Price for Machines; Parts and Accessories, of Heading No. 8472 in Thailand - 2024
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Thailand (CIF) - 2022
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Thailand (FOB) - 2024
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Thailand
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in Thailand
Price for Machines; Parts and Accessories, of Heading No. 8472 in Thailand (CIF) - 2022
The average import price for machines; parts and accessories, of heading no. 8472 stood at $54,736 per ton in 2022, flattening at the previous year. Overall, the import price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 an increase of 28% against the previous year. Over the period under review, average import prices attained the peak figure at $111,342 per ton in 2014; however, from 2015 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 South Korea ($179,903 per ton), while the price for India ($40,768 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines; Parts and Accessories, of Heading No. 8472 in Thailand (FOB) - 2024
In January 2024, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $42,034 per ton, falling by -17% against the previous month. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in October 2023 an increase of 49% against the previous month. The export price peaked at $107K per ton in April 2023; however, from May 2023 to January 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($101K per ton), while the average price for exports to Malaysia ($19,113 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Thailand
Imports of machines; parts and accessories, of heading no. 8472 into Thailand skyrocketed to 306 tons in 2022, rising by 72% against the previous year's figure. In general, imports continue to indicate a resilient expansion.
In value terms, imports of machines; parts and accessories, of heading no. 8472 soared to $17M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.5 | 9.8 | 4.9 | 11.3 | 14.6% |
| Japan | 2.5 | 1.8 | 1.8 | 1.2 | -21.7% |
| Taiwan (Chinese) | 0.1 | N/A | N/A | 0.7 | 91.3% |
| Germany | 0.6 | 1.8 | 1.0 | 0.7 | 5.3% |
| Malaysia | 0.7 | 0.6 | 0.3 | 0.6 | -5.0% |
| India | 0.3 | 0.2 | 0.1 | 0.5 | 18.6% |
| Others | 1.5 | 1.7 | 1.7 | 1.8 | 6.3% |
| Total | 13.1 | 16.0 | 9.8 | 16.7 | 8.4% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Thailand in 2022:
- China (237.7 tons)
- Japan (19.0 tons)
- India (12.7 tons)
- Taiwan (Chinese) (8.0 tons)
- Malaysia (7.9 tons)
- Germany (5.9 tons)
Exports of Machines; Parts and Accessories, of Heading No. 8472 in Thailand
For the third consecutive year, Thailand recorded decline in shipments abroad of machines; parts and accessories, of heading no. 8472, which decreased by -12.8% to 85 tons in 2022. Over the period under review, exports faced a deep setback. The smallest decline of -2.4% was in 2020.
In value terms, exports of machines; parts and accessories, of heading no. 8472 contracted to $8.6M in 2022. Overall, exports showed a abrupt curtailment. The smallest decline of -7.4% was in 2021.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,212 | 3,679 | 1,565 | 3,003 | -2.2% |
| Japan | 3,034 | 1,795 | 1,734 | 1,935 | -13.9% |
| South Korea | 1,562 | 513 | 1,523 | 1,630 | 1.4% |
| Lao People's Democratic Republic | 394 | 163 | 82.0 | 438 | 3.6% |
| Germany | 377 | 434 | 347 | 312 | -6.1% |
| Singapore | 395 | 358 | 309 | 242 | -15.1% |
| United States | 1,032 | 274 | 237 | 213 | -40.9% |
| India | 121 | 73.8 | 59.6 | 123 | 0.5% |
| Hong Kong SAR | 1,390 | 1,725 | 3,136 | 123 | -55.4% |
| Philippines | 230 | 144 | 41.2 | 108 | -22.3% |
| France | 41.0 | 35.4 | 41.7 | 68.8 | 18.8% |
| Malaysia | 94.6 | 19.8 | 42.6 | 42.5 | -23.4% |
| Mexico | 1,267 | 397 | 7.8 | 7.9 | -81.6% |
| Others | 607 | 621 | 348 | 326 | -18.7% |
| Total | 13,755 | 10,234 | 9,473 | 8,573 | -14.6% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Thailand in 2022:
- Japan (29.8 tons)
- China (17.6 tons)
- Lao People's Democratic Republic (7.0 tons)
- Singapore (4.8 tons)
- United States (4.6 tons)
- Germany (4.0 tons)
- India (3.4 tons)
- South Korea (2.5 tons)
- France (1.9 tons)
- Hong Kong SAR (1.9 tons)
- Philippines (1.5 tons)
- Malaysia (1.5 tons)
- Mexico (0.2 tons)
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This report provides an in-depth analysis of the computing machinery market in Thailand.
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This report provides an in-depth analysis of the global computing machinery market.
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