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Thailand - Iron Or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Gas Appliances Price in Thailand - 2023
Contents:
- Metal Gas Appliances Price in Thailand (FOB) - 2022
- Metal Gas Appliances Price in Thailand (CIF) - 2023
- Metal Gas Appliances Exports in Thailand
- Metal Gas Appliances Imports in Thailand
Metal Gas Appliances Price in Thailand (FOB) - 2022
In 2022, the average metal gas appliances export price amounted to $338 per unit, remaining relatively unchanged against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal gas appliances export price increased by +66.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 62%. The export price peaked at $412 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($423 per unit), while the average price for exports to the United States totaled $327 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+7.1%), while the prices for the other major destinations experienced a decline.
Metal Gas Appliances Price in Thailand (CIF) - 2023
In May 2023, the average metal gas appliances import price amounted to $39.2 per unit, shrinking by -50.2% against the previous month. Over the period under review, the import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in November 2022 an increase of 643% m-o-m. The import price peaked at $78.7 per unit in April 2023, and then shrank significantly in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to May 2023, the rate of growth in terms of prices for China amounted to -4.7% per month.
Metal Gas Appliances Exports in Thailand
In 2022, shipments abroad of iron or steel gas domestic appliances was finally on the rise to reach 390K units after two years of decline. Over the period under review, exports, however, saw a precipitous slump. The exports peaked at 895K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, metal gas appliances exports stood at $132M in 2022. In general, exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2020 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $241M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Metal Gas Appliances in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 173 | 227 | 119 | 116 | -12.5% |
Canada | 7.3 | 10.9 | 9.3 | 14.9 | 26.8% |
Taiwan (Chinese) | 0.3 | 0.6 | N/A | N/A | 100.0% |
Others | 1.0 | 2.3 | 2.0 | 1.2 | 6.3% |
Total | 181 | 241 | 130 | 132 | -10.0% |
Top Export Markets for Metal Gas Appliances from Thailand in 2022:
- United States (353.3K units)
- Canada (35.2K units)
Metal Gas Appliances Imports in Thailand
After three years of growth, supplies from abroad of iron or steel gas domestic appliances decreased by -31.6% to 53K units in 2022. Overall, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year. Imports peaked at 78K units in 2021, and then dropped sharply in the following year.
In value terms, metal gas appliances imports dropped rapidly to $1M in 2022. In general, imports recorded a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 8.2% against the previous year. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Metal Gas Appliances in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,279 | 1,203 | 1,140 | 872 | -12.0% |
South Korea | 29.5 | 66.8 | 75.6 | 94.8 | 47.6% |
Others | 52.2 | 203 | 95.2 | 55.9 | 2.3% |
Total | 1,361 | 1,473 | 1,311 | 1,023 | -9.1% |
Top Suppliers of Metal Gas Appliances to Thailand in 2022:
- China (51.3K units)
- South Korea (1.2K units)
This report provides an in-depth analysis of the metal gas appliances 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 27521234 - Iron or steel gas domestic appliances, including heaters, g rates, fires and braziers, for both gas and other fuels radiators (excluding cooking appliances and plate warmers )
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
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