Thailand - Railway or Tramway Track Construction Material of Iron or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSteel Railway Material Price in Thailand - 2023
Contents:
- Steel Railway Material Price in Thailand (FOB) - 2022
- Steel Railway Material Price in Thailand (CIF) - 2022
- Steel Railway Material Exports in Thailand
- Steel Railway Material Imports in Thailand
Steel Railway Material Price in Thailand (FOB) - 2022
In 2022, the average steel railway material export price amounted to $809 per ton, declining by -67.9% against the previous year. Over the period under review, the export price faced a deep slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 43%. Over the period under review, the average export prices hit record highs at $2,575 per ton in 2012; however, from 2013 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 Indonesia ($4,974 per ton), while the average price for exports to Cambodia ($403 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 Malaysia (-0.3%), while the prices for the other major destinations experienced a decline.
Steel Railway Material Price in Thailand (CIF) - 2022
In 2022, the average steel railway material import price amounted to $1,680 per ton, declining by -8.7% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, steel railway material import price increased by +127.6% against 2016 indices. The pace of growth appeared the most rapid in 2019 an increase of 81% against the previous year. The import price peaked at $1,839 per ton in 2021, and then reduced in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($1,918 per ton), while the price for Luxembourg ($1,453 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Steel Railway Material Exports in Thailand
For the fourth year in a row, Thailand recorded growth in overseas shipments of railway material of steel, which increased by 121% to 11K tons in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 129%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, steel railway material exports shrank rapidly to $8.6M in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 137% against the previous year. As a result, the exports reached the peak of $12M, and then fell remarkably in the following year.
Export of Steel Railway Material in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cambodia | 2.8 | 69.3 | 1,001 | 3,610 | 988.4% |
Netherlands | N/A | 448 | 456 | 1,851 | 103.3% |
Indonesia | 178 | 0.4 | 1,336 | 858 | 68.9% |
Uruguay | N/A | N/A | 1,628 | 714 | -56.1% |
Malaysia | 509 | 821 | 5,062 | 505 | -0.3% |
Lao People's Democratic Republic | 743 | 1,090 | 1,139 | 433 | -16.5% |
Gabon | 236 | 324 | 636 | N/A | 64.2% |
Others | 852 | 2,378 | 903 | 674 | -7.5% |
Total | 2,521 | 5,130 | 12,161 | 8,644 | 50.8% |
Top Export Markets for Steel Railway Material from Thailand in 2022:
- Cambodia (9.0K tons)
- Netherlands (0.8K tons)
- Lao People's Democratic Republic (0.3K tons)
- Uruguay (0.2K tons)
- Indonesia (0.2K tons)
- Malaysia (0.2K tons)
Steel Railway Material Imports in Thailand
For the third consecutive year, Thailand recorded decline in supplies from abroad of railway material of steel, which decreased by -13% to 3.8K tons in 2022. Over the period under review, imports faced a significant contraction.
In value terms, steel railway material imports declined significantly to $6.4M in 2022. In general, imports showed a dramatic shrinkage.
Import of Steel Railway Material in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 49.2 | 7.5 | 2.8 | 5.1 | -53.0% |
Japan | 0.1 | N/A | N/A | 0.1 | 0.0% |
Luxembourg | 0.6 | 0.3 | 0.6 | 0.1 | -45.0% |
United Kingdom | 3.4 | 0.4 | N/A | 0.1 | -69.1% |
Austria | 2.9 | 2.1 | 0.7 | 0.1 | -67.5% |
Germany | 15.0 | 2.4 | 0.5 | N/A | -81.7% |
Australia | 8.1 | 0.3 | N/A | N/A | -96.3% |
Others | 7.9 | 2.8 | 3.5 | 0.8 | -53.4% |
Total | 87.3 | 15.9 | 8.1 | 6.4 | -58.1% |
Top Suppliers of Steel Railway Material to Thailand in 2022:
- China (3355.6 tons)
- Luxembourg (83.4 tons)
- Japan (70.3 tons)
- Austria (36.2 tons)
- Australia (12.7 tons)
- United Kingdom (11.0 tons)
- Germany (6.0 tons)
This report provides an in-depth analysis of the steel railway material 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 24107500 - Railway material (of 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.
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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
This report provides an in-depth analysis of the steel railway material market in Thailand.
This report provides an in-depth analysis of the global steel railway material market.
This report provides an in-depth analysis of the steel railway material market in Thailand.
This report provides an in-depth analysis of the global steel railway material market.
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%