Thailand: Market for Spray Guns And Similar Appliances 2025

Market Size for Spray Guns And Similar Appliances in Thailand

The Thai market for spray guns and similar appliances soared to $X in 2022, surging by 20% against the previous year. In general, consumption, however, saw a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Spray Guns And Similar Appliances in Thailand

In value terms, spray guns and similar appliances production soared to $X in 2022 estimated in export price. In general, production enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 345%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Spray Guns And Similar Appliances

Exports from Thailand

After two years of growth, shipments abroad of spray guns and similar appliances decreased by -18.9% to X units in 2022. Overall, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 128%. As a result, the exports reached the peak of X units, and then shrank notably in the following year.

In value terms, spray guns and similar appliances exports fell sharply to $X in 2022. Over the period under review, total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +7.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 61% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Vietnam (X units), Japan (X units) and Malaysia (X units) were the main destinations of spray guns and similar appliances exports from Thailand, with a combined 42% share of total exports. The United States, Indonesia, Taiwan (Chinese), Myanmar, Cambodia, South Africa, Singapore, Guatemala, Argentina and the Philippines lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, the biggest increases were recorded for Guatemala (with a CAGR of +155.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Vietnam ($X) and the United States ($X) constituted the largest markets for spray guns and similar appliances exported from Thailand worldwide, together accounting for 38% of total exports. Indonesia, Taiwan (Chinese), Malaysia, Cambodia, South Africa, Singapore, the Philippines, Argentina, Myanmar and Guatemala lagged somewhat behind, together accounting for a further 36%.

Among the main countries of destination, Guatemala, with a CAGR of +110.1%, recorded the highest rates of growth with regard to 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

The average export price for spray guns and similar appliances stood at $X per unit in 2022, with a decrease of -9.5% against the previous year. Over the period under review, the export price faced a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 15%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Guatemala ($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 the United States (-7.8%), while the prices for the other major destinations experienced a decline.

Imports of Spray Guns And Similar Appliances

Imports into Thailand

In 2022, overseas purchases of spray guns and similar appliances decreased by -18.5% to X units, falling for the third year in a row after two years of growth. Over the period under review, imports showed a abrupt slump. The growth pace was the most rapid in 2019 when imports increased by 46% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, spray guns and similar appliances imports reduced to $X in 2022. Overall, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Japan (X units) and Taiwan (Chinese) (X units) were the main suppliers of spray guns and similar appliances imports to Thailand, together comprising 53% of total imports. Germany, the United States, the United Arab Emirates, Italy, Singapore, Turkey, Indonesia, Mexico, India and South Korea lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +33.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest spray guns and similar appliances suppliers to Thailand were Japan ($X), China ($X) and the United States ($X), together comprising 69% of total imports. Taiwan (Chinese), Germany, Italy, Indonesia, Singapore, South Korea, Turkey, Mexico, India and the United Arab Emirates lagged somewhat behind, together accounting for a further 22%.

Among the main suppliers, Indonesia, with a CAGR of +30.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for spray guns and similar appliances stood at $X per unit in 2022, surging by 5.2% against the previous year. Over the period under review, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 39%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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