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Thailand - Telephones And Videophones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThailand's November 2023 Export of Telephones Surges by 61% to $20M
Thailand Telephone Exports
In November 2023, the amount of telephones and videophones exported from Thailand soared to 138K units, growing by 16% against the previous month's figure. Overall, exports, however, saw a slight descent. The growth pace was the most rapid in September 2023 with an increase of 63% against the previous month. As a result, the exports attained the peak of 190K units. From October 2023 to November 2023, the growth of the exports remained at a lower figure.
In value terms, telephone exports soared to $20M (IndexBox estimates) in November 2023. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 with an increase of 65% month-to-month. As a result, the exports reached the peak of $26M. From April 2023 to November 2023, the growth of the exports remained at a somewhat lower figure.
COUNTRY | Export Value of Telephone in Thailand (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | |
United States | 8.4 | 9.6 | 5.7 | 7.0 | 10.5 | 7.1 | 10.5 | 9.0 | 6.7 | 6.0 | 10.7 | 2.5 | 6.6 |
Japan | 2.2 | 1.4 | 1.5 | 1.9 | 2.8 | 1.7 | 1.7 | 2.4 | 1.4 | 2.1 | 1.7 | 1.8 | 2.6 |
South Korea | 1.0 | 0.8 | 0.8 | 0.6 | 0.7 | 0.8 | 0.9 | 0.8 | 1.7 | 0.4 | 0.8 | 0.6 | 0.9 |
Others | 7.4 | 12.4 | 5.5 | 6.1 | 11.8 | 9.7 | 10.0 | 13.4 | 10.3 | 9.5 | 11.3 | 7.3 | 9.8 |
Total | 19.0 | 24.2 | 13.5 | 15.6 | 25.8 | 19.3 | 23.1 | 25.6 | 20.1 | 18.0 | 24.5 | 12.3 | 19.9 |
Exports by Country
Japan (41K units), the United States (34K units) and South Korea (28K units) were the main destinations of telephone exports from Thailand, together accounting for 75% of total exports.
From November 2022 to November 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +0.2%), while the other leaders experienced a decline.
In value terms, the United States ($6.6M) remains the key foreign market for telephone exports from Thailand, comprising 33% of total exports. The second position in the ranking was taken by Japan ($2.6M), with a 13% share of total exports.
From November 2022 to November 2023, the average monthly growth rate of value to the United States amounted to -1.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (+1.5% per month) and South Korea (-1.5% per month).
Exports by Type
Telephone sets n.e.c. in item no. 8517.1 (100K units) was the largest type of telephone exported from Thailand, with a 72% share of total exports. Moreover, telephone sets n.e.c. in item no. 8517.1 exceeded the volume of the second product type, line telephone sets with cordless handsets (39K units), threefold.
From November 2022 to November 2023, the average monthly rate of growth in terms of the volume of export of telephone sets n.e.c. in item no. 8517.1 stood at -2.2%.
In value terms, telephone sets n.e.c. in item no. 8517.1 ($19M) remains the largest type of telephone exported from Thailand, comprising 93% of total exports. The second position in the ranking was taken by line telephone sets with cordless handsets ($1.3M), with a 6.8% share of total exports.
From November 2022 to November 2023, the average monthly growth rate of the export volume of telephone sets n.e.c. in item no. 8517.1 was relatively modest.
Export Prices by Country
In November 2023, the telephone price amounted to $144 per unit (FOB, Thailand), rising by 39% against the previous month. Overall, export price indicated a moderate increase from November 2022 to November 2023: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, telephone export price increased by +39.4% against October 2023 indices. The pace of growth was the most pronounced in March 2023 an increase of 48% m-o-m. Over the period under review, the average export prices reached the maximum at $165 per unit in June 2023; however, from July 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Lao People's Democratic Republic ($752 per unit), while the average price for exports to South Korea ($30.8 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the telephone market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26302100 - Line telephone sets with cordless handsets
- Prodcom 26302330 - Telephone sets (excluding line telephone sets with cordless handsets and telephones for cellular networks or for other wireless networks), videophones
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023