Market for Vulcanised Cellular Rubber Articles in Thailand
Market Overview
The Thai vulcanised cellular rubber articles market totaled $
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a remarkable increase. As a result, consumption attained the peak level of $. From to , the growth of the market remained at a lower figure.
In value terms, vulcanised cellular rubber articles production amounted to $ in estimated in export price. In general, production showed a strong increase. The pace of growth was the most pronounced in with an increase of % against the previous year. As a result, production attained the peak level of $. From to , production growth remained at a lower figure.
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a remarkable increase. As a result, consumption attained the peak level of $. From to , the growth of the market remained at a lower figure.In value terms, vulcanised cellular rubber articles production amounted to $
in estimated in export price. In general, production showed a strong increase. The pace of growth was the most pronounced in with an increase of % against the previous year. As a result, production attained the peak level of $. From to , production growth remained at a lower figure.Consumption
In , vulcanised cellular rubber articles consumption in Thailand rose sharply to tons, with an increase of % against the previous year's figure. Overall, the total consumption indicated a perceptible increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against indices. As a result, consumption attained the peak volume of tons. From to , the growth of the consumption failed to regain momentum.
The size of the vulcanised cellular rubber articles market in Thailand rose sharply to $ in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a resilient expansion. As a result, consumption attained the peak level of $. From to , the growth of the market remained at a lower figure.
, vulcanised cellular rubber articles consumption in Thailand rose sharply to tons, with an increase of % against the previous year's figure. Overall, the total consumption indicated a perceptible increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against indices. As a result, consumption attained the peak volume of tons. From to , the growth of the consumption failed to regain momentum.The size of the vulcanised cellular rubber articles market in Thailand rose sharply to $
in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a resilient expansion. As a result, consumption attained the peak level of $. From to , the growth of the market remained at a lower figure.Market Forecast
Driven by increasing demand for vulcanised cellular rubber articles for technical uses in Thailand, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, the share of imports in terms of total vulcanised cellular rubber articles consumption in Thailand was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Thailand vulcanised cellular rubber articles market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
% figure. In value terms the share of imports also stood at a low figure, which means that the Thailand vulcanised cellular rubber articles market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
Thailand remains a net exporter of vulcanised cellular rubber articles; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report