The Metals Industry in Thailand is a crucial sector that plays a significant role in the country's economic development. In 2022, the industry's value was estimated to be 117 billion baht, employing over 100,000 people. In this article, we will discuss the key statistics, factors contributing to its growth and success, industry growth and comparison to previous years, key trends, challenges, and future outlook.
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DOVE EQUIPMENT & MACHINERY CO., LTD.
11
+66 65 472 4266 info@dovemining.com
DOVE EQUIPMENT & MACHINERY Co., Ltd., a member of DOVE Group of Companies, is a major manufacturer and supplier of technology, packaged in a wide range of products & technical services, all under one roof for the planning, exploration, development and exploitation of mineral resources, covering the total life cycle of your mining and minerals processing project. DOVE supplies a complete range of machinery, equipment, instruments and accessories for surface mining of base metals, precious metals, light metals, ferrous metals, diamonds, color gemstones, sand gravel, aggregate, and coal. DOVE is a major manufacturer & supplier of the largest range of surface mining equipment, instruments and accessories. DOVE manufactures and supplies a complete range of integrated Processing Plants and accessories with ore throughput capacities ranging from 2 Tons/Hour to over 2,000 Tons/Hour. These Processing Plants are configured in various ranges from Mobile and Portable Processing Plants, to …
ADVANCE MANUFACTURERS CO., LTD
8
+66 2 326 0985 advance@advmfr.com
A family run jewelry factory specializing in OEM and ODM production with over 30 years experience in the jewelry manufacturing industry. We design & produce jewelry for brands all around the world. We produce over 3 million pieces of jewelry per year. We offer all jewelry categories including earrings, pendants, necklaces, bracelets, rings, chains and hoops. We work with 8k, 9k, 10k, 14k & 18k gold, 925 sterling silver as well as brass metal. Stones used include precious and semi-precious gemstones, natural and lab-grown diamonds, cubic zirconia and crystals. We also offer recycled metals, conflict-free gemstones and biodegradable packaging.
C.I.T. CORPORATION LIMITED
31
+66 2 224 0111
Formerly known as Charnchai International Trading, CIT was founded in 1961 by Charn Srivicharnkul with the purpose of making a contribution to the industrialization and development of Thailand. The company began as a pioneer importer and exporter of hardware and agricultural tools and, within the next decades, CIT grew its business capabilities to take on the challenge of trading zinc metals. Since the 2000s, the company has expanded into home and living products, such as kitchen and bath, digital locks and other smart products. With revenues of over $30 million, we are currently one of Thailand’s largest companies in this domain. We are proud of having served over 10+ million users and collaborating with 1,000+ business partners across 10+ countries. Through trade, we believe that we have the power to change the world by focusing on the Digital, Silver and Green economy. Our mission is to consistently deliver something that goes beyond your expectations and gives you a truly…
ALMOND (THAILAND) LIMITED.
26
+66 2 517 0042 customerservice@almond.co.th
The Almond Group was established in New York, U.S.A. since 1975 and has always been the manufacturers manufacturer to the jewelry industry. As a leading creator and designer of elegant, high-quality, and stylish jewelry at affordable price points, the Almond Group specializes in light weight jewelry manufacturer in the fields of stamping, tubular products and casting both in silver and alternative metals. The company constantly produces a large amount of earrings, bangles, pendants, rings, brooches and charms with or without precious / semi-precious stones. The Almond Thailand factory is a vertically integrated operation, with complete facilities for design, mould-making, casting, finishing, gem-setting and packaging. It is well suited in private label jewelry, which contract Almond Thailand to completely design, develop, manufacture and pack private label jewelry lines. Using lightweight tubing and lightweight stamping in both silver and alternative metals, Almond Thailand specia…
DOVE EQUIPMENT & MACHINERY CO., LTD.
12
+66 65 472 4266 info@dovemining.com
DOVE Equipment & Machinery Co., Ltd. manufactures and supplies equipment and technology, packaged in a complete range of products, suitable for surface and river mining of various nature and capacities, ranging from laboratory scale to over 2,000 tons/hour. DOVE Equipment uniquely supplies mining equipment, accessories and instrumentation for either Alluvial (Placer) or Hard Rock deposits for processing and recovery of various minerals and metals: Precious Metals, Precious and Semi-Precious Stones, Base Metals, Ferrous and Non-Ferrous Metals, Noble Metals and Heavy Minerals. DOVE equipment is designed in various integrated configurations, as portable, stationary and semi-stationary processing systems for surface mining operations, and as floating plants for river mining. We dont supply just equipment, we supply expertise and quality.
