Thailand - Gear Cutting, Gear Grinding Or Gear Finishing Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Gear Cutting, Gear Grinding Or Gear Finishing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Gear Cutting Machine Price in Thailand - 2023

Contents:

  1. Gear Cutting Machine Price in Thailand (CIF) - 2022
  2. Gear Cutting Machine Price in Thailand (FOB) - 2022
  3. Gear Cutting Machine Imports in Thailand
  4. Gear Cutting Machine Exports in Thailand

Gear Cutting Machine Price in Thailand (CIF) - 2022

The average gear cutting machine import price stood at $14,533 per unit in 2022, picking up by 135% against the previous year. Overall, the import price, however, continues to indicate a noticeable contraction. Over the period under review, average import prices hit record highs at $21,149 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($31,706 per unit), while the price for China ($2,424 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Gear Cutting Machine Price in Thailand (FOB) - 2022

The average gear cutting machine export price stood at $4,073 per unit in 2022, reducing by -36.1% against the previous year. Over the period under review, the export price, however, showed a noticeable expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 174% against the previous year. As a result, the export price attained the peak level of $8,514 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($5,812 per unit), while the average price for exports to Cambodia ($567 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 Singapore (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Gear Cutting Machine Imports in Thailand

In 2022, supplies from abroad of gear cutting, gear grinding or gear finishing machines was finally on the rise to reach 784 units after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports attained the maximum at 971 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, gear cutting machine imports skyrocketed to $11M in 2022. Overall, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Gear Cutting Machine in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3.64.31.68.131.0%
United States0.10.90.32.4188.4%
China0.80.41.00.5-14.5%
Switzerland2.31.80.10.2-55.7%
SingaporeN/AN/AN/A0.10%
South Korea0.2N/AN/AN/A0%
Swaziland0.7N/AN/AN/A0%
Taiwan (Chinese)0.30.10.1N/A-42.3%
Others0.10.10.10.10.0%
Total8.17.63.211.412.1%

Top Suppliers of Gear Cutting Machine to Thailand in 2022:

  1. United States (281.0 units)
  2. Japan (255.0 units)
  3. China (186.0 units)
  4. Switzerland (30.0 units)
  5. Singapore (17.0 units)
  6. Taiwan (Chinese) (3.0 units)

Gear Cutting Machine Exports in Thailand

Gear cutting machine exports from Thailand skyrocketed to 178 units in 2022, growing by 192% against 2021 figures. Overall, exports saw a temperate expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, gear cutting machine exports soared to $726K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 185%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Gear Cutting Machine in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A3470%
JapanN/AN/A375232-38.1%
Singapore162N/AN/A137-5.4%
CambodiaN/AN/A0.13.02900.0%
South Korea25.6N/AN/AN/A0%
PhilippinesN/A6.9N/AN/A0%
Taiwan (Chinese)199N/AN/AN/A0%
Others4.913013.36.912.1%
Total39113638972622.9%

Top Export Markets for Gear Cutting Machine from Thailand in 2022:

  1. Malaysia (88.0 units)
  2. Japan (59.0 units)
  3. Singapore (24.0 units)
  4. Cambodia (5.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the gear cutting machine 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 28412430 - Gear cutting, gear grinding or gear finishing machines, for working metals, metal carbides or cermets (excluding planing, s lotting and broaching machines)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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