Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Thailand - 2024

Contents:

  1. Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Thailand (CIF) - 2022
  2. Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Thailand (FOB) - 2022
  3. Imports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Thailand
  4. Exports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Thailand

Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Thailand (CIF) - 2022

In 2022, the average import price for surveying equipment; parts and accessories for articles of heading no. 9015 amounted to $47,273 per ton, rising by 25% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 137% against the previous year. Over the period under review, average import prices reached the maximum at $144,173 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($281,786 per ton), while the price for India ($12,151 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Thailand (FOB) - 2022

In 2022, the average export price for surveying equipment; parts and accessories for articles of heading no. 9015 amounted to $92,419 per ton, jumping by 25% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 108% against the previous year. Over the period under review, the average export prices hit record highs at $163,998 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 ($606,472 per ton), while the average price for exports to Indonesia ($26,345 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 South Korea (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Thailand

For the fourth year in a row, Thailand recorded growth in overseas purchases of surveying equipment; parts and accessories for articles of heading no. 9015, which increased by 6% to 148 tons in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 164% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of surveying equipment; parts and accessories for articles of heading no. 9015 soared to $7M in 2022. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 57% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0107522,4263,57452.4%
China3905878121,05939.5%
Singapore28130124339612.1%
Japan82.534.541.839168.0%
United Kingdom1611061962119.4%
India1.93.12.2150329.0%
Netherlands6.8247199141174.7%
Vietnam43776263649.1-51.7%
Others6016268151,04920.4%
Total2,9713,4185,3717,01933.2%

Top Suppliers of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 to Thailand in 2022:

  1. China (78.1 tons)
  2. United States (31.2 tons)
  3. India (12.3 tons)
  4. Japan (3.3 tons)
  5. United Kingdom (2.8 tons)
  6. Netherlands (2.3 tons)
  7. Singapore (1.4 tons)
  8. Vietnam (1.1 tons)

Exports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Thailand

In 2022, shipments abroad of surveying equipment; parts and accessories for articles of heading no. 9015 increased by 63% to 69 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of surveying equipment; parts and accessories for articles of heading no. 9015 skyrocketed to $6.4M in 2022. In general, exports saw a temperate expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic Republic8.818.95.22,983597.3%
Singapore6032111646703.6%
Malaysia890908814658-9.6%
South Korea3.50.3N/A441401.3%
BangladeshN/AN/AN/A3900%
Myanmar42.677.835830091.7%
Vietnam16153022.2116-10.4%
United Arab Emirates2,6511,1644.573.9-69.7%
Indonesia7.321.652.951.191.3%
Taiwan (Chinese)3.40.52054.27.3%
Others1,1921,5721,059685-16.9%
Total5,5634,5042,6846,3724.6%

Top Export Markets for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 from Thailand in 2022:

  1. Lao People's Democratic Republic (25.7 tons)
  2. Singapore (11.3 tons)
  3. Malaysia (10.8 tons)
  4. Myanmar (10.3 tons)
  5. South Korea (2.7 tons)
  6. Bangladesh (2.0 tons)
  7. Indonesia (1.9 tons)
  8. Vietnam (1.7 tons)
  9. United Arab Emirates (0.3 tons)
  10. Taiwan (Chinese) (0.2 tons)

Source: IndexBox Market Intelligence Platform

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