ECOTRADE GROUP
41
support@ecotradegroup.com
Ecotrade Group is an Asian based company specialized in the recycling of precious metal from spent auto catalysts. We have acquired a great deal of expertise in the PGM recycling industry and have earned a solid reputation for our professionalism, honesty and transparency. We have continued to invest significantly in the business providing a complete digital catalogue for our customers. We also have modern laboratory resources and state-of-the-art sampling equipment that allows us to offer toll-refining services for our clients.
AUSTHAI GEOPHYSICAL CONSULTANTS GROUP
30
+66 2 117 4411
The focus of Austhai Geophysical Consultants is on providing expert advice and guidance for geophysical and Geotechnical exploration programs being carried out in the mining and metals sector of the materials market as well as the Coal and Geothermal sectors of the energy market. Austhai Geophysical Consultants also provide a wide range of geophysical and geotechnical services to the environmental, ground water and engineering industries. Austhai Geophysical Consultants started operations in Thailand focusing on the Asia Pacific region with long term experience in Base Metal Exploration, Porphyry Gold and Copper exploration as well as Geophysical Data Processing and Modeling services for various clients worldwide. Austhai Geophysical Consultants expanded its services in 2014 to also provide Geotechnical services for the Groundwater and Construction industries. Austhai Geophysical Consultants have offices in Thailand and Myanmar as well as operations bases in Cambodia and Laos. Aust…
COMPACT WORTH CORP.
1
+66 85 115 8077 cwc@unisys-th.com
CWC is a distributor of scientific equipments and lab instruments in Thailand.
DOVE MINING
2
+66 65 472 4266 info@dovemining.com
DOVE® INSTRUMENTS A DIVISION OF DOVE GLOBAL-TECH A member of DOVE® Group of Companies, DOVE® Instruments is a major supplier of products tools and instruments for mining and minerals processing industry, supplying a wide-range of instruments and tools for Minerals Exploration, Processing, Refining and handling of precious metals and minerals, Precious Metals, Gemstones and other Minerals Testing and Evaluation, Satellite Communications and Security Equipment for Mine and Field. With over 45 years experience in the field of manufacturing, DOVE® has established a proven record of reliability and performance around the globe. Today, the brand of DOVE® represents a substantial number of divisional companies that led in 1990 to the formation of the DOVE® GROUP OF COMPANIES. DOVE® portfolio mirrors global representation in over 30 countries with over 45 years in Research, Product Development and Manufacturing expertise. DOVE® brand signifies a business concept, which amounts to technologi…
THAI SURAT STEEL COMPANY LIMITED
0
+66 84 062 4111
Thai Surat Steel Co., Ltd. is a private steel company based in Southern Thailand since 2000. Our diverse product and service range now includes standard structural steel supply, steel detailing & assembly, metalsheet roofing & walling, purlins & girts and Industrial Warehouse & Factory Construction. As one of NS BlueScope (Thailand)s local Authorized Dealer, our quality products are made from leading brands like ColorBond®, Zincalume® and SuperDyma® steel.
C.I.T. CORPORATION LIMITED
18
+66 2 224 0111
ABOUT C.I.T. CORPORATION LIMITED CIT is a leading $20 million building supplier in Thailand. With a team of over 200 people, the company engages in the distribution and manufacturing of metals, sanitary products, door locks, garden tools, and construction hard wares. Its flagship brands include KUDOS, Alpha Lock and Saboten. Together with fastest growing channels like Home Pro (SET:HMPRO), Global House (SET:GLOBAL) and Boonthavorn, CIT brings a commitment to creating a better value to customers in Thailand, with regional expansion into Southeast Asia. Headquarter 1/5-6 Thanon Nakkharat Bamrung Muang Road Pom Prap, Bangkok 10100 Thailand Factory & Warehouse 141/3 Moo 1, Phahonyothin Road Km. 55 T-PARK Wangnoi W5/4, Tambon Payom Wangnoi, Ayutthaya 13170 Thailand ABOUT KUDOS AS A BRAND KUDOS was launched in Bangkok in 2011 as an alternative bathroom brand from Thailand. At KUDOS, we believe that bathroom is not just a room for personal hygiene but rather a private space to inspire t…
Asian Valuation Consultants Company Ltd is an independent Company, specialising in the valuation of plant, machinery and buildings including power, mining, metals processing, pulp & paper, cement, food & beverage, electronics, pharmaceuticals, corporate headquarters, hotels and heavy and light manufacturing industries. We will be working in conjunction with AVC Ltd who are recognised worldwide as one of the leading experts in providing Valuation services across many industries. At AVC weve taken a lot of time identifying precisely what you, as Clients, expect from a firm of Independent Valuers and Surveyors. We know that you need a Client-focused service where the Valuation Team from the Director downwards are working with you. We know that you want easy access to the expertise available, giving you clear opinions through a comprehensive understanding of your business. And of course, value for money. At AVC we can deliver exactly that.
