Price for Textile Machinery; Spinning Machines in Thailand - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in Thailand (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in Thailand (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in Thailand
- Exports of Textile Machinery; Spinning Machines in Thailand
Price for Textile Machinery; Spinning Machines in Thailand (CIF) - 2022
In 2022, the average textile machinery; spinning machines import price amounted to $7,066 per unit, declining by -19.4% against the previous year. In general, the import price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 544% against the previous year. As a result, import price reached the peak level of $38,034 per unit. From 2021 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 India ($19,129 per unit), while the price for China ($2,718 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Machinery; Spinning Machines in Thailand (FOB) - 2022
In 2022, the average textile machinery; spinning machines export price amounted to $9,107 per unit, with a decrease of -49.7% against the previous year. Overall, the export price, however, enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2020 an increase of 36% against the previous year. The export price peaked at $18,113 per unit in 2021, and then reduced notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($27,140 per unit), while the average price for exports to Sweden ($32 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 Indonesia (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Machinery; Spinning Machines in Thailand
For the fourth year in a row, Thailand recorded growth in supplies from abroad of textile machinery; spinning machineses, which increased by 28% to 4.7K units in 2022. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 1,108%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, textile machinery; spinning machines imports expanded modestly to $33M in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,042% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Textile Machinery; Spinning Machines in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.6 | 0.3 | 30.3 | 18.2 | 211.9% |
| India | N/A | N/A | N/A | 6.2 | 0% |
| China | 0.1 | 0.1 | 1.2 | 6.2 | 295.8% |
| Germany | 0.1 | 0.4 | N/A | 1.8 | 162.1% |
| Austria | N/A | 10.6 | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | 0.6 | 0.9 | 65.1% |
| Total | 1.0 | 11.5 | 32.1 | 33.2 | 221.4% |
Top Suppliers of Textile Machinery; Spinning Machines to Thailand in 2022:
- China (2282.0 units)
- Japan (1681.0 units)
- Germany (399.0 units)
- India (324.0 units)
Exports of Textile Machinery; Spinning Machines in Thailand
Textile machinery; spinning machines exports from Thailand dropped dramatically to 75 units in 2022, with a decrease of -48.3% on the year before. In general, exports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 21%. The exports peaked at 155 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, textile machinery; spinning machines exports declined rapidly to $683K in 2022. Over the period under review, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 57%. As a result, the exports attained the peak of $2.6M, and then contracted markedly in the following year.
| Export of Textile Machinery; Spinning Machines in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 50.6 | 48.0 | N/A | 217 | 62.5% |
| India | 203 | 73.3 | 55.0 | 161 | -7.4% |
| United Arab Emirates | N/A | N/A | 49.8 | 102 | 104.8% |
| Pakistan | 716 | 1,034 | 2,341 | 70.6 | -53.8% |
| Bangladesh | 256 | 430 | 129 | 36.0 | -48.0% |
| Guatemala | N/A | N/A | N/A | 24.1 | 0% |
| Sweden | N/A | N/A | N/A | 0.6 | 0% |
| South Korea | N/A | 9.8 | N/A | N/A | 0% |
| China | N/A | 44.2 | N/A | N/A | 0% |
| Vietnam | 247 | N/A | N/A | N/A | 0% |
| Egypt | 32.6 | N/A | 8.9 | N/A | -47.8% |
| Others | 81.2 | 29.9 | 42.4 | 71.4 | -4.2% |
| Total | 1,586 | 1,669 | 2,626 | 683 | -24.5% |
Top Export Markets for Textile Machinery; Spinning Machines from Thailand in 2022:
- United Arab Emirates (18.0 units)
- Sweden (18.0 units)
- India (13.0 units)
- Guatemala (9.0 units)
- Indonesia (8.0 units)
- Bangladesh (5.0 units)
- Pakistan (3.0 units)
- South Korea (1.0 units)
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