Thailand - Lead-Acid Accumulators For Starting Piston Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStarter Battery Price in Thailand - 2023
Contents:
- Starter Battery Price in Thailand (FOB) - 2022
- Starter Battery Price in Thailand (CIF) - 2022
- Starter Battery Exports in Thailand
- Starter Battery Imports in Thailand
Starter Battery Price in Thailand (FOB) - 2022
The average starter battery export price stood at $28 per unit in 2022, surging by 10% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 26%. As a result, the export price attained the peak level of $36 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($61 per unit), while the average price for exports to India ($6.4 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 Mali (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Starter Battery Price in Thailand (CIF) - 2022
In 2022, the average starter battery import price amounted to $12 per unit, declining by -11.7% against the previous year. In general, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 66%. The import price peaked at $29 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($26 per unit), while the price for China ($2.2 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 (-6.2%), while the prices for the other major suppliers experienced a decline.
Starter Battery Exports in Thailand
In 2022, shipments abroad of lead-acid accumulators for starting piston engines decreased by -4.2% to 7M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. Over the period under review, the exports hit record highs at 7.3M units in 2021, and then shrank slightly in the following year.
In value terms, starter battery exports rose rapidly to $198M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 7.6%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
Export of Starter Battery in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 34.8 | 31.5 | 23.9 | 40.6 | 5.3% |
Malaysia | 27.4 | 26.3 | 29.8 | 34.8 | 8.3% |
United Arab Emirates | 22.6 | 17.8 | 19.9 | 16.2 | -10.5% |
United States | 0.1 | 3.2 | 10.5 | 14.8 | 429.0% |
Mali | 10.2 | 13.3 | 14.4 | 13.3 | 9.2% |
Philippines | 12.2 | 7.9 | 11.0 | 10.9 | -3.7% |
Indonesia | 7.8 | 7.1 | 10.7 | 9.2 | 5.7% |
Lao People's Democratic Republic | 10.5 | 10.2 | 8.9 | 8.5 | -6.8% |
Vietnam | 8.8 | 5.4 | 5.7 | 6.9 | -7.8% |
Cambodia | 14.9 | 12.7 | 9.3 | 6.5 | -24.2% |
India | 1.9 | 4.0 | 6.8 | 3.4 | 21.4% |
Japan | 2.3 | 2.6 | 3.2 | 3.1 | 10.5% |
Kenya | 2.2 | 1.4 | 1.6 | 1.2 | -18.3% |
Others | 41.8 | 31.0 | 31.9 | 28.6 | -11.9% |
Total | 198 | 174 | 188 | 198 | 0.0% |
Top Export Markets for Starter Battery from Thailand in 2022:
- Malaysia (1433.0K units)
- United States (1098.6K units)
- Myanmar (668.6K units)
- India (529.0K units)
- Philippines (494.5K units)
- United Arab Emirates (464.3K units)
- Indonesia (345.7K units)
- Mali (229.2K units)
- Japan (218.2K units)
- Vietnam (193.6K units)
- Cambodia (156.4K units)
- Kenya (152.3K units)
- Lao People's Democratic Republic (145.2K units)
Starter Battery Imports in Thailand
For the fourth year in a row, Thailand recorded growth in overseas purchases of lead-acid accumulators for starting piston engines, which increased by 15% to 5.1M units in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 72%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, starter battery imports stood at $64M in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Starter Battery in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 11.3 | 15.6 | 17.5 | 25.0 | 30.3% |
India | 10.3 | 9.9 | 15.0 | 11.5 | 3.7% |
China | 2.0 | 4.3 | 3.1 | 5.3 | 38.4% |
Indonesia | 3.5 | 5.3 | 7.0 | 4.4 | 7.9% |
Taiwan (Chinese) | 0.4 | 1.1 | 1.6 | 2.1 | 73.8% |
United Arab Emirates | 15.2 | N/A | N/A | N/A | 0% |
Others | 11.6 | 16.9 | 18.8 | 15.5 | 10.1% |
Total | 54.2 | 53.2 | 63.0 | 63.9 | 5.6% |
Top Suppliers of Starter Battery to Thailand in 2022:
- China (2375.2K units)
- South Korea (1210.4K units)
- India (687.3K units)
- Indonesia (309.3K units)
- Taiwan (Chinese) (230.9K units)
This report provides an in-depth analysis of the starter battery 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 27202100 - Lead-acid accumulators for starting piston engines
- Prodcom 27202110 -
- Prodcom 27202120 -
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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