Thailand: Threaded Metal Articles Market 2025

Threaded Metal Articles Market Size in Thailand

The Thai threaded metal articles market was estimated at $X in 2021, rising by 13% against the previous year. In general, consumption saw a relatively flat trend pattern. Threaded metal articles consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Threaded Metal Articles Production in Thailand

In value terms, threaded metal articles production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 119% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Threaded Metal Articles Exports

Exports from Thailand

In 2021, shipments abroad of threaded articles of iron or steel increased by 86% to X tons, rising for the second year in a row after three years of decline. Overall, total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +162.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, threaded metal articles exports soared to $X in 2021. In general, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +82.8% against 2019 indices. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

India (X tons), the United States (X tons) and Australia (X tons) were the main destinations of threaded metal articles exports from Thailand, with a combined 84% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +68.1%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), the United States ($X) and the Netherlands ($X) were the largest markets for threaded metal articles exported from Thailand worldwide, together comprising 75% of total exports.

India, with a CAGR of +60.8%, saw the highest growth rate of the value of exports, among 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 threaded metal articles export price stood at $X per ton in 2021, dropping by -24.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2013 when the average export price increased by 31% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the United States ($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 France (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Threaded Metal Articles Imports

Imports into Thailand

In 2021, threaded metal articles imports into Thailand reduced to X tons, shrinking by -7.1% on the previous year's figure. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, threaded metal articles imports surged to $X in 2021. Over the period under review, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +37.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 18%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and Japan (X tons) were the main suppliers of threaded metal articles imports to Thailand, with a combined 96% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +16.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest threaded metal articles suppliers to Thailand were China ($X), Taiwan (Chinese) ($X) and Japan ($X), together accounting for 84% of total imports.

China, with a CAGR of +14.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average threaded metal articles import price amounted to $X per ton, jumping by 26% against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. The import price peaked at $X per ton 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 Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+4.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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