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Thailand - Variable Capacitors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThailand Sees Sharp Decrease in Variable Capacitor Imports, Dropping to $8.6M in 2023
Thailand Variable Capacitor Imports
For the third year in a row, Thailand recorded decline in overseas purchases of variable capacitors, which decreased by -30.9% to 40M units in 2023. Over the period under review, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2018 with an increase of 338%. Over the period under review, imports reached the maximum at 83M units in 2020; however, from 2021 to 2023, imports remained at a lower figure.
In value terms, variable capacitor imports dropped rapidly to $8.6M (IndexBox estimates) in 2023. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 328%. Over the period under review, imports hit record highs at $21M in 2020; however, from 2021 to 2023, imports failed to regain momentum.
COUNTRY | Import Value of Variable Capacitor in Thailand (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
Japan | 0.4 | 1.2 | 1.0 | 1.5 | 0.2 | 1.7 | 2.4 | 12.4 | 4.4 | 4.3 | 3.4 |
China | 2.2 | 3.4 | 3.9 | 4.1 | 1.1 | 6.6 | 3.4 | 6.0 | 5.9 | 4.4 | 2.8 |
Philippines | N/A | N/A | N/A | N/A | N/A | 0.1 | 0.2 | 0.2 | 0.1 | 1.0 | 0.9 |
Malaysia | 0.1 | 0.4 | 0.7 | 0.9 | N/A | 0.5 | 0.4 | 0.7 | 0.9 | 0.6 | 0.5 |
South Korea | 0.3 | 0.6 | 0.8 | 0.6 | 0.3 | 0.6 | 0.4 | 0.7 | 1.4 | 0.6 | 0.5 |
Taiwan (Chinese) | 1.7 | 1.5 | 0.8 | 0.3 | 0.4 | 1.7 | 0.5 | 0.2 | 0.6 | 0.1 | 0.1 |
Singapore | 9.7 | 5.0 | 0.9 | 0.5 | 0.2 | 0.3 | 0.2 | 0.2 | 0.1 | 0.1 | N/A |
Others | 0.9 | 1.0 | 0.8 | 0.5 | 0.5 | 0.6 | 0.7 | 0.8 | 1.0 | 0.5 | 0.5 |
Total | 15.2 | 13.1 | 8.9 | 8.4 | 2.8 | 12.1 | 8.2 | 21.1 | 14.4 | 11.5 | 8.6 |
Imports by Country
China (21M units), Japan (13M units) and the Philippines (1.8M units) were the main suppliers of variable capacitor imports to Thailand, together accounting for 90% of total imports.
From 2013 to 2023, the biggest increases were recorded for the Philippines (with a CAGR of +77.1%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Japan ($3.4M), China ($2.8M) and the Philippines ($929K) were the largest variable capacitor suppliers to Thailand, together accounting for 82% of total imports.
In terms of the main suppliers, the Philippines, with a CAGR of +77.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the variable capacitor price amounted to $0.2 per unit (CIF, Thailand), surging by 8.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 25%. The import price peaked at $0.3 per unit in 2020; however, from 2021 to 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($0.7 per unit), while the price for China ($0.1 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the variable capacitor 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 27905300 - Variable capacitors (including pre-sets)
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