Thailand - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultimeter Price in Thailand - 2023
Contents:
- Multimeter Price in Thailand (CIF) - 2022
- Multimeter Price in Thailand (FOB) - 2022
- Multimeter Imports in Thailand
- Multimeter Exports in Thailand
Multimeter Price in Thailand (CIF) - 2022
In 2022, the average multimeter import price amounted to $43 per unit, increasing by 22% against the previous year. Over the period under review, the import price, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 80%. The import price peaked at $57 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($587 per unit), while the price for China ($16 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Multimeter Price in Thailand (FOB) - 2022
In 2022, the average multimeter export price amounted to $51 per unit, jumping by 17% against the previous year. Over the period under review, the export price, however, saw a noticeable reduction. The growth pace was the most rapid in 2019 when the average export price increased by 36% against the previous year. The export price peaked at $70 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($122 per unit), while the average price for exports to Belgium ($19 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 Spain (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Multimeter Imports in Thailand
For the third year in a row, Thailand recorded decline in purchases abroad of multimeters, which decreased by -2.4% to 221K units in 2022. Over the period under review, imports recorded a abrupt setback. Over the period under review, imports attained the maximum at 332K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, multimeter imports skyrocketed to $9.5M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
Import of Multimeter in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,202 | 1,758 | 2,024 | 2,456 | 3.7% |
United States | 1,052 | 572 | 886 | 1,596 | 14.9% |
Japan | 818 | 873 | 1,186 | 1,143 | 11.8% |
Italy | 291 | 318 | 710 | 762 | 37.8% |
India | 1,007 | 477 | 958 | 742 | -9.7% |
Malaysia | 242 | 240 | 249 | 510 | 28.2% |
Romania | 4.3 | 4.1 | 269 | 473 | 379.1% |
Spain | 323 | 327 | 359 | 410 | 8.3% |
Others | 1,135 | 1,519 | 1,339 | 1,379 | 6.7% |
Total | 7,073 | 6,088 | 7,980 | 9,473 | 10.2% |
Top Suppliers of Multimeter to Thailand in 2022:
- China (155.1K units)
- Romania (25.3K units)
- Japan (9.8K units)
- United States (6.6K units)
- Spain (5.6K units)
- Italy (4.5K units)
- Malaysia (3.4K units)
- India (2.7K units)
Multimeter Exports in Thailand
Multimeter exports from Thailand shrank remarkably to 48K units in 2022, dropping by -25.3% against the previous year. In general, total exports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +3.0% 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 +46.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 96%. As a result, the exports reached the peak of 64K units, and then reduced markedly in the following year.
In value terms, multimeter exports fell to $2.4M in 2022. Overall, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +2.2% 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 +78.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. As a result, the exports reached the peak of $2.8M, and then reduced in the following year.
Export of Multimeter in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 242 | 429 | 811 | 568 | 32.9% |
China | 349 | 129 | 246 | 353 | 0.4% |
United States | 292 | 183 | 348 | 300 | 0.9% |
Lao People's Democratic Republic | 326 | 99.2 | 195 | 246 | -9.0% |
Japan | 123 | 23.3 | 11.0 | 129 | 1.6% |
United Kingdom | 55.6 | 72.2 | 257 | 117 | 28.1% |
Belgium | 87.8 | 91.3 | 132 | 111 | 8.1% |
Spain | 136 | 36.4 | 62.2 | 81.7 | -15.6% |
Denmark | 38.3 | 11.9 | 46.2 | 58.2 | 15.0% |
Malaysia | 382 | 57.1 | 9.4 | 4.3 | -77.6% |
Others | 266 | 239 | 683 | 480 | 21.7% |
Total | 2,297 | 1,371 | 2,802 | 2,449 | 2.2% |
Top Export Markets for Multimeter from Thailand in 2022:
- Singapore (13.3K units)
- United States (6.2K units)
- Belgium (5.7K units)
- China (4.0K units)
- Spain (3.9K units)
- Lao People's Democratic Republic (3.5K units)
- United Kingdom (3.0K units)
- Denmark (2.2K units)
- Japan (1.1K units)
- Malaysia (0.1K units)
This report provides an in-depth analysis of the multimeter 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 26514310 - Multimeters
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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