Thailand - Electric Accumulators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAccumulator Price in Thailand - 2023
Contents:
- Accumulator Price in Thailand (CIF) - 2022
- Accumulator Price in Thailand (FOB) - 2022
- Accumulator Imports in Thailand
- Accumulator Exports in Thailand
Accumulator Price in Thailand (CIF) - 2022
In 2022, the average accumulator import price amounted to $7.6 per unit, falling by -1.9% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, accumulator import price decreased by -12.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 47% against the previous year. As a result, import price reached the peak level of $8.7 per unit. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($22 per unit), while the price for Indonesia ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Accumulator Price in Thailand (FOB) - 2022
The average accumulator export price stood at $1.8 per unit in 2022, rising by 9.9% against the previous year. Over the period under review, the export price, however, showed a sharp slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 381%. The export price peaked at $21 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($2.6 per unit), while the average price for exports to Vietnam ($0.3 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 Japan (-12.7%), while the prices for the other major destinations experienced a decline.
Accumulator Imports in Thailand
For the fourth consecutive year, Thailand recorded growth in purchases abroad of electric accumulators, which increased by 25% to 82M units in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 63% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, accumulator imports soared to $625M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +28.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +110.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 53%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Accumulator in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 112 | 153 | 205 | 335 | 44.1% |
Japan | 43.1 | 147 | 88.3 | 82.9 | 24.4% |
Malaysia | 2.2 | 0.8 | 51.8 | 34.9 | 151.3% |
South Korea | 19.0 | 41.5 | 23.9 | 32.4 | 19.5% |
Germany | 30.0 | 29.6 | 34.7 | 32.0 | 2.2% |
Vietnam | 18.2 | 19.7 | 31.3 | 22.7 | 7.6% |
Indonesia | 5.7 | 7.1 | 8.5 | 5.9 | 1.2% |
Others | 68.0 | 56.6 | 67.9 | 79.3 | 5.3% |
Total | 298 | 455 | 511 | 625 | 28.0% |
Top Suppliers of Accumulator to Thailand in 2022:
- China (60.4M units)
- Indonesia (4.7M units)
- Japan (4.7M units)
- Vietnam (2.8M units)
- Malaysia (2.4M units)
- Germany (1.9M units)
- South Korea (1.5M units)
Accumulator Exports in Thailand
After three years of growth, overseas shipments of electric accumulators decreased by -9.2% to 197M units in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 450%. As a result, the exports reached the peak of 217M units, and then reduced in the following year.
In value terms, accumulator exports fell modestly to $363M in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. As a result, the exports attained the peak of $364M, leveling off in the following year.
Export of Accumulator in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 36.0 | 34.0 | 46.2 | 48.4 | 10.4% |
Vietnam | 13.1 | 10.4 | 61.5 | 46.2 | 52.2% |
Singapore | 10.6 | 11.9 | 14.5 | 14.2 | 10.2% |
Cambodia | 24.8 | 18.1 | 14.9 | 13.0 | -19.4% |
Japan | 6.5 | 7.3 | 7.4 | 8.6 | 9.8% |
China | 0.9 | 1.3 | 4.9 | 5.9 | 87.2% |
Brazil | 3.9 | 1.4 | 4.4 | 5.4 | 11.5% |
Others | 218 | 215 | 210 | 221 | 0.5% |
Total | 314 | 299 | 364 | 363 | 5.0% |
Top Export Markets for Accumulator from Thailand in 2022:
- Vietnam (136.8M units)
- Malaysia (18.7M units)
- Singapore (6.9M units)
- Cambodia (5.5M units)
- China (3.9M units)
- Japan (3.6M units)
- Brazil (2.9M units)
This report provides an in-depth analysis of the accumulator 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 27202100 - Lead-acid accumulators for starting piston engines
- Prodcom 27202210 -
- Prodcom 27202250 -
- Prodcom 27202300 - Nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer, nickel-iron and other electric accumulators
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
-
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
This report provides an in-depth analysis of the accumulator market in Thailand.
This report provides an in-depth analysis of the market for lead-acid accumulators (excluding starter batteries) in Thailand.
This report provides an in-depth analysis of the starter battery market in Thailand.
This report provides an in-depth analysis of the market for nickel and lithium accumulators in Thailand.
This report provides an in-depth analysis of the lithium-ion accumulator market in Thailand.
This report provides an in-depth analysis of the global accumulator market.
This report provides an in-depth analysis of the global market for lead-acid accumulators (excluding starter batteries).
This report provides an in-depth analysis of the global starter battery market.
This report provides an in-depth analysis of the global market for nickel and lithium accumulators.
This report provides an in-depth analysis of the global lithium-ion accumulator market.
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Discover the top import markets for accumulators worldwide, including the United States, Germany, South Korea, and more. Explore key statistics and import values provided by the IndexBox market intelligence platform.
In 2016, approx. X tons of accumulator were imported worldwide- increasing by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to...