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Thailand - Plastic Fittings For Tubes, Pipes and Hoses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Plastic Fittings for Tubes, Pipes and Hoses in Thailand - 2023
Contents:
- Price for Plastic Fittings for Tubes, Pipes and Hoses in Thailand (CIF) - 2023
- Price for Plastic Fittings for Tubes, Pipes and Hoses in Thailand (FOB) - 2022
- Imports of Plastic Fittings for Tubes, Pipes and Hoses in Thailand
- Exports of Plastic Fittings for Tubes, Pipes and Hoses in Thailand
Price for Plastic Fittings for Tubes, Pipes and Hoses in Thailand (CIF) - 2023
In November 2023, the average import price for plastic fittings for tubes, pipes and hoses amounted to $8,367 per ton, dropping by -31.2% against the previous month. Overall, the import price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in February 2023 an increase of 30% m-o-m. As a result, import price reached the peak level of $15,710 per ton. From March 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($45,302 per ton), while the price for Vietnam ($4,959 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Plastic Fittings for Tubes, Pipes and Hoses in Thailand (FOB) - 2022
In 2022, the average export price for plastic fittings for tubes, pipes and hoses amounted to $5,277 per ton, falling by -14% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plastic fittings for tubes, pipes and hoses increased by +38.2% against 2016 indices. The growth pace was the most rapid in 2021 an increase of 40%. As a result, the export price reached the peak level of $6,133 per ton, and then contracted in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($16,684 per ton), while the average price for exports to Myanmar ($3,216 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Plastic Fittings for Tubes, Pipes and Hoses in Thailand
In 2022, supplies from abroad of plastic fittings for tubes, pipes and hoses decreased by -1.1% to 6.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.1% 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 +69.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 39% against the previous year.
In value terms, imports of plastic fittings for tubes, pipes and hoses skyrocketed to $69M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.1% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Plastic Fittings for Tubes, Pipes and Hoses in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 16.2 | 17.7 | 24.1 | 25.9 | 16.9% |
United States | 3.7 | 4.0 | 4.5 | 8.8 | 33.5% |
Japan | 8.5 | 7.4 | 8.5 | 8.5 | 0.0% |
Germany | 2.0 | 2.4 | 4.6 | 5.5 | 40.1% |
Israel | N/A | 0.2 | 0.9 | 2.3 | 239.1% |
Indonesia | 0.9 | 0.8 | 1.6 | 2.1 | 32.6% |
Vietnam | 0.7 | 1.6 | 1.7 | 1.7 | 34.4% |
Taiwan (Chinese) | 1.2 | 1.2 | 1.2 | 1.5 | 7.7% |
Malaysia | 1.0 | 0.5 | 0.6 | 1.0 | 0.0% |
Others | 9.6 | 10.1 | 9.6 | 12.1 | 8.0% |
Total | 43.8 | 45.9 | 57.3 | 69.3 | 16.5% |
Top Suppliers of Plastic Fittings for Tubes, Pipes and Hoses to Thailand in 2022:
- China (4545.0 tons)
- Indonesia (452.3 tons)
- Vietnam (245.1 tons)
- Malaysia (244.3 tons)
- Germany (219.6 tons)
- Japan (182.2 tons)
- United States (159.4 tons)
- Israel (152.3 tons)
- Taiwan (Chinese) (132.6 tons)
Exports of Plastic Fittings for Tubes, Pipes and Hoses in Thailand
Exports of plastic fittings for tubes, pipes and hoses from Thailand totaled 3.6K tons in 2022, approximately reflecting the previous year's figure. Over the period under review, exports, however, continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 18% against the previous year. As a result, the exports attained the peak of 4.5K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of plastic fittings for tubes, pipes and hoses shrank to $19M in 2022. Overall, exports, however, saw a mild descent. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports attained the peak of $22M, and then shrank in the following year.
Export of Plastic Fittings for Tubes, Pipes and Hoses in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cambodia | 6.6 | 4.7 | 4.8 | 3.7 | -17.5% |
Myanmar | 1.0 | 2.8 | 1.8 | 2.3 | 32.0% |
Lao People's Democratic Republic | 2.2 | 2.1 | 2.6 | 2.1 | -1.5% |
United States | 1.0 | 1.1 | 2.1 | 1.8 | 21.6% |
China | 1.3 | 1.7 | 1.7 | 1.8 | 11.5% |
Maldives | 1.2 | 0.6 | 0.6 | 0.8 | -12.6% |
Saudi Arabia | 1.0 | 1.2 | 1.6 | 0.7 | -11.2% |
Indonesia | 1.8 | 0.8 | 0.7 | 0.7 | -27.0% |
Australia | 0.5 | 0.3 | 0.3 | 0.4 | -7.2% |
United Arab Emirates | 0.6 | 0.2 | 0.2 | 0.3 | -20.6% |
Others | 3.0 | 4.2 | 5.7 | 4.5 | 14.5% |
Total | 20.3 | 19.7 | 22.0 | 19.1 | -2.0% |
Top Export Markets for Plastic Fittings for Tubes, Pipes and Hoses from Thailand in 2022:
- Cambodia (968.9 tons)
- Myanmar (712.9 tons)
- Lao People's Democratic Republic (586.7 tons)
- China (257.4 tons)
- Maldives (215.2 tons)
- Indonesia (146.3 tons)
- Saudi Arabia (109.8 tons)
- United States (108.3 tons)
- United Arab Emirates (86.8 tons)
- Australia (65.0 tons)
This report provides an in-depth analysis of the market for plastic fittings for tubes, pipes and hoses 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 22212970 - Fittings, e.g. joints, elbows, flanges, of plastics, for tubes, p ipes and hoses
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
-
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
-
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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