Thailand: Market for Tailor Dummies And Automata 2024

Market Size for Tailor Dummies And Automata in Thailand

In 2021, after three years of decline, there was significant growth in the Thai tailor dummies and automata market, when its value increased by 174% to $X. Overall, consumption, however, continues to indicate a deep contraction. Tailor dummies and automata consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Tailor Dummies And Automata in Thailand

In value terms, tailor dummies and automata production stood at $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 14% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Tailor Dummies And Automata

Exports from Thailand

Tailor dummies and automata exports from Thailand contracted to X tons in 2021, waning by -14.8% compared with the year before. Overall, exports, however, continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2014 with an increase of 48% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, tailor dummies and automata exports reduced modestly to $X in 2021. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by 94%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Cambodia (X tons) was the main destination for tailor dummies and automata exports from Thailand, accounting for a 38% share of total exports. Moreover, tailor dummies and automata exports to Cambodia exceeded the volume sent to the second major destination, Myanmar (X tons), twofold. Lao People's Democratic Republic (X tons) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2021, the average annual growth rate of volume to Cambodia totaled +61.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+73.7% per year) and Lao People's Democratic Republic (+50.2% per year).

In value terms, Lao People's Democratic Republic ($X) remains the key foreign market for tailor dummies and automata exports from Thailand, comprising 52% of total exports. The second position in the ranking was taken by Cambodia ($X), with an 18% share of total exports. It was followed by the United States, with a 5.8% share.

From 2012 to 2021, the average annual growth rate of value to Lao People's Democratic Republic stood at +96.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (+48.0% per year) and the United States (+20.4% per year).

Export Prices by Country

The average tailor dummies and automata export price stood at $X per ton in 2021, surging by 15% against the previous year. Overall, the export price recorded pronounced growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 53% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the 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 Lao People's Democratic Republic ($X per ton), while the average price for exports to Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+46.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tailor Dummies And Automata

Imports into Thailand

Tailor dummies and automata imports into Thailand soared to X tons in 2021, picking up by 98% against the previous year. In general, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tailor dummies and automata imports soared to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 77%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of tailor dummies and automata to Thailand, accounting for a 95% share of total imports. It was followed by the United States (X tons), with a 1.7% share of total imports. The third position in this ranking was taken by Japan (X tons), with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +20.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+33.3% per year) and Japan (+18.5% per year).

In value terms, China ($X) constituted the largest supplier of tailor dummies and automata to Thailand, comprising 70% of total imports. The second position in the ranking was taken by the United States ($X), with a 12% share of total imports. It was followed by Japan, with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+28.5% per year) and Japan (-14.7% per year).

Import Prices by Country

In 2021, the average tailor dummies and automata import price amounted to $X per ton, dropping by -34.1% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 42%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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