Thailand: Market for Vacuum Cleaners Without Motor 2025

Market Size for Vacuum Cleaners Without Motor in Thailand

The Thai vacuum cleaner without motor market reduced sharply to $X in 2022, waning by -27.5% against the previous year. In general, consumption faced a abrupt downturn. Vacuum cleaner without motor consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Vacuum Cleaners Without Motor in Thailand

In value terms, vacuum cleaner without motor production rose slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Vacuum Cleaners Without Motor

Exports from Thailand

In 2022, overseas shipments of vacuum cleaners without motor increased by 3.8% to X units, rising for the fourth year in a row after four years of decline. Overall, exports showed a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by 684%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, vacuum cleaner without motor exports fell remarkably to $X in 2022. Over the period under review, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 803%. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced dramatically in the following year.

Exports by Country

The United States (X units) was the main destination for vacuum cleaner without motor exports from Thailand, with a 95% share of total exports. It was followed by China (X units), with a 1.8% share of total exports. Hong Kong SAR (X units) ranked third in terms of total exports with a 1.6% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +250.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+20.7% per year) and Hong Kong SAR (+25.4% per year).

In value terms, the United States ($X) remains the key foreign market for vacuum cleaners without motor exports from Thailand, comprising 93% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 2.7% share of total exports. It was followed by China, with a 2.1% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +274.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+14.0% per year) and China (+4.7% per year).

Export Prices by Country

The average vacuum cleaner without motor export price stood at $X per unit in 2022, reducing by -37.9% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2020 an increase of 15% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the average price for exports to Myanmar ($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 Taiwan (Chinese) (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vacuum Cleaners Without Motor

Imports into Thailand

In 2022, supplies from abroad of vacuum cleaners without motor decreased by -48.1% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 328% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then fell notably in the following year.

In value terms, vacuum cleaner without motor imports fell significantly to $X in 2022. Overall, imports, however, saw a tangible expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 96% against the previous year. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of vacuum cleaner without motor to Thailand, with a 97% share of total imports. It was followed by Japan (X units), with a 0.3% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +29.3%.

In value terms, China ($X) constituted the largest supplier of vacuum cleaners without motor to Thailand, comprising 82% of total imports. The second position in the ranking was held by Japan ($X), with a 3.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +18.8%.

Import Prices by Country

In 2022, the average vacuum cleaner without motor import price amounted to $X per unit, picking up by 15% against the previous year. Over the period under review, the import price, however, showed a deep setback. The pace of growth appeared the most rapid in 2014 an increase of 36%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.4%).

Source: IndexBox Platform

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