Thailand: ceramic exports in 2009 is expected to become minus

Published: 16 May 2009 18:41:14

Thailand, Thailand and China, according to Farmer Research Center study shows that the Thai ceramic products rely mainly on export markets, 2008 1 ~ 9 month period of its main export market for Japan, exports to 326,600,000 U.S. dollars, accounting for Thai ceramic products 52.6% of total exports. Exported to the Japanese market, the majority of Thai ceramic products are ceramic pipes, ceramic accessories, laboratory ceramic utensils, ceramic utensils and ceramic agricultural packaging. At the same time, the United States is Thailand's second largest ceramics export market, exports 79,300,000 U.S. dollars, accounting for Thai ceramic products 12.8% of total exports, which account for the largest sanitary ware proportion.

September 2008 outbreak of the financial crisis in the United States led the United States experienced severe liquidity shortage problem, and then spread to all over the world and cause the world economic slowdown, weakening the world, especially in the United States purchasing power of consumers. To this end, Kasikorn Research Center ceramic is expected to Thailand in 2008 will be a dramatic slowdown in exports, from 42.9 percent in 2007 to 17.3 percent growth slowdown, exports about 834 million U.S. dollars.

Kasikorn Research Center ceramic products in 2009 is expected to tend to a substantial slowdown in exports, will grow only 2.3 percent, or 853 million U.S. dollars. Trend is expected to reduce exports of ceramic products will include the building type such as ceramic sanitary ware, floor tile or ceramic wall tiles, mosaic tiles, ceramic souvenirs and ceramics, and tend to slow down the export of ceramic products will have ceramic insulator.