ASCENSION GOODS
3
+66 2 632 1815 chris@ascensiongoods.com
Ascension Goods designs and casts sterling silver jewelry to depict the images, themes, and insignia of your organization. Ascension Goods also designs and casts in other precious metals, and provides gem work and other value-added treatments. Our precious metal goods are ideal for gift shops, fundraising, donor recognition, and other special events. Ascension Goods are elegant and distinguished. Our goods create value and preserve memories. Ascension Goods works closely with clients to provide them with unique, specialized goods according to their needs, whenever needed.
FINKEL JEWELRY
1
+66 85 136 7637 ceo@finkeljewelry.com
For the past decade, our factory is proud to offer original design, excellent quality, exceptional service, and reliable on-time delivery. Guaranteeing our clients with the best end-to-end production needs. Finkel Jewelry is continuously improving and strengthening its skills to meet the latest international standards. With our highly trained team’s expertise and state of the art machinery, we ensure to produce extraordinary jewelry. All the jewelry composed in our manufacture utilizes premium grade gemstones, crystals, and precious metals.
RANI INTERNATIONAL TRADING CO., LTD
6
+66 63 191 7019 info@rani.co.th
Rani International Trading was born out of a dream, a passion and a leap of faith. Established in the winter of 2013 as an Exporter, Importer, Supplier, Commission Agent & Buying House of our Country. Rani International Trading can supply Live and frozen seafood including: Clam, Snail, Prawns, Tiger Prawns, King Prawns, Hard Crab, Soft Crab, Lobsters, Eel Fish and many more, Fresh or Frozen. We are the only one exporter of Bangladesh can export several different species of Sea Snail. Different areas of Bangladesh contain different types of soil which are healthy for growing different agro products. Right now we are exporting most common and demand-able vegetables. in U.K, Belgium, Germany, Singapore, Malaysia, Sri Lanka, Vietnam, Philippine, Russia and Middle East Countries. The golden fibre, meets all the standards for ‘safe’ packaging in view of being a natural, renewable, biodegradable and Eco-friendly product. Rani International Trading exports best quality of jute yarn which ha…
STAHLWERK THÜRINGEN GMBH
44
sales-nordic@stahlwerk-thueringen.de
Stahlwerk Thuringen GmbH is a mining and metals company based out of 6 Kronacher Straße, Unterwellenborn, TH, Germany.
ANGPRAPHASTEEL CO., LTD.
2
Founded in 2003, Angprapha Steel Co, LTD. is a full service scrap metal recycling company specialized in purchasing and processing ferrous and nonferrous recycled metals based in Central Thailand. For more than a decade, we provide a multitude services from sizing to delivery to our commercial, residential, and industrial accounts. Angprapha Steel is fully accredited with official quality and environmental management certificates which ensure the companys commitment to follow international management system standards
ASCENSION GOODS
0
Ascension Goods designs and casts sterling silver jewelry inspired by the architecture, narratives, art and other treasures of your organization. Ascension Goods also designs and casts in other precious metals, and provides precious and semi-precious stone and other value-added treatments. Our precious metal goods are ideal for gift shops, fundraising, donor recognition, and other special events. Ascension Goods are elegant and distinguished. Our goods create value and preserve memories. Ascension Goods works closely with clients to provide them with unique, specialized goods. In addition to our website, please see the below online portfolio of more recent works.
STARTRADER THAILAND
15
STAR Trader is the world’s fastest-growing broker. With us, you can trade hundreds of financial instruments across six asset classes - forex, cryptos, metals, commodities, indices, and shares.
AREZZO REFINERY CO. LTD.
