Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Thailand - 2024

Contents:

  1. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Thailand (CIF) - 2024
  2. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Thailand (FOB) - 2022
  3. Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Thailand
  4. Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Thailand

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Thailand (CIF) - 2024

In March 2024, the average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $6.2 per unit, with a decrease of -44.8% against the previous month. Overall, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in February 2024 an increase of 114% month-to-month. The import price peaked at $13.3 per unit in April 2023; however, from May 2023 to March 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Germany ($21.3 per unit), while the price for India ($1.5 per unit) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Japan (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Thailand (FOB) - 2022

In 2022, the average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $21 per unit, rising by 13% against the previous year. Over the period under review, the export price saw a buoyant expansion. The growth pace was the most rapid in 2016 when the average export price increased by 80%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($67 per unit), while the average price for exports to the Philippines ($2.8 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 China (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Thailand

In 2022, overseas purchases of lightning arresters, voltage limiters and surge suppressors for over 1000 v decreased by -13% to 878K units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 when imports increased by 136%. As a result, imports attained the peak of 2.3M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v fell to $7.6M in 2022. In general, imports faced a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 33%. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.98.53.43.4-4.5%
Sweden1.10.81.41.0-3.1%
Japan1.40.70.60.8-17.0%
Germany0.51.90.90.50.0%
IndonesiaN/AN/AN/A0.30%
Italy1.5N/A0.1N/A-74.2%
Others2.62.72.51.5-16.8%
Total11.014.69.07.6-11.6%

Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Thailand in 2022:

  1. China (611.0K units)
  2. Sweden (127.5K units)
  3. Germany (50.2K units)
  4. Japan (31.9K units)
  5. Indonesia (17.5K units)
  6. Italy (0.4K units)

Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Thailand

In 2022, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v from Thailand declined modestly to 180K units, shrinking by -2.3% compared with 2021. Over the period under review, exports saw a abrupt slump. The exports peaked at 303K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v expanded significantly to $3.8M in 2022. In general, exports saw a abrupt decrease. Over the period under review, the exports of hit record highs at $4.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,9951,9061,7091,565-7.8%
Japan8963896331,21210.6%
Hong Kong SAR35782.42473590.2%
Lao People's Democratic Republic604269165190-32.0%
Philippines38.541.285.810941.5%
Vietnam17811329195.8-18.7%
Cambodia19813141.390.1-23.1%
United Arab Emirates11.010.313.849.665.2%
Myanmar40.253826.810.4-36.3%
Others544598241138-36.7%
Total4,8624,0793,4533,819-7.7%

Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Thailand in 2022:

  1. Philippines (38.7K units)
  2. Lao People's Democratic Republic (27.1K units)
  3. China (26.7K units)
  4. Cambodia (21.9K units)
  5. Japan (18.1K units)
  6. Vietnam (16.0K units)
  7. Hong Kong SAR (14.9K units)
  8. United Arab Emirates (8.8K units)
  9. Myanmar (1.4K units)

Source: IndexBox Market Intelligence Platform

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