imports.

China, with a CAGR of +5.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average semiconductor thyristor import price stood at $X per unit in 2022, growing by 11% against the previous year. Overall, the import price, however, recorded a abrupt contraction. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($X per unit) and Japan ($X per unit), while the price for the United States ($X per unit) and the Philippines ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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