Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Thailand - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Thailand (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Thailand (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Thailand
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Thailand
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Thailand (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.2 per unit, picking up by 3.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2018 an increase of 51%. As a result, import price attained the peak level of $0.2 per unit. From 2019 to 2022, the average import prices remained 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 Singapore ($0.6 per unit), while the price for India (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Thailand (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, shrinking by -6.6% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 40%. As a result, the export price attained the peak level of $0.2 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1 per unit), while the average price for exports to Lao People's Democratic Republic (less than $0.1 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 Hong Kong SAR (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Thailand
In 2022, approx. 9.6B units of electrical circuit prefabricated elements, connectors, contact elements and other equipment were imported into Thailand; with a decrease of -4.1% against 2021 figures. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 15%. As a result, imports reached the peak of 10B units, and then fell slightly in the following year.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment dropped slightly to $1.5B in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports attained the peak of $1.5B, leveling off in the following year.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 323 | 440 | 591 | 610 | 23.6% |
| Japan | 325 | 394 | 469 | 401 | 7.3% |
| United States | 44.4 | 37.0 | 48.3 | 65.0 | 13.5% |
| Malaysia | 42.0 | 40.7 | 59.9 | 55.6 | 9.8% |
| Germany | 27.4 | 27.7 | 41.9 | 47.6 | 20.2% |
| Vietnam | 20.3 | 30.3 | 44.9 | 42.0 | 27.4% |
| Taiwan (Chinese) | 24.8 | 25.9 | 36.8 | 40.0 | 17.3% |
| South Korea | 29.0 | 34.5 | 46.1 | 37.5 | 8.9% |
| India | 5.4 | 7.6 | 10.5 | 10.3 | 24.0% |
| Italy | 62.1 | 3.0 | 4.9 | 7.4 | -50.8% |
| Others | 104 | 109 | 142 | 174 | 18.7% |
| Total | 1,007 | 1,149 | 1,496 | 1,490 | 14.0% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Thailand in 2022:
- China (4451.2M units)
- Japan (2547.2M units)
- South Korea (480.7M units)
- Taiwan (Chinese) (259.4M units)
- United States (255.1M units)
- Malaysia (241.6M units)
- Germany (235.9M units)
- India (213.7M units)
- Vietnam (174.1M units)
- Italy (69.0M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Thailand
After three years of growth, overseas shipments of electrical circuit prefabricated elements, connectors, contact elements and other equipment decreased by -6.2% to 5.8B units in 2022. The total export volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of 6.2B units, and then fell in the following year.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment dropped to $651M in 2022. The total export value increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 28%. The exports peaked at $744M in 2021, and then declined in the following year.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 76.0 | 133 | 143 | 142 | 23.2% |
| Hong Kong SAR | 66.1 | 72.4 | 68.3 | 97.5 | 13.8% |
| Japan | 73.0 | 75.0 | 89.1 | 82.3 | 4.1% |
| Vietnam | 45.4 | 49.5 | 53.9 | 51.1 | 4.0% |
| Indonesia | 34.1 | 26.2 | 43.1 | 48.6 | 12.5% |
| India | 14.0 | 30.4 | 37.7 | 39.9 | 41.8% |
| Singapore | 28.6 | 31.4 | 52.9 | 32.2 | 4.0% |
| Malaysia | 73.2 | 135 | 110 | 29.5 | -26.1% |
| Philippines | 20.7 | 17.2 | 24.6 | 21.3 | 1.0% |
| United States | 12.1 | 14.5 | 21.5 | 16.1 | 10.0% |
| Cambodia | 10.9 | 11.1 | 12.9 | 15.1 | 11.5% |
| Mexico | 7.6 | 8.1 | 10.2 | 8.7 | 4.6% |
| Lao People's Democratic Republic | 7.8 | 4.8 | 6.3 | 6.1 | -7.9% |
| Others | 55.8 | 61.5 | 69.9 | 60.5 | 2.7% |
| Total | 525 | 670 | 744 | 651 | 7.4% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Thailand in 2022:
- Japan (1436.9M units)
- China (834.0M units)
- Indonesia (564.8M units)
- Vietnam (527.6M units)
- India (461.9M units)
- Philippines (388.3M units)
- Cambodia (225.0M units)
- Singapore (183.0M units)
- Lao People's Democratic Republic (174.0M units)
- Mexico (153.7M units)
- Malaysia (120.2M units)
- United States (95.6M units)
- Hong Kong SAR (93.2M units)
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