Thailand - Pliers, Pincers And Tweezers For Nonmedical Use - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPliers and Pincers Price in Thailand - 2023
Contents:
- Pliers and Pincers Price in Thailand (CIF) - 2023
- Pliers and Pincers Price in Thailand (FOB) - 2023
- Pliers and Pincers Imports in Thailand
- Pliers and Pincers Exports in Thailand
Pliers and Pincers Price in Thailand (CIF) - 2023
The average pliers and pincers import price stood at $7,837 per ton in September 2023, picking up by 29% against the previous month. In general, import price indicated a measured increase from September 2022 to September 2023: its price increased at an average monthly rate of +2.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, pliers and pincers import price increased by +48.2% against July 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 125% m-o-m. As a result, import price attained the peak level of $8,819 per ton. From March 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($46,108 per ton), while the price for China ($4,449 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Pliers and Pincers Price in Thailand (FOB) - 2023
The average pliers and pincers export price stood at $13,001 per ton in September 2023, shrinking by -5.4% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 12% against the previous month. As a result, the export price reached the peak level of $14,878 per ton. From February 2023 to September 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was France ($16,694 per ton), while the average price for exports to Myanmar ($5,400 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.5%), while the prices for the other major destinations experienced a decline.
Pliers and Pincers Imports in Thailand
In 2022, the amount of pliers, pincers and tweezers for nonmedical use imported into Thailand rose notably to 2.7K tons, increasing by 12% on 2021. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, pliers and pincers imports totaled $16M in 2022. Overall, imports, however, saw a mild decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year.
Import of Pliers and Pincers in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.6 | 7.0 | 8.5 | 7.9 | -2.8% |
Japan | 2.8 | 2.4 | 2.5 | 2.6 | -2.4% |
Taiwan (Chinese) | 1.4 | 1.3 | 1.2 | 1.6 | 4.6% |
India | 0.5 | 0.5 | 0.5 | 0.9 | 21.6% |
Others | 3.3 | 2.8 | 3.1 | 3.0 | -3.1% |
Total | 16.6 | 13.9 | 15.8 | 15.9 | -1.4% |
Top Suppliers of Pliers and Pincers to Thailand in 2022:
- China (2289.3 tons)
- India (164.0 tons)
- Taiwan (Chinese) (109.7 tons)
- Japan (44.8 tons)
Pliers and Pincers Exports in Thailand
For the fourth year in a row, Thailand recorded growth in overseas shipments of pliers, pincers and tweezers for nonmedical use, which increased by 9.3% to 521 tons in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 88%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, pliers and pincers exports stood at $8M in 2022. The total export value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 23%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
Export of Pliers and Pincers in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 5.1 | 6.6 | 6.6 | 7.0 | 11.1% |
Malaysia | N/A | N/A | N/A | 0.4 | 0% |
Taiwan (Chinese) | N/A | N/A | N/A | 0.1 | 0% |
Cambodia | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
France | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
Myanmar | N/A | N/A | N/A | N/A | 0% |
Others | 0.6 | 0.5 | 0.6 | 0.3 | -20.6% |
Total | 6.0 | 7.4 | 7.5 | 8.0 | 10.1% |
Top Export Markets for Pliers and Pincers from Thailand in 2022:
- Japan (447.5 tons)
- Malaysia (33.8 tons)
- Taiwan (Chinese) (9.8 tons)
- Cambodia (6.3 tons)
- France (4.3 tons)
This report provides an in-depth analysis of the pliers and pincers 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 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal
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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