Thailand: Telephone Market 2024

Telephone Market Size in Thailand

The Thai telephone market declined significantly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption recorded a drastic downturn. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Telephone Production in Thailand

In value terms, telephone production contracted dramatically to $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep downturn. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Telephone Exports

Exports from Thailand

In 2022, overseas shipments of telephones and videophones were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, telephone exports expanded significantly to $X in 2022. In general, exports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Japan (X units) and South Korea (X units) were the main destinations of telephone exports from Thailand, with a combined X% share of total exports. The United Arab Emirates, India, Australia, Lao People's Democratic Republic, the Netherlands, Canada, Hong Kong SAR, Malaysia, Taiwan (Chinese) and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for telephones and videophones exports from Thailand, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total exports. It was followed by Lao People's Democratic Republic, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Lao People's Democratic Republic (X% per year).

Export Prices by Country

In 2022, the average telephone export price amounted to $X per unit, growing by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per unit), while the average price for exports to South Korea ($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 Lao People's Democratic Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Imports

Imports into Thailand

In 2022, supplies from abroad of telephones and videophones decreased by X% to X units, falling for the fourth consecutive year after three years of growth. In general, imports, however, showed a resilient increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, telephone imports dropped sharply to $X in 2022. Over the period under review, imports, however, posted slight growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest telephone supplier to Thailand, with a X% share of total imports. Moreover, telephone imports from China exceeded the figures recorded by the second-largest supplier, Lao People's Democratic Republic (X units), eightfold. Malaysia (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lao People's Democratic Republic (X% per year) and Malaysia (X% per year).

In value terms, China ($X), Lao People's Democratic Republic ($X) and Japan ($X) appeared to be the largest telephone suppliers to Thailand, with a combined X% share of total imports.

Lao People's Democratic Republic, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average telephone import price amounted to $X per unit, falling by X% against the previous year. Overall, the import price saw a pronounced descent. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lao People's Democratic Republic ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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