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Thailand - Gravel and Crushed Stone - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThailand: Market for Gravel and Crushed Stone 2024
Market Size for Gravel and Crushed Stone in Thailand
The Thai gravel and crushed stone market contracted to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption recorded a deep downturn. Gravel and crushed stone consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
Production of Gravel and Crushed Stone in Thailand
In value terms, gravel and crushed stone production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.
Exports of Gravel and Crushed Stone
Exports from Thailand
For the third year in a row, Thailand recorded growth in overseas shipments of gravel and crushed stone, which increased by X% to X tons in 2022. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, gravel and crushed stone exports surged to $X in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Exports by Country
Singapore (X tons) was the main destination for gravel and crushed stone exports from Thailand, with a X% share of total exports. Moreover, gravel and crushed stone exports to Singapore exceeded the volume sent to the second major destination, Bangladesh (X tons), more than tenfold. The third position in this ranking was held by Malaysia (X tons), with less than X% share.
From 2012 to 2022, the average annual growth rate of volume to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and Malaysia (X% per year).
In value terms, Singapore ($X) remains the key foreign market for gravel and crushed stone exports from Thailand, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Singapore totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and Malaysia (X% per year).
Export Prices by Country
The average gravel and crushed stone export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($X per ton), while the average price for exports to Singapore ($X 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 Myanmar (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Gravel and Crushed Stone
Imports into Thailand
After seven years of growth, supplies from abroad of gravel and crushed stone decreased by X% to X tons in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at X tons in 2021, and then shrank in the following year.
In value terms, gravel and crushed stone imports fell to $X in 2022. Overall, imports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at $X in 2021, and then declined slightly in the following year.
Imports by Country
In 2022, Lao People's Democratic Republic (X tons) constituted the largest gravel and crushed stone supplier to Thailand, accounting for a X% share of total imports. Moreover, gravel and crushed stone imports from Lao People's Democratic Republic exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume from Lao People's Democratic Republic amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).
In value terms, Lao People's Democratic Republic ($X) constituted the largest supplier of gravel and crushed stone to Thailand, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Lao People's Democratic Republic amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).
Import Prices by Country
In 2022, the average gravel and crushed stone import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for gravel and crushed stone 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 08121210 - Gravel and pebbles of a kind used for concrete aggregates, f or road metalling or for railway or other ballast, shingle and flint
- Prodcom 08121230 - Crushed stone of a kind used for concrete aggregates, for road metalling or for railway or other ballast (excluding gravel, p ebbles, shingle and flint)
- Prodcom 08121250 - Granules, chippings and powder of marble
- Prodcom 08121290 - Granules, chippings and powder of travertine, ecaussine, granite, porphyry, basalt, sandstone and other monumental stone
- Prodcom 08121300 - Mixtures of slag and similar industrial waste products, w hether or not incorporating pebbles, gravel, shingle and flint for construction use
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
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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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