Thailand: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Thailand

The Thai straw for fodder balers market totaled $X in 2022, flattening at the previous year. In general, consumption showed a resilient increase. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Production of Straw Or Fodder Balers, Including Pickup Balers in Thailand

In value terms, straw for fodder balers production stood at $X in 2022 estimated in export price. Overall, production posted a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports from Thailand

In 2022, the amount of straw or fodder balers, including pickup balers exported from Thailand soared to X units, with an increase of X% on 2021. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, straw for fodder balers exports soared to $X in 2022. Over the period under review, exports continue to indicate a modest expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Lao People's Democratic Republic (X units), Myanmar (X units) and Togo (X units) were the main destinations of straw for fodder balers exports from Thailand, with a combined X% share of total exports. Kenya and Cambodia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Kenya (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for straw for fodder balers exported from Thailand were Lao People's Democratic Republic ($X), Myanmar ($X) and Togo ($X), with a combined X% share of total exports. Cambodia and Kenya lagged somewhat behind, together accounting for a further X%.

Kenya, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average straw for fodder balers export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($X per unit), while the average price for exports to Kenya ($X 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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports into Thailand

In 2022, purchases abroad of straw or fodder balers, including pickup balers increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, straw for fodder balers imports declined remarkably to $X in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

In 2022, Japan (X units) constituted the largest straw for fodder balers supplier to Thailand, accounting for a X% share of total imports. Moreover, straw for fodder balers imports from Japan exceeded the figures recorded by the second-largest supplier, the UK (X units), eightfold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and China (X% per year).

In value terms, Japan ($X) constituted the largest supplier of straw or fodder balers, including pickup balers to Thailand, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Japan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the UK (X% per year).

Import Prices by Country

The average straw for fodder balers import price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price faced a abrupt decline. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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