Report Update: May 1, 2024

Thailand - Endless Bands For Machinery, Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights

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Endless Machinery Band Price in Thailand - 2023

Endless Machinery Band Price in Thailand (CIF) - 2022

The average endless machinery band import price stood at $13 per square meter in 2022, with an increase of 13% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of 79% against the previous year. The import price peaked at $23 per square meter in 2012; however, from 2013 to 2022, 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 ($52 per square meter), while the price for Italy ($7.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Endless Machinery Band Price in Thailand (FOB) - 2023

The average endless machinery band export price stood at $15.4 per square meter in September 2023, surging by 13% against the previous month. In general, the export price posted a slight expansion. The pace of growth was the most pronounced in May 2023 when the average export price increased by 423% against the previous month. The export price peaked at $15.8 per square meter in February 2023; however, from March 2023 to September 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Burundi ($18.1 per square meter), while the average price for exports to Kiribati ($933 per thousand square meters) 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 Myanmar (+134.0%), while the prices for the other major destinations experienced more modest paces of growth.

Endless Machinery Band Imports in Thailand

After three years of growth, supplies from abroad of endless bands for machinery, of stainless steel decreased by -5.2% to 86K square meters in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 57%. Imports peaked at 90K square meters in 2021, and then dropped in the following year.

In value terms, endless machinery band imports expanded significantly to $1.1M in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Endless Machinery Band in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	105	121	137	286	39.7%
China	149	140	220	254	19.5%
United States	6.2	73.7	216	187	211.3%
Germany	124	104	61.3	121	-0.8%
India	N/A	24.0	74.8	91.4	95.1%
United Kingdom	33.8	76.8	61.5	74.9	30.4%
South Korea	56.0	73.6	48.8	28.5	-20.2%
Taiwan (Chinese)	15.6	14.1	53.2	28.1	21.7%
Netherlands	6.8	25.1	89.6	26.1	56.6%
Italy	5.1	7.9	73.6	25.6	71.2%
Others	12.6	21.9	29.9	15.6	7.4%
Total	513	683	1,065	1,138	30.4%

Top Suppliers of Endless Machinery Band to Thailand in 2022:

China (28.7K square meters)
Japan (23.8K square meters)
United States (11.4K square meters)
United Kingdom (4.6K square meters)
Italy (3.6K square meters)
India (3.3K square meters)
South Korea (3.0K square meters)
Taiwan (Chinese) (2.8K square meters)
Germany (2.3K square meters)
Netherlands (1.7K square meters)

Endless Machinery Band Exports in Thailand

After three years of growth, overseas shipments of endless bands for machinery, of stainless steel decreased by -0.5% to 49K square meters in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 177%. Over the period under review, the exports hit record highs at 49K square meters in 2021, and then reduced modestly in the following year.

In value terms, endless machinery band exports soared to $443K in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 86% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Endless Machinery Band in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Lao People's Democratic Republic	176	328	323	407	32.2%
Myanmar	N/A	1.8	N/A	18.4	219.7%
United Kingdom	N/A	N/A	N/A	11.3	0%
Others	4.4	4.3	22.1	7.2	17.8%
Total	180	334	345	443	35.0%

Top Export Markets for Endless Machinery Band from Thailand in 2022:

Lao People's Democratic Republic (45.4K square meters)
Myanmar (1.8K square meters)
United Kingdom (1.5K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the endless machinery band 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 25931313 - Endless bands for machinery, of stainless steel

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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