Report Update: Apr 1, 2024

Thailand - Personal Weighing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Personal Weighing Machine Price in Thailand - 2023

Personal Weighing Machine Price in Thailand (CIF) - 2023

The average personal weighing machine import price stood at $16.4 per unit in September 2023, surging by 87% against the previous month. In general, the import price enjoyed measured growth. Over the period under review, average import prices hit record highs at $16.7 per unit in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to +3.7% per month.

Personal Weighing Machine Price in Thailand (FOB) - 2022

In 2022, the average personal weighing machine export price amounted to $20 per unit, falling by -44.3% against the previous year. In general, the export price, however, enjoyed temperate growth. The pace of growth was the most pronounced in 2021 an increase of 130% against the previous year. As a result, the export price reached the peak level of $36 per unit, and then dropped sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($36 per unit), while the average price for exports to Malaysia ($5 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 Hong Kong SAR (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Weighing Machine Imports in Thailand

Personal weighing machine imports into Thailand contracted notably to 433K units in 2022, which is down by -58.4% on the previous year. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 80%. As a result, imports reached the peak of 1M units, and then declined markedly in the following year.

In value terms, personal weighing machine imports declined rapidly to $4.3M in 2022. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of $7.6M, and then reduced remarkably in the following year.

Import of Personal Weighing Machine in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	4.7	4.0	6.8	3.7	-7.7%
Others	0.8	1.1	0.8	0.6	-9.1%
Total	5.4	5.2	7.6	4.3	-7.3%

Top Suppliers of Personal Weighing Machine to Thailand in 2022:

China (429.6K units)

Personal Weighing Machine Exports in Thailand

After three years of growth, overseas shipments of personal weighing machines decreased by -49% to 5.3K units in 2022. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year. The exports peaked at 10K units in 2021, and then declined sharply in the following year.

In value terms, personal weighing machine exports fell significantly to $107K in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 154%. As a result, the exports reached the peak of $378K, and then dropped significantly in the following year.

Export of Personal Weighing Machine in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Myanmar	16.2	72.6	124	59.8	54.5%
Cambodia	26.9	19.2	9.5	12.3	-23.0%
Maldives	19.7	0.8	0.5	10.5	-18.9%
Japan	4.9	3.0	2.9	8.0	17.8%
Lao People's Democratic Republic	43.7	9.7	217	2.4	-62.0%
Vietnam	0.7	7.2	10.8	2.2	46.5%
Indonesia	0.1	N/A	N/A	1.2	128.9%
France	N/A	N/A	N/A	0.5	0%
Hong Kong SAR	N/A	11.3	N/A	0.2	-86.7%
Nigeria	15.8	N/A	N/A	N/A	0%
Malaysia	3.4	8.8	0.5	N/A	-61.7%
Others	19.0	15.9	13.5	10.4	-18.2%
Total	150	149	378	107	-10.6%

Top Export Markets for Personal Weighing Machine from Thailand in 2022:

Myanmar (3540.0 units)
Maldives (585.0 units)
Cambodia (342.0 units)
Japan (298.0 units)
Indonesia (138.0 units)
Vietnam (96.0 units)
France (92.0 units)
Lao People's Democratic Republic (74.0 units)
Hong Kong SAR (13.0 units)
Malaysia (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the personal weighing 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 28293200 - Personal weighing machines, including baby scales, h ousehold scales

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