Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Thailand - 2024

Contents:

1. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Thailand (CIF) - 2022
2. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Thailand (FOB) - 2022
3. Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Thailand
4. Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Thailand

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Thailand (CIF) - 2022

The average import price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $4,900,082 per unit in 2022, with an increase of 291% against the previous year. In general, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 9,721% against the previous year. The import price peaked at $18,011,046 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($38,646,844 per unit), while the price for Taiwan (Chinese) ($47 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+109.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Thailand (FOB) - 2022

The average export price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $1,818,635 per unit in 2022, rising by 1.9% against the previous year. Overall, the export price continues to indicate a prominent expansion. The growth pace was the most rapid in 2016 when the average export price increased by 13,626% against the previous year. The export price peaked at $15,238,697 per unit in 2017; however, from 2018 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 Indonesia ($6,846,336 per unit), while the average price for exports to Myanmar ($107 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 (+1,475.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Thailand

For the fourth year in a row, Thailand recorded growth in supplies from abroad of vessels; other, including warships and lifeboats, other than rowing boatses, which increased by 7.7% to 14 units in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses soared to $69M in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 2,081% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to Thailand in 2022:

1. United Kingdom (1.0 units)
2. Australia (1.0 units)
3. Taiwan (Chinese) (1.0 units)
4. Singapore (1.0 units)
5. Denmark (1.0 units)
6. Indonesia (1.0 units)
7. France (1.0 units)
8. United States (1.0 units)
9. Malaysia (1.0 units)
10. Netherlands (1.0 units)
11. Germany (1.0 units)
12. China (1.0 units)
13. Norway (1.0 units)

Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Thailand

In 2022, the amount of vessels; other, including warships and lifeboats, other than rowing boatses exported from Thailand surged to 9 units, growing by 29% compared with the previous year's figure. Over the period under review, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 133% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of vessels; other, including warships and lifeboats, other than rowing boatses surged to $16M in 2022. Overall, exports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 43%. The exports peaked at $27M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats from Thailand in 2022:

1. Australia (1.0 units)
2. Lao People's Democratic Republic (1.0 units)
3. Myanmar (1.0 units)
4. Singapore (1.0 units)
5. Indonesia (1.0 units)
6. France (1.0 units)
7. Malaysia (1.0 units)
8. Japan (1.0 units)
9. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform