Thailand: Steam Blasting Machine Market 2025

Steam Blasting Machine Market Size in Thailand

In 2021, the Thai steam blasting machine market was finally on the rise to reach $X after two years of decline. Overall, consumption saw a slight curtailment. Steam blasting machine consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Steam Blasting Machine Exports

Exports from Thailand

In 2021, after two years of growth, there was significant decline in shipments abroad of steam or sand blasting machines and similar jet-projecting machines, when their volume decreased by -77.9% to X units. In general, exports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 217%. Over the period under review, the exports reached the peak figure at X units in 2020, and then reduced notably in the following year.

In value terms, steam blasting machine exports contracted remarkably to $X in 2021. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by 94%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Lao People's Democratic Republic (X units), Italy (X units) and Myanmar (X units) were the main destinations of steam blasting machine exports from Thailand, together accounting for 68% of total exports.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +75.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for steam blasting machine exported from Thailand were Italy ($X), Vietnam ($X) and Myanmar ($X), together accounting for 50% of total exports.

Myanmar, with a CAGR of +126.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average steam blasting machine export price stood at $X per unit in 2021, increasing by 118% against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, 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 Malaysia ($X per unit), while the average price for exports to Lao People's Democratic Republic ($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 Myanmar (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.

Steam Blasting Machine Imports

Imports into Thailand

In 2021, overseas purchases of steam or sand blasting machines and similar jet-projecting machines decreased by -9.2% to X units, falling for the third year in a row after three years of growth. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 32%. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, steam blasting machine imports surged to $X in 2021. Overall, imports showed a mild decline. The pace of growth was the most pronounced in 2017 with an increase of 30%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Japan (X units) and Italy (X units) were the main suppliers of steam blasting machine imports to Thailand, with a combined 86% share of total imports. These countries were followed by Taiwan (Chinese), Switzerland, the Philippines and Germany, which together accounted for a further 7.3%.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of +95.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of steam or sand blasting machines and similar jet-projecting machines to Thailand, comprising 58% of total imports. The second position in the ranking was taken by Japan ($X), with a 13% share of total imports. It was followed by Italy, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-13.7% per year) and Italy (-9.3% per year).

Import Prices by Country

In 2021, the average steam blasting machine import price amounted to $X per unit, with an increase of 36% against the previous year. Overall, the import price, however, continues to indicate a slight contraction. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat 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 Germany ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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