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Thailand - Percussion Musical Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPercussion Musical Instrument Price in Thailand - 2023
Contents:
- Percussion Musical Instrument Price in Thailand (FOB) - 2022
- Percussion Musical Instrument Price in Thailand (CIF) - 2022
- Percussion Musical Instrument Exports in Thailand
- Percussion Musical Instrument Imports in Thailand
Percussion Musical Instrument Price in Thailand (FOB) - 2022
The average percussion musical instrument export price stood at $17 per unit in 2022, with an increase of 17% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $19 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($18 per unit), while the average price for exports to Qatar ($3.4 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 South Korea (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Percussion Musical Instrument Price in Thailand (CIF) - 2022
In 2022, the average percussion musical instrument import price amounted to $37 per unit, picking up by 34% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $40 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($192 per unit), while the price for China ($26 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Percussion Musical Instrument Exports in Thailand
In 2022, approx. 928K units of percussion musical instruments were exported from Thailand; surging by 7.8% against 2021 figures. The total export volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, percussion musical instrument exports skyrocketed to $16M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.6% 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 +70.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 35% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Percussion Musical Instrument in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.1 | 4.7 | 6.6 | 7.7 | 8.1% |
Germany | 2.7 | 2.0 | 2.5 | 3.7 | 11.1% |
Japan | 0.7 | 0.6 | 0.7 | 0.6 | -5.0% |
China | 0.5 | 0.4 | 0.4 | 0.3 | -15.7% |
Australia | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
South Korea | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
Qatar | N/A | N/A | N/A | 0.1 | 0% |
United Kingdom | N/A | 0.1 | N/A | 0.1 | 0.0% |
Others | 2.9 | 1.4 | 2.1 | 3.3 | 4.4% |
Total | 13.4 | 9.5 | 12.8 | 16.2 | 6.5% |
Top Export Markets for Percussion Musical Instrument from Thailand in 2022:
- United States (419.9K units)
- Germany (280.3K units)
- Japan (34.1K units)
- Qatar (28.1K units)
- Australia (17.3K units)
- United Kingdom (14.8K units)
- South Korea (12.0K units)
- China (11.8K units)
Percussion Musical Instrument Imports in Thailand
In 2022, the amount of percussion musical instruments imported into Thailand dropped to 72K units, which is down by -11.5% compared with 2021. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Over the period under review, imports hit record highs at 116K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, percussion musical instrument imports skyrocketed to $2.6M in 2022. Over the period under review, imports faced a abrupt slump. Imports peaked at $3.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Percussion Musical Instrument in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,141 | 1,679 | 1,148 | 1,349 | -14.3% |
United States | 690 | 325 | 254 | 277 | -26.2% |
Germany | 206 | 229 | 284 | 274 | 10.0% |
Taiwan (Chinese) | 185 | 203 | 109 | 262 | 12.3% |
Japan | 103 | 94.9 | 169 | 166 | 17.2% |
Others | 431 | 281 | 270 | 321 | -9.4% |
Total | 3,755 | 2,811 | 2,234 | 2,648 | -11.0% |
Top Suppliers of Percussion Musical Instrument to Thailand in 2022:
- China (52.8K units)
- United States (6.7K units)
- Germany (3.5K units)
- Taiwan (Chinese) (3.4K units)
- Japan (2.5K units)
This report provides an in-depth analysis of the percussion musical instrument 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 32201510 - Percussion musical instruments
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 percussion musical instrument market in Thailand.
This report provides an in-depth analysis of the global percussion musical instrument market.
This report provides an in-depth analysis of the percussion musical instrument market in Thailand.
This report provides an in-depth analysis of the global percussion musical instrument market.
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