Thailand: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in Thailand

The Thai respiration apparatus market skyrocketed to $X in 2023, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted notable growth. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Respiration Apparatus Exports

Exports from Thailand

In 2023, after six years of growth, there was significant decline in shipments abroad of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus, when their volume decreased by X% to X units. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at X units in 2022, and then contracted rapidly in the following year.

In value terms, respiration apparatus exports reduced markedly to $X in 2023. In general, exports, however, saw mild growth. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at $X in 2022, and then declined significantly in the following year.

Exports by Country

Malaysia (X units) was the main destination for respiration apparatus exports from Thailand, with a X% share of total exports. It was followed by Taiwan (Chinese) (X units), with a X% share of total exports. The third position in this ranking was taken by Myanmar (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Malaysia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Myanmar (X% per year).

In value terms, Malaysia ($X) remains the key foreign market for ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus exports from Thailand, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by Myanmar, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Malaysia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Myanmar (X% per year).

Export Prices by Country

In 2023, the average respiration apparatus export price amounted to $X per unit, waning by X% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of X% 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 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Respiration Apparatus Imports

Imports into Thailand

In 2023, respiration apparatus imports into Thailand expanded slightly to X units, growing by X% against the year before. Over the period under review, imports saw a measured expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X units. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, respiration apparatus imports dropped to $X in 2023. In general, imports continue to indicate moderate growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, China (X units) constituted the largest supplier of respiration apparatus to Thailand, accounting for a X% share of total imports. Moreover, respiration apparatus imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), sixfold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X), the United States ($X) and Australia ($X) appeared to be the largest respiration apparatus suppliers to Thailand, with a combined X% share of total imports. New Zealand, Germany, Switzerland, Taiwan (Chinese) and Mexico lagged somewhat behind, together accounting for a further X%.

New Zealand, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average respiration apparatus import price stood at $X per unit in 2023, dropping by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of X%. As a result, import price attained the peak level of $X per unit, and then reduced rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform