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Thailand - Lithium cells ans batteries - Market Analysis, Forecast, Size, Trends and Insights
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Lithium Battery Market Size in Thailand
In 2021, the Thai lithium battery market increased by 12% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, faced a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Lithium Battery Exports
Exports from Thailand
For the eighth consecutive year, Thailand recorded growth in shipments abroad of lithium cells ans batteries, which increased by 28% to X tons in 2021. Overall, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 96% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.
In value terms, lithium battery exports declined to $X in 2021. Over the period under review, exports recorded a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by 87% against the previous year. The exports peaked at $X in 2020, and then shrank in the following year.
Exports by Country
Poland (X tons), Japan (X tons) and Cambodia (X tons) were the main destinations of lithium battery exports from Thailand, together comprising 68% of total exports. These countries were followed by Taiwan (Chinese), the United States, China, Hong Kong SAR, the United Arab Emirates and Malaysia, which together accounted for a further 29%.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +207.8%), while the other leaders experienced more modest paces of growth.
In value terms, Japan ($X), Cambodia ($X) and Taiwan (Chinese) ($X) appeared to be the largest markets for lithium battery exported from Thailand worldwide, together comprising 67% of total exports.
In terms of the main countries of destination, Taiwan (Chinese), with a CAGR of +205.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average lithium battery export price amounted to $X per ton, shrinking by -28.1% against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 40% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Poland (less than $X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.
Lithium Battery Imports
Imports into Thailand
In 2021, supplies from abroad of lithium cells ans batteries increased by 15% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2017 with an increase of 82% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, lithium battery imports expanded sharply to $X in 2021. Over the period under review, imports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
China (X tons), Indonesia (X tons) and Israel (X tons) were the main suppliers of lithium battery imports to Thailand, with a combined 63% share of total imports. These countries were followed by Japan, the Czech Republic, France and the United States, which together accounted for a further 29%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +241.6%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($X), Indonesia ($X) and Japan ($X) appeared to be the largest lithium battery suppliers to Thailand, together comprising 78% of total imports. These countries were followed by Israel, the United States, the Czech Republic and France, which together accounted for a further 18%.
In terms of the main suppliers, the Czech Republic, with a CAGR of +183.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average lithium battery import price stood at $X per ton in 2021, which is down by -2.3% against the previous year. Overall, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 27% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the lithium battery market 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 27201150 -
- Prodcom 27201155 -
- Prodcom 27201160 -
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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