5
Arezzo Refinery Co. Ltd. refines: any kind of precious metals and alloy,scraps, dusts, liquids, and rubbish coming from the jewellerys industry,rough gold and silver coming from mines. We can reach purity levels which fully comply with our customers quality requirements. We rapidly give back the precious metals contained, thanks to our plants capability. Our efficient and professional organization allows us to ensure safe door-to-door distribution of any amount. In Thailand or abroad, we collect and deliver the metals directly without extra charge.
Top Metals Companies in Thailand
Key Statistics from 2022
According to the Thailand Board of Investment, the Metals Industry in Thailand accounted for approximately 2% of the country's GDP in 2022, employing over 100,000 people. The industry comprises various sub-sectors, such as iron and steel, non-ferrous metals, and metal products. The iron and steel sub-sector is the largest sub-sector, accounting for approximately 60% of the industry's value.
Factors Contributing to Its Growth and Success
One of the key factors contributing to the growth and success of the Metals Industry in Thailand is the government's initiatives to support the industry's development. The government has been implementing policies and programs to improve the quality and accessibility of metal products, promote innovation and research, and develop a skilled workforce.
For example, the government has been investing in infrastructure, such as ports and industrial estates, to facilitate the transportation and storage of metal products. Additionally, the government has been promoting innovation and research in the industry, by funding research projects, establishing research centers, and providing incentives to researchers and innovators.
Industry Growth and Comparison to Previous Years
The Metals Industry in Thailand has been growing steadily over the years, with an average growth rate of 5.5% per year. In 2022, the industry's value increased by 6.2% from the previous year, which is higher than the average growth rate. The industry's growth rate has been driven by the increased demand for metal products, particularly from the construction and automotive industries.
Key Trends
The Metals Industry in Thailand has been experiencing technological disruptions that are changing the industry's landscape. One of the key trends in the industry is the adoption of Industry 4.0 technologies, such as automation, artificial intelligence, and the Internet of Things. These technologies are being used to improve the industry's efficiency, reduce costs, and enhance quality and safety.
Another trend in the industry is the growing demand for sustainable and green metals. Consumers are becoming more interested in metal products that have minimal environmental impact, and the industry players are responding by adopting sustainable and green manufacturing practices and developing new metal products that meet these requirements.
Challenges
The Metals Industry in Thailand faces several challenges that could affect its growth and competitiveness. One of the challenges is the impact of the COVID-19 pandemic on global trade and supply chains, which has affected the industry's export markets and raw material supplies. Another challenge is the intense competition from other countries, particularly China, which has a large and competitive metals industry.
Future Outlook
The future of the Metals Industry in Thailand looks promising, despite the challenges it faces. The industry is expected to continue growing, driven by the government's support and investment in innovation, infrastructure, and sustainability. The industry's adoption of Industry 4.0 technologies and sustainable and green manufacturing practices is expected to increase, improving its efficiency and competitiveness.
To remain competitive, the industry players need to focus on innovation and differentiation, through the use of Industry 4.0 technologies and sustainable and green manufacturing practices. They need to invest in research and development, and collaborate with other players in the industry to develop new solutions and technologies. The government should also continue to provide support to the industry, by investing in infrastructure, education, and research and development, and by promoting trade agreements and partnerships with other countries.
Moreover, the COVID-19 pandemic has also presented new challenges and opportunities for the Metals Industry in Thailand. The pandemic has disrupted global trade and supply chains, reducing the industry's export markets and raw material supplies. However, it has also highlighted the importance of sustainability and green manufacturing practices, which can improve the industry's competitiveness and customer engagement.
Conclusion
In conclusion, the Metals Industry in Thailand is a critical sector that contributes significantly to the country's economic development. The industry has been growing steadily, supported by the government's initiatives, investment in innovation, infrastructure, and sustainability. However, the industry faces several challenges, such as the impact of the COVID-19 pandemic on global trade and supply chains and intense competition from other countries. The future outlook for the industry is positive, driven by the adoption of Industry 4.0 technologies and sustainable and green manufacturing practices, and investment in research and development. By addressing the challenges and capitalizing on the opportunities, the industry can continue to grow and contribute to the country's economic development.
Additionally, the industry players should also focus on diversifying their product offerings and exploring new markets. The construction and automotive industries have been the primary markets for the Metals Industry in Thailand, but there are opportunities in other sectors, such as aerospace, defense, and renewable energy.