Thailand - Lifting Equipment Designed For Mounting On Road Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMounting Lifting Equipment Price in Thailand - 2023
Contents:
- Mounting Lifting Equipment Price in Thailand (CIF) - 2022
- Mounting Lifting Equipment Price in Thailand (FOB) - 2023
- Mounting Lifting Equipment Imports in Thailand
- Mounting Lifting Equipment Exports in Thailand
Mounting Lifting Equipment Price in Thailand (CIF) - 2022
The average mounting lifting equipment import price stood at $15,125 per unit in 2022, shrinking by -6.4% against the previous year. Over the period under review, the import price saw a deep slump. The growth pace was the most rapid in 2019 when the average import price increased by 12% against the previous year. As a result, import price reached the peak level of $32,635 per unit. From 2020 to 2022, the average import prices remained 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 ($26,301 per unit), while the price for Japan ($11,381 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+0.1%), while the prices for the other major suppliers experienced a decline.
Mounting Lifting Equipment Price in Thailand (FOB) - 2023
In July 2023, the average mounting lifting equipment export price amounted to $14,876 per unit, with an increase of 20% against the previous month. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 67% m-o-m. As a result, the export price reached the peak level of $18,482 per unit; afterwards, it flattened through to July 2023.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Australia ($20,186 per unit), while the average price for exports to the Philippines ($12,882 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Mounting Lifting Equipment Imports in Thailand
In 2022, the amount of lifting equipment designed for mounting on road vehicles imported into Thailand surged to 1.8K units, picking up by 30% on 2021 figures. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 60%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, mounting lifting equipment imports skyrocketed to $27M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Mounting Lifting Equipment in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.0 | 3.0 | 5.6 | 7.5 | 35.7% |
Japan | 3.7 | 3.6 | 3.5 | 7.4 | 26.0% |
United States | 5.6 | 7.2 | 6.0 | 3.2 | -17.0% |
Germany | 1.1 | 0.9 | 0.3 | 2.4 | 29.7% |
Austria | 2.6 | 2.0 | 1.0 | 2.0 | -8.4% |
Italy | 1.1 | 2.7 | 1.8 | 1.3 | 5.7% |
Poland | 3.0 | 0.7 | 2.0 | 1.2 | -26.3% |
Others | 1.8 | 0.9 | 2.4 | 2.4 | 10.1% |
Total | 21.8 | 21.0 | 22.5 | 27.4 | 7.9% |
Top Suppliers of Mounting Lifting Equipment to Thailand in 2022:
- Japan (648.0 units)
- China (518.0 units)
- United States (157.0 units)
- Germany (112.0 units)
- Italy (97.0 units)
- Austria (94.0 units)
- Poland (65.0 units)
Mounting Lifting Equipment Exports in Thailand
In 2022, the amount of lifting equipment designed for mounting on road vehicles exported from Thailand rose to 963 units, surging by 1.8% against 2021. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 55%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, mounting lifting equipment exports expanded modestly to $15M in 2022. In general, total exports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Mounting Lifting Equipment in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 2.4 | 0.6 | 1.9 | 4.4 | 22.4% |
Australia | 1.5 | 0.7 | 1.6 | 2.7 | 21.6% |
Taiwan (Chinese) | 1.6 | 1.4 | 1.7 | 2.7 | 19.1% |
Russia | 2.5 | 4.0 | 5.0 | 1.4 | -17.6% |
Saudi Arabia | 1.3 | 0.6 | 1.2 | 0.8 | -14.9% |
Philippines | 1.0 | 0.6 | 0.7 | 0.7 | -11.2% |
Indonesia | 2.5 | 0.4 | 0.9 | 0.7 | -34.6% |
Myanmar | 0.2 | 0.1 | N/A | N/A | -50.0% |
Others | 1.3 | 1.3 | 1.2 | 1.4 | 2.5% |
Total | 14.3 | 9.8 | 14.1 | 14.8 | 1.2% |
Top Export Markets for Mounting Lifting Equipment from Thailand in 2022:
- Vietnam (359.0 units)
- Taiwan (Chinese) (167.0 units)
- Russia (99.0 units)
- Australia (82.0 units)
- Saudi Arabia (67.0 units)
- Philippines (55.0 units)
- Indonesia (32.0 units)
- Myanmar (12.0 units)
This report provides an in-depth analysis of the vehicle-mounted lifting equipment 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 28221460 - Lifting equipment designed for mounting on road vehicles
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
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