Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Thailand - 2024

Contents:

1. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Thailand (CIF) - 2022
2. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Thailand (FOB) - 2022
3. Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Thailand
4. Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Thailand

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Thailand (CIF) - 2022

The average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $8,635 per unit in 2022, increasing by 98% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 an increase of 918%. As a result, import price attained the peak level of $42,067 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($105,248 per unit), while the price for New Zealand ($2,436 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+28.7%).

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Thailand (FOB) - 2022

In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $1,293 per unit, dropping by -52.7% against the previous year. Overall, the export price saw a precipitous descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 14,358%. Over the period under review, the average export prices attained the peak figure at $32,306 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($11,630 per unit), while the average price for exports to Kiribati ($13 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 Malaysia (+31.0%).

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Thailand

In 2022, approx. 34 units of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW were imported into Thailand; growing by 209% against the previous year. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 1,445% against the previous year. As a result, imports attained the peak of 170 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW surged to $294K in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,242%. As a result, imports reached the peak of $659K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to Thailand in 2022:

1. China (22.0 units)
2. United States (10.0 units)
3. Belgium (1.0 units)
4. New Zealand (1.0 units)

Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Thailand

Exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW from Thailand skyrocketed to 33 units in 2022, picking up by 3,200% compared with the previous year's figure. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW skyrocketed to $43K in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,916% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW from Thailand in 2022:

1. Kiribati (18.0 units)
2. India (10.0 units)
3. Myanmar (3.0 units)
4. Malaysia (2.0 units)

Source: IndexBox Market Intelligence Platform