Thailand - Boards, Consoles, Etc. Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Electrical Board and Console in Thailand - 2023
Contents:
- Price for Electrical Board and Console in Thailand (FOB) - 2023
- Price for Electrical Board and Console in Thailand (CIF) - 2022
- Exports of Electrical Board and Console in Thailand
- Imports of Electrical Board and Console in Thailand
Price for Electrical Board and Console in Thailand (FOB) - 2023
The average electrical board and console export price stood at $733 per unit in September 2023, remaining stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in June 2023 an increase of 23% m-o-m. As a result, the export price reached the peak level of $908 per unit. From July 2023 to September 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Singapore ($3,569 per unit), while the average price for exports to South Africa ($140 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Board and Console in Thailand (CIF) - 2022
The average electrical board and console import price stood at $418 per unit in 2022, surging by 5.3% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 an increase of 29%. The import price peaked at $768 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 the United States ($2,845 per unit), while the price for Indonesia ($223 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Board and Console in Thailand
In 2022, the amount of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v exported from Thailand shrank sharply to 331K units, declining by -22.2% against the previous year. In general, exports continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 19%. As a result, the exports attained the peak of 425K units, and then shrank dramatically in the following year.
In value terms, electrical board and console exports dropped modestly to $234M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, the exports attained the peak of $238M, and then fell modestly in the following year.
Export of Electrical Board and Console in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 28.3 | 37.5 | 53.5 | 56.5 | 25.9% |
Singapore | 26.4 | 30.7 | 38.5 | 48.6 | 22.6% |
Hong Kong SAR | 1.1 | 8.1 | 19.9 | 27.0 | 190.6% |
Germany | 7.0 | 8.8 | 20.7 | 26.7 | 56.2% |
Australia | 8.2 | 5.0 | 12.3 | 13.5 | 18.1% |
France | 0.1 | 1.0 | 2.2 | 7.6 | 323.6% |
United Kingdom | N/A | 0.5 | 1.3 | 4.8 | 209.8% |
Japan | 27.9 | 22.6 | 10.7 | 3.8 | -48.5% |
Slovakia | N/A | 1.4 | 1.6 | 3.5 | 58.1% |
South Africa | 0.1 | N/A | 1.7 | 2.6 | 196.2% |
Malaysia | 4.3 | 3.6 | 3.8 | 2.4 | -17.7% |
Portugal | 0.1 | N/A | 1.0 | 1.8 | 162.1% |
Turkey | 13.9 | 24.6 | 25.9 | 0.1 | -80.7% |
Others | 32.7 | 40.8 | 45.2 | 35.2 | 2.5% |
Total | 150 | 185 | 238 | 234 | 16.0% |
Top Export Markets for Electrical Board and Console from Thailand in 2022:
- United States (63.3K units)
- Australia (61.8K units)
- Germany (50.3K units)
- Hong Kong SAR (36.9K units)
- Singapore (24.4K units)
- France (10.6K units)
- Japan (9.8K units)
- Malaysia (8.3K units)
- South Africa (7.9K units)
- Slovakia (6.7K units)
- United Kingdom (5.2K units)
- Portugal (5.1K units)
- Turkey (0.3K units)
Imports of Electrical Board and Console in Thailand
In 2022, approx. 363K units of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v were imported into Thailand; declining by -5.2% compared with the previous year. Overall, imports continue to indicate a abrupt curtailment. Imports peaked at 473K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electrical board and console imports contracted slightly to $152M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 11%. As a result, imports attained the peak of $159M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Electrical Board and Console in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 31.2 | 38.7 | 41.8 | 43.8 | 12.0% |
Germany | 35.6 | 33.1 | 30.2 | 24.8 | -11.4% |
Switzerland | 0.3 | 4.7 | 2.9 | 18.5 | 295.1% |
Japan | 20.0 | 13.7 | 29.5 | 13.2 | -12.9% |
Sweden | 0.2 | 0.2 | 1.0 | 6.2 | 214.1% |
Indonesia | 7.8 | 10.6 | 5.2 | 5.1 | -13.2% |
France | 2.1 | 2.8 | 4.0 | 4.8 | 31.7% |
Czech Republic | 0.4 | 4.9 | 1.4 | 4.6 | 125.7% |
Malaysia | 10.6 | 6.0 | 4.6 | 2.2 | -40.8% |
South Korea | 2.2 | 5.5 | 4.4 | 1.1 | -20.6% |
Others | 33.0 | 38.4 | 27.1 | 27.5 | -5.9% |
Total | 143 | 159 | 152 | 152 | 2.1% |
Top Suppliers of Electrical Board and Console to Thailand in 2022:
- China (162.0K units)
- Germany (49.6K units)
- Switzerland (45.7K units)
- Indonesia (22.7K units)
- Czech Republic (13.8K units)
- Japan (13.5K units)
- France (9.1K units)
- Sweden (7.3K units)
- Malaysia (4.1K units)
- South Korea (3.6K units)
This report provides an in-depth analysis of the market for electrical board and console 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 27123203 - Numerical control panels, 1 .000 V < voltage . .72,5 kV
- Prodcom 27123205 - Numerical control panels, voltage > .72,5 kV
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
-
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
This report provides an in-depth analysis of the market for electrical board and console in Thailand.
This report provides an in-depth analysis of the global market for electrical board and console.
This report provides an in-depth analysis of the market for electrical board and console in Thailand.
This report provides an in-depth analysis of the global market for electrical board and console.
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...