Thailand - Continuous-Action Elevators And Conveyors - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Continuous-Action Elevators And Conveyors - Market Analysis, Forecast, Size, Trends And Insights

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Price for Continuous-Action Elevators and Conveyors in Thailand - 2023

Contents:

  1. Price for Continuous-Action Elevators and Conveyors in Thailand (CIF) - 2022
  2. Price for Continuous-Action Elevators and Conveyors in Thailand (FOB) - 2022
  3. Imports of Continuous-Action Elevators and Conveyors in Thailand
  4. Exports of Continuous-Action Elevators and Conveyors in Thailand

Price for Continuous-Action Elevators and Conveyors in Thailand (CIF) - 2022

In 2022, the average continuous-action elevators and conveyors import price amounted to $11,850 per unit, jumping by 139% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 197% against the previous year. Over the period under review, average import prices reached the maximum at $30,395 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Germany ($65,695 per unit), while the price for Hungary ($68 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Continuous-Action Elevators and Conveyors in Thailand (FOB) - 2022

The average continuous-action elevators and conveyors export price stood at $4,273 per unit in 2022, which is down by -17.5% against the previous year. In general, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2016 when the average export price increased by 42% against the previous year. The export price peaked at $21,337 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($29,480 per unit), while the average price for exports to Morocco ($52 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 the Philippines (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Continuous-Action Elevators and Conveyors in Thailand

In 2022, supplies from abroad of continuous-action elevators and conveyors decreased by -62.3% to 20K units, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 744%. As a result, imports reached the peak of 142K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, continuous-action elevators and conveyors imports contracted to $240M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of $266M, and then contracted in the following year.

Import of Continuous-Action Elevators and Conveyors in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China74.612315211013.8%
Germany16.214.819.927.519.3%
Malaysia11.14.38.411.61.5%
South Korea13.910.710.39.6-11.6%
United States5.04.35.28.217.9%
India1.22.42.41.814.5%
United Kingdom3.31.10.11.3-26.7%
France3.31.23.21.2-28.6%
Finland1.40.11.81.0-10.6%
Czech RepublicN/A0.20.70.441.4%
South AfricaN/AN/AN/A0.20%
Sweden0.60.30.20.1-45.0%
Others10474.561.366.6-13.8%
Total2342372662400.8%

Top Suppliers of Continuous-Action Elevators and Conveyors to Thailand in 2022:

  1. Malaysia (5.8K units)
  2. China (2.5K units)
  3. France (1.9K units)
  4. Finland (1.3K units)
  5. United Kingdom (1.3K units)
  6. United States (1.2K units)
  7. South Korea (1.0K units)
  8. Sweden (0.9K units)
  9. South Africa (0.8K units)
  10. India (0.8K units)
  11. Czech Republic (0.5K units)
  12. Germany (0.4K units)

Exports of Continuous-Action Elevators and Conveyors in Thailand

In 2022, shipments abroad of continuous-action elevators and conveyors decreased by -11.1% to 9.2K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 131% against the previous year. The exports peaked at 10K units in 2021, and then reduced in the following year.

In value terms, continuous-action elevators and conveyors exports declined sharply to $39M in 2022. In general, exports saw a pronounced downturn. The growth pace was the most rapid in 2020 when exports increased by 20%. Over the period under review, the exports hit record highs at $53M in 2021, and then contracted markedly in the following year.

Export of Continuous-Action Elevators and Conveyors in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A1.60.76.4100.0%
Vietnam4.76.710.75.76.6%
Japan5.314.56.14.1-8.2%
Philippines1.40.55.23.231.7%
Indonesia2.51.94.13.17.4%
South Korea0.70.92.13.164.2%
China7.46.04.53.0-26.0%
Malaysia2.62.31.82.5-1.3%
Cambodia0.50.50.81.750.4%
NigeriaN/AN/AN/A0.10%
MoroccoN/AN/AN/AN/A0%
Others16.715.117.56.1-28.5%
Total41.850.153.439.1-2.2%

Top Export Markets for Continuous-Action Elevators and Conveyors from Thailand in 2022:

  1. Indonesia (1904.0 units)
  2. Vietnam (1847.0 units)
  3. Japan (1394.0 units)
  4. United States (872.0 units)
  5. Malaysia (490.0 units)
  6. China (475.0 units)
  7. Cambodia (360.0 units)
  8. South Korea (307.0 units)
  9. Nigeria (306.0 units)
  10. Morocco (204.0 units)
  11. Philippines (193.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for continuous-action elevators and conveyors 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 28221740 - Pneumatic elevators and conveyors
  • Prodcom 28221750 - Bucket type continuous-action elevators and conveyors for goods or materials
  • Prodcom 28221770 - Belt type continuous-action elevators and conveyors for goods or materials
  • Prodcom 28221793 - Roller conveyors for goods or materials (excluding pneumatic elevators and conveyors, those specially designed for use underground, bucket type, belt type)
  • Prodcom 28221795 - Continuous-action elevators or conveyors for goods or materials (excluding pneumatic elevators or conveyors, those designed for use underground, bucket type, belt type, roller conveyors)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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