Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Thailand - 2024

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Thailand (CIF) - 2022
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Thailand (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Thailand
  4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Thailand

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Thailand (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $8,942 per ton, falling by -14.8% against the previous year. Over the period under review, the import price saw a noticeable downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by 23% against the previous year. As a result, import price reached the peak level of $15,725 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($19,929 per ton), while the price for Malaysia ($6,574 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Thailand (FOB) - 2022

In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $2,488 per ton, shrinking by -4.7% against the previous year. Over the period under review, the export price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2013 an increase of 62% against the previous year. The export price peaked at $8,033 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($11,079 per ton), while the average price for exports to Taiwan (Chinese) ($793 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Thailand

For the fourth consecutive year, Thailand recorded growth in purchases abroad of machinery; parts of machinery for making or finishing paper or paperboard, which increased by 84% to 6K tons in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard soared to $53M in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.86.610.834.3130.5%
Taiwan (Chinese)2.01.20.73.924.9%
South Korea3.23.63.02.9-3.2%
Finland2.61.82.82.4-2.6%
Vietnam5.02.00.82.0-26.3%
Germany2.42.21.71.2-20.6%
Japan1.51.31.30.8-18.9%
MalaysiaN/A0.52.00.826.5%
Others7.55.011.05.1-12.1%
Total27.024.234.053.325.4%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Thailand in 2022:

  1. China (4531.8 tons)
  2. South Korea (346.1 tons)
  3. Vietnam (220.3 tons)
  4. Taiwan (Chinese) (205.7 tons)
  5. Malaysia (119.2 tons)
  6. Japan (91.5 tons)
  7. Finland (84.4 tons)
  8. Germany (60.8 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Thailand

In 2022, the amount of machinery; parts of machinery for making or finishing paper or paperboard exported from Thailand reduced to 1.4K tons, dropping by -12.7% on 2021. Over the period under review, total exports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 79% against the previous year. As a result, the exports attained the peak of 1.7K tons, and then contracted in the following year.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard shrank rapidly to $3.6M in 2022. Overall, exports faced a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 36% against the previous year.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic Republic11237.84331,022109.0%
Vietnam8965591,030787-4.2%
South Korea758274360425-17.5%
Malaysia22213526340322.0%
Australia64.184.510518943.4%
India39353.8218163-25.4%
Philippines19424528499.6-19.9%
Indonesia40446.323024.7-60.6%
Others2,6061,7301,389475-43.3%
Total5,6503,1654,3133,588-14.0%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Thailand in 2022:

  1. Vietnam (530.0 tons)
  2. Lao People's Democratic Republic (458.1 tons)
  3. South Korea (137.7 tons)
  4. Malaysia (131.8 tons)
  5. Australia (58.7 tons)
  6. India (32.4 tons)
  7. Philippines (22.8 tons)
  8. Indonesia (14.3 tons)

Source: IndexBox Market Intelligence Platform

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