Thailand - Clutches And Shaft Couplings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShaft Coupling Price in Thailand - 2023
Contents:
- Shaft Coupling Price in Thailand (CIF) - 2022
- Shaft Coupling Price in Thailand (FOB) - 2023
- Shaft Coupling Imports in Thailand
- Shaft Coupling Exports in Thailand
Shaft Coupling Price in Thailand (CIF) - 2022
In 2022, the average shaft coupling import price amounted to $20,422 per ton, declining by -14.1% against the previous year. In general, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 59% against the previous year. Over the period under review, average import prices hit record highs at $30,194 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 ($65,612 per ton), while the price for Indonesia ($6,404 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.1%), while the prices for the other major suppliers experienced a decline.
Shaft Coupling Price in Thailand (FOB) - 2023
The average shaft coupling export price stood at $4,587 per ton in September 2023, with an increase of 2.5% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 46% against the previous month. The export price peaked at $7,203 per ton in July 2023; however, from August 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Argentina ($28,081 per ton), while the average price for exports to Mexico ($797 per ton) 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 Indonesia (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Shaft Coupling Imports in Thailand
After three years of growth, purchases abroad of clutches and shaft couplings decreased by -6.6% to 3.3K tons in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 25%.
In value terms, shaft coupling imports shrank dramatically to $67M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports attained the peak of $84M, and then reduced sharply in the following year.
Import of Shaft Coupling in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 29.5 | 39.1 | 46.2 | 34.9 | 5.8% |
Japan | 13.1 | 9.6 | 13.0 | 10.3 | -7.7% |
Italy | 4.8 | 4.5 | 6.9 | 6.1 | 8.3% |
Germany | 3.3 | 3.9 | 3.9 | 4.0 | 6.6% |
United States | 3.0 | 3.0 | 3.9 | 1.9 | -14.1% |
Sweden | 1.8 | 1.9 | 1.9 | 1.8 | 0.0% |
Malaysia | 1.0 | 1.0 | 1.0 | 1.5 | 14.5% |
South Korea | 2.1 | 1.1 | 1.0 | 1.1 | -19.4% |
Indonesia | 0.8 | 0.4 | 0.8 | 1.0 | 7.7% |
Taiwan (Chinese) | 0.8 | 0.7 | 0.7 | 0.6 | -9.1% |
Others | 2.8 | 4.6 | 4.6 | 4.2 | 14.5% |
Total | 63.0 | 69.8 | 84.0 | 67.4 | 2.3% |
Top Suppliers of Shaft Coupling to Thailand in 2022:
- China (1258.1 tons)
- Germany (614.4 tons)
- Japan (442.9 tons)
- Italy (368.0 tons)
- Indonesia (154.2 tons)
- Taiwan (Chinese) (86.1 tons)
- Sweden (72.0 tons)
- Malaysia (64.2 tons)
- South Korea (47.3 tons)
- United States (29.1 tons)
Shaft Coupling Exports in Thailand
For the fourth year in a row, Thailand recorded growth in shipments abroad of clutches and shaft couplings, which increased by 2.1% to 2.1K tons in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, shaft coupling exports contracted to $22M in 2022. In general, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 6.3% against the previous year.
Export of Shaft Coupling in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 9.2 | 9.2 | 3.6 | 3.7 | -26.2% |
Argentina | 2.2 | 2.1 | 3.2 | 3.5 | 16.7% |
Indonesia | 4.8 | 2.6 | 4.0 | 3.3 | -11.7% |
India | 3.1 | 2.9 | 4.3 | 3.1 | 0.0% |
China | 0.9 | 1.4 | 4.2 | 2.5 | 40.6% |
Mexico | 1.4 | 1.3 | 1.6 | 1.6 | 4.6% |
Japan | 2.1 | 1.9 | 1.5 | 1.3 | -14.8% |
Others | 4.1 | 2.9 | 3.4 | 3.3 | -7.0% |
Total | 27.8 | 24.3 | 25.8 | 22.4 | -6.9% |
Top Export Markets for Shaft Coupling from Thailand in 2022:
- India (476.3 tons)
- Malaysia (352.9 tons)
- Indonesia (338.0 tons)
- China (274.0 tons)
- Argentina (212.9 tons)
- Japan (114.8 tons)
- Mexico (87.6 tons)
This report provides an in-depth analysis of the shaft coupling market 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 28152600 - Clutches and shaft couplings (including universal joints)
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
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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
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