Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Thailand - 2024
Contents:
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Thailand (CIF) - 2022
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Thailand (FOB) - 2022
- Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Thailand
- Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Thailand
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Thailand (CIF) - 2022
In 2022, the average import price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s amounted to $622 per unit, jumping by 19% against the previous year. In general, the import price, however, continues to indicate a perceptible contraction. The import price peaked at $1.1 thousand per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6.3 thousand per unit), while the price for Japan ($351 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Thailand (FOB) - 2022
The average export price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s stood at $716 per unit in 2022, growing by 13% against the previous year. Overall, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 54% against the previous year. As a result, the export price attained the peak level of $2 thousand per unit. From 2016 to 2022, the average export prices failed to regain momentum.
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 the United States ($1.4 thousand per unit), while the average price for exports to Cambodia ($252 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 France (+38.1%), while the prices for the other major destinations experienced a decline.
Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Thailand
Imports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s into Thailand declined to 24K units in 2022, reducing by -13% on the previous year's figure. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. As a result, imports reached the peak of 28K units, and then declined in the following year.
In value terms, imports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s expanded modestly to $15M in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 5.8 | 5.1 | 8.8 | 7.4 | 8.5% |
| China | 1.5 | 1.8 | 1.6 | 2.0 | 10.1% |
| Italy | 0.7 | 0.7 | 0.6 | 0.8 | 4.6% |
| Others | 5.1 | 4.3 | 3.4 | 4.8 | -2.0% |
| Total | 13.2 | 11.8 | 14.5 | 15.0 | 4.4% |
Top Suppliers of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) to Thailand in 2022:
- Japan (21.2K units)
- China (1.7K units)
- Italy (0.5K units)
Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Thailand
Exports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s from Thailand surged to 3.2K units in 2022, jumping by 19% against the previous year's figure. In general, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 195% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s skyrocketed to $2.3M in 2022. Overall, exports, however, saw a abrupt shrinkage. Over the period under review, the exports of hit record highs at $2.7M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 662 | 634 | 698 | 655 | -0.4% |
| France | 37.9 | N/A | N/A | 298 | 98.9% |
| United States | 53.7 | 5.8 | 461 | 266 | 70.5% |
| China | 14.9 | 23.9 | 52.6 | 202 | 138.4% |
| Malaysia | 45.4 | 9.7 | 36.3 | 132 | 42.7% |
| Lao People's Democratic Republic | 75.2 | 37.1 | 85.5 | 96.8 | 8.8% |
| Cambodia | 42.8 | 5.3 | 14.5 | 54.0 | 8.1% |
| Japan | 32.6 | 3.8 | 91.5 | 52.1 | 16.9% |
| India | 66.7 | 8.3 | 6.1 | 46.9 | -11.1% |
| Germany | 564 | 88.9 | 10.3 | 3.8 | -81.1% |
| Indonesia | 137 | 47.3 | 5.3 | 1.0 | -80.6% |
| Iraq | N/A | N/A | 2.0 | N/A | 0% |
| Brazil | 48.0 | 65.6 | 51.0 | N/A | 3.1% |
| Others | 911 | 572 | 169 | 459 | -20.4% |
| Total | 2,693 | 1,502 | 1,683 | 2,268 | -5.6% |
Top Export Markets for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) from Thailand in 2022:
- Vietnam (911.0 units)
- France (663.0 units)
- China (239.0 units)
- Malaysia (227.0 units)
- Cambodia (214.0 units)
- United States (190.0 units)
- Japan (177.0 units)
- India (98.0 units)
- Lao People's Democratic Republic (91.0 units)
- Germany (11.0 units)
- Indonesia (2.0 units)
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