Cranes; Tower Cranes Price in Thailand - 2023
Contents:
- Cranes; Tower Cranes Price in Thailand (CIF) - 2022
- Cranes; Tower Cranes Price in Thailand (FOB) - 2022
- Cranes; Tower Cranes Imports in Thailand
- Cranes; Tower Cranes Exports in Thailand
Cranes; Tower Cranes Price in Thailand (CIF) - 2022
In 2022, the average cranes; tower cranes import price amounted to $106,833 per unit, rising by 23% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $117,276 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($423,355 per unit), while the price for Singapore ($13,512 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Cranes; Tower Cranes Price in Thailand (FOB) - 2022
The average cranes; tower cranes export price stood at $29,270 per unit in 2022, jumping by 234% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The export price peaked at $113,905 per unit in 2016; however, from 2017 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 Vietnam ($92,697 per unit), while the average price for exports to Cambodia ($1,641 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 Vietnam (+5.3%), while the prices for the other major destinations experienced a decline.
Cranes; Tower Cranes Imports in Thailand
Cranes; tower cranes imports into Thailand skyrocketed to 92 units in 2022, with an increase of 96% on the year before. Overall, imports, however, continue to indicate a deep slump. Imports peaked at 185 units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, cranes; tower cranes imports surged to $9.8M in 2022. Over the period under review, imports, however, faced a abrupt descent. Over the period under review, imports attained the peak figure at $15M in 2020; however, from 2021 to 2022, imports remained at a lower figure.
Import of Cranes; Tower Cranes in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 0.3 | N/A | N/A | 3.0 | 115.4% |
China | 10.4 | 12.0 | 2.8 | 2.5 | -37.8% |
France | 0.2 | 0.1 | 1.1 | 0.8 | 58.7% |
Germany | 2.0 | N/A | N/A | 0.7 | -29.5% |
South Korea | 0.2 | 1.0 | N/A | 0.7 | 51.8% |
Italy | 0.2 | 1.2 | 0.2 | 0.4 | 26.0% |
Singapore | 0.4 | 0.4 | 0.1 | 0.2 | -20.6% |
Japan | 0.1 | N/A | N/A | 0.1 | 0.0% |
Cambodia | 0.1 | N/A | N/A | 0.1 | 0.0% |
Netherlands | N/A | N/A | N/A | N/A | 0% |
Others | 1.2 | 0.7 | N/A | 1.4 | 5.3% |
Total | 15.0 | 15.5 | 4.1 | 9.8 | -13.2% |
Top Suppliers of Cranes; Tower Cranes to Thailand in 2022:
- China (26.0 units)
- Italy (16.0 units)
- Singapore (16.0 units)
- Malaysia (7.0 units)
- South Korea (6.0 units)
- France (5.0 units)
- Japan (4.0 units)
- Cambodia (3.0 units)
- Netherlands (2.0 units)
- Germany (2.0 units)
Cranes; Tower Cranes Exports in Thailand
In 2022, shipments abroad of cranes; tower craneses decreased by -85.1% to 56 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded significant growth. The exports peaked at 376 units in 2021, and then dropped sharply in the following year.
In value terms, cranes; tower cranes exports contracted notably to $1.6M in 2022. Overall, exports, however, saw significant growth. The exports peaked at $3.3M in 2021, and then contracted markedly in the following year.
Export of Cranes; Tower Cranes in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 12.0 | N/A | 1,986 | 1,180 | 361.6% |
Philippines | 25.7 | N/A | N/A | 229 | 107.3% |
Indonesia | 15.0 | N/A | N/A | 115 | 97.2% |
Denmark | 15.3 | N/A | N/A | 49.2 | 47.6% |
South Korea | 7.6 | N/A | N/A | 42.7 | 77.8% |
Myanmar | 3.9 | N/A | N/A | 15.3 | 57.7% |
Cambodia | 2.7 | N/A | N/A | 6.0 | 30.5% |
United Arab Emirates | N/A | N/A | 39.5 | N/A | 0% |
Pakistan | N/A | N/A | 1,267 | N/A | 0% |
Canada | 322 | N/A | N/A | N/A | 0% |
Others | 274 | N/A | 1.2 | 10.1 | -66.7% |
Total | 677 | N/A | 3,294 | 1,647 | 34.5% |
Top Export Markets for Cranes; Tower Cranes from Thailand in 2022:
- Philippines (27.0 units)
- Vietnam (13.0 units)
- Myanmar (7.0 units)
- Indonesia (4.0 units)
- Cambodia (4.0 units)
- Denmark (1.0 units)
- South Korea (1.0 units)
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