Price for Turbines; Steam and Other Vapour Turbines in Thailand - 2024

Contents:

  1. Price for Turbines; Steam and Other Vapour Turbines in Thailand (CIF) - 2022
  2. Price for Turbines; Steam and Other Vapour Turbines in Thailand (FOB) - 2022
  3. Imports of Turbines; Steam and Other Vapour Turbines in Thailand
  4. Exports of Turbines; Steam and Other Vapour Turbines in Thailand

Price for Turbines; Steam and Other Vapour Turbines in Thailand (CIF) - 2022

In 2022, the average import price for turbines; steam and other vapour turbineses amounted to $609 thousand per unit, shrinking by -39.6% against the previous year. Overall, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2018 an increase of 32%. The import price peaked at $3.5 million per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2.1 million per unit), while the price for Bangladesh ($75 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+80.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbines; Steam and Other Vapour Turbines in Thailand (FOB) - 2022

The average export price for turbines; steam and other vapour turbineses stood at $95 thousand per unit in 2022, reducing by -79.1% against the previous year. In general, the export price showed a deep contraction. The growth pace was the most rapid in 2021 an increase of 107% against the previous year. Over the period under review, the average export prices hit record highs at $1.2 million per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($581 thousand per unit), while the average price for exports to Hong Kong SAR ($189 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 Switzerland (+37.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbines; Steam and Other Vapour Turbines in Thailand

In 2022, overseas purchases of turbines; steam and other vapour turbineses decreased by -13.8% to 75 units, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 38%. As a result, imports reached the peak of 139 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of turbines; steam and other vapour turbineses shrank notably to $46M in 2022. Over the period under review, imports faced a dramatic descent. The pace of growth appeared the most rapid in 2020 when imports increased by 77%. As a result, imports attained the peak of $161M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Turbines; Steam and Other Vapour Turbines in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan65.713858.220.7-32.0%
Germany0.52.212.414.2205.1%
India10.35.93.16.2-15.6%
China3.39.26.02.9-4.2%
South Korea2.30.4N/A0.4-44.2%
Italy0.5N/A1.30.2-26.3%
AustriaN/AN/AN/A0.20%
BangladeshN/AN/AN/AN/A0%
Hong Kong SARN/AN/AN/AN/A0%
IndonesiaN/AN/AN/AN/A0%
DenmarkN/AN/AN/AN/A0%
Lao People's Democratic RepublicN/AN/AN/AN/A0%
Czech Republic4.52.35.5N/A10.6%
Others4.03.01.30.9-39.2%
Total91.016187.945.7-20.5%

Top Suppliers of Turbines; Steam and Other Vapour Turbines to Thailand in 2022:

  1. China (13.0 units)
  2. India (12.0 units)
  3. Germany (12.0 units)
  4. Japan (10.0 units)
  5. Italy (1.0 units)
  6. Czech Republic (1.0 units)
  7. Lao People's Democratic Republic (1.0 units)
  8. Denmark (1.0 units)
  9. Indonesia (1.0 units)
  10. Austria (1.0 units)
  11. South Korea (1.0 units)
  12. Hong Kong SAR (1.0 units)
  13. Bangladesh (1.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in Thailand

After three years of growth, overseas shipments of turbines; steam and other vapour turbineses decreased by -13.6% to 19 units in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 171%. Over the period under review, the exports of reached the maximum at 22 units in 2021, and then dropped in the following year.

In value terms, exports of turbines; steam and other vapour turbineses contracted rapidly to $1.8M in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 405%. Over the period under review, the exports of attained the maximum at $9.9M in 2021, and then reduced sharply in the following year.

Export of Turbines; Steam and Other Vapour Turbines in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/A1,612843791-30.0%
Japan3397071,10858119.7%
Lao People's Democratic RepublicN/AN/A0.1129128900.0%
Taiwan (Chinese)N/A21365.9113-27.2%
Solomon IslandsN/AN/AN/A35.80%
GermanyN/A0.87,7749.8250.0%
PakistanN/AN/AN/A6.10%
SwitzerlandN/A164N/A5.1-82.4%
IranN/AN/A14.54.9-66.2%
FinlandN/AN/AN/A4.20%
ItalyN/AN/AN/A2.60%
IndonesiaN/AN/AN/A2.20%
Hong Kong SARN/A0.5N/A0.2-36.8%
Others4821,449135111-38.7%
Total8214,1489,9411,79629.8%

Top Export Markets for Turbines; Steam and Other Vapour Turbines from Thailand in 2022:

  1. Canada (5.0 units)
  2. Finland (2.0 units)
  3. Pakistan (1.0 units)
  4. Indonesia (1.0 units)
  5. Italy (1.0 units)
  6. Taiwan (Chinese) (1.0 units)
  7. Solomon Islands (1.0 units)
  8. Lao People's Democratic Republic (1.0 units)
  9. Germany (1.0 units)
  10. Iran (1.0 units)
  11. Switzerland (1.0 units)
  12. Japan (1.0 units)
  13. Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform

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