Thailand: Transmission Apparatus Market 2025

Transmission Apparatus Market Size in Thailand

In 2021, the Thai transmission apparatus market increased by 142% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption recorded a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Transmission Apparatus Production in Thailand

In value terms, transmission apparatus production stood at $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2015 with an increase of 180%. Transmission apparatus production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Transmission Apparatus Exports

Exports from Thailand

In 2021, approx. X tons of transmission apparatus incorporating reception apparatus were exported from Thailand; waning by -21.7% on the previous year. Over the period under review, exports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2017 when exports increased by 388%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, transmission apparatus exports dropped rapidly to $X in 2021. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 420%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Japan (X tons), the United Arab Emirates (X tons) and Myanmar (X tons) were the main destinations of transmission apparatus exports from Thailand, with a combined 57% 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 Japan (with a CAGR of +68.9%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the key foreign market for transmission apparatus incorporating reception apparatus exports from Thailand, comprising 42% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 14% share of total exports. It was followed by the Netherlands, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value to Japan stood at +85.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+58.0% per year) and the Netherlands (+53.9% per year).

Export Prices by Country

The average transmission apparatus export price stood at $X per ton in 2021, waning by -2% against the previous year. Overall, export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, transmission apparatus export price decreased by -27.5% against 2018 indices. The growth pace was the most rapid in 2018 when the average export price increased by 62% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average 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 Japan ($X per ton), while the average price for exports to the United States ($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 the Netherlands (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Apparatus Imports

Imports into Thailand

In 2021, the amount of transmission apparatus incorporating reception apparatus imported into Thailand soared to X tons, jumping by 138% compared with the previous year. Overall, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, transmission apparatus imports soared to $X in 2021. The total import value increased at an average annual rate of +6.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of transmission apparatus to Thailand, accounting for a 85% share of total imports. Moreover, transmission apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from China stood at +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+8.2% per year) and India (+157.1% per year).

In value terms, China ($X) constituted the largest supplier of transmission apparatus incorporating reception apparatus to Thailand, comprising 84% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+1.0% per year) and India (+120.6% per year).

Import Prices by Country

The average transmission apparatus import price stood at $X per ton in 2021, falling by -42.3% against the previous year. Over the period under review, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2015 an increase of 69% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 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 Vietnam ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (-6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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