Price for Baby Carriages and Parts Thereof in Thailand - 2023

Contents:

  1. Price for Baby Carriages and Parts Thereof in Thailand (CIF) - 2023
  2. Price for Baby Carriages and Parts Thereof in Thailand (FOB) - 2022
  3. Imports of Baby Carriages and Parts Thereof in Thailand
  4. Exports of Baby Carriages and Parts Thereof in Thailand

Price for Baby Carriages and Parts Thereof in Thailand (CIF) - 2023

In August 2023, the average import price for baby carriages and parts thereoves amounted to $12.1 per unit, with a decrease of -36% against the previous month. Overall, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in September 2022 an increase of 29% month-to-month. As a result, import price attained the peak level of $23.5 per unit. From October 2022 to August 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($12.7 per unit), while the price for Japan totaled $6.3 per unit.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.6%).

Price for Baby Carriages and Parts Thereof in Thailand (FOB) - 2022

The average export price for baby carriages and parts thereoves stood at $17 per unit in 2022, with an increase of 2.8% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 an increase of 48%. The export price peaked at $84 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($59 per unit), while the average price for exports to Fiji ($12 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 Fiji (+62.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Baby Carriages and Parts Thereof in Thailand

In 2022, after three years of growth, there was significant decline in purchases abroad of baby carriages and parts thereoves, when their volume decreased by -17.6% to 346K units. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 14%. As a result, imports attained the peak of 420K units, and then contracted dramatically in the following year.

In value terms, baby carriages and parts thereof imports skyrocketed to $6.5M in 2022. Overall, imports saw a deep reduction. Over the period under review, imports reached the peak figure at $7.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Baby Carriages and Parts Thereof in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.16.34.96.0-5.5%
Japan0.40.40.40.40.0%
Others0.30.10.10.2-12.6%
Total7.86.85.46.5-5.9%

Top Suppliers of Baby Carriages and Parts Thereof to Thailand in 2022:

  1. China (339.9K units)
  2. Japan (4.7K units)

Exports of Baby Carriages and Parts Thereof in Thailand

In 2022, approx. 4.2K units of baby carriages and parts thereoves were exported from Thailand; approximately mirroring 2021. In general, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 96% against the previous year. Over the period under review, the exports reached the peak figure at 5.5K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, baby carriages and parts thereof exports expanded to $70K in 2022. Overall, exports faced a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year. The exports peaked at $156K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Baby Carriages and Parts Thereof in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar44.07.125.639.5-3.5%
Cambodia84.537.028.711.2-49.0%
Australia3.65.03.55.112.3%
FijiN/AN/A0.24.32050.0%
Lao People's Democratic Republic3.63.63.33.5-0.9%
Others20.18.57.06.2-32.4%
Total15661.168.369.7-23.6%

Top Export Markets for Baby Carriages and Parts Thereof from Thailand in 2022:

  1. Myanmar (3187.0 units)
  2. Fiji (360.0 units)
  3. Cambodia (234.0 units)
  4. Australia (187.0 units)
  5. Lao People's Democratic Republic (74.0 units)

Source: IndexBox Market Intelligence Platform

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