Thailand - Non-Window or Wall Air Conditioning Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Non-Window or Wall Air Conditioning Machines - Market Analysis, Forecast, Size, Trends And Insights

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Air Conditioning Machine Price in Thailand - 2023

Contents:

  1. Air Conditioning Machine Price in Thailand (FOB) - 2022
  2. Air Conditioning Machine Price in Thailand (CIF) - 2022
  3. Air Conditioning Machine Exports in Thailand
  4. Air Conditioning Machine Imports in Thailand

Air Conditioning Machine Price in Thailand (FOB) - 2022

In 2022, the average air conditioning machine export price amounted to $458 per unit, falling by -20.9% against the previous year. Overall, the export price saw a deep contraction. The growth pace was the most rapid in 2018 when the average export price increased by 80%. As a result, the export price attained the peak level of $1,448 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($574 per unit), while the average price for exports to Taiwan (Chinese) ($300 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 Australia (-8.6%), while the prices for the other major destinations experienced a decline.

Air Conditioning Machine Price in Thailand (CIF) - 2022

In 2022, the average air conditioning machine import price amounted to $517 per unit, growing by 74% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible setback. The import price peaked at $721 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,616 per unit), while the price for the Czech Republic ($227 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Air Conditioning Machine Exports in Thailand

In 2022, approx. 2.4M units of non-window or wall air conditioning machines were exported from Thailand; picking up by 30% compared with the year before. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 112%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, air conditioning machine exports expanded to $1.1B in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Air Conditioning Machine in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13016331327828.8%
Italy62.275.410012325.5%
France65.482.999.410918.6%
Australia57.595.998.310221.1%
Germany53.363.385.371.310.2%
Spain50.862.976.868.410.4%
Finland13.715.028.441.144.2%
New Zealand18.525.731.526.913.3%
Sweden13.611.418.625.823.8%
Vietnam5.16.04.924.568.7%
Taiwan (Chinese)7.48.313.720.540.4%
Turkey8.312.110.118.129.7%
India8.113.19.317.930.3%
Others230129164154-12.5%
Total7247631,0541,08114.3%

Top Export Markets for Air Conditioning Machine from Thailand in 2022:

  1. United States (513.2K units)
  2. France (285.4K units)
  3. Italy (222.5K units)
  4. Germany (182.0K units)
  5. Australia (178.3K units)
  6. Spain (137.9K units)
  7. Sweden (81.4K units)
  8. New Zealand (81.0K units)
  9. Vietnam (73.1K units)
  10. Finland (71.5K units)
  11. Taiwan (Chinese) (68.3K units)
  12. India (52.1K units)
  13. Turkey (47.4K units)

Air Conditioning Machine Imports in Thailand

In 2022, after three years of growth, there was significant decline in overseas purchases of non-window or wall air conditioning machines, when their volume decreased by -35.6% to 74K units. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of 115K units, and then dropped markedly in the following year.

In value terms, air conditioning machine imports expanded notably to $38M in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Air Conditioning Machine in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.520.619.024.421.8%
United States1.62.60.94.339.0%
Japan2.03.73.63.115.7%
Germany2.81.90.81.6-17.0%
Austria0.2N/A2.91.281.7%
Czech Republic0.40.10.20.720.5%
India3.80.70.30.3-57.1%
Denmark4.3N/A0.20.1-71.5%
Others4.83.06.02.4-20.6%
Total33.432.634.138.14.5%

Top Suppliers of Air Conditioning Machine to Thailand in 2022:

  1. China (54.7K units)
  2. Japan (9.8K units)
  3. Czech Republic (3.1K units)
  4. United States (1.7K units)
  5. Austria (1.4K units)
  6. Germany (0.6K units)
  7. India (0.4K units)
  8. Denmark (0.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the air conditioning machine market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28251250 - Air conditioning machines with refrigeration unit (excluding those used in motor vehicles, self-contained or split-systems machines)
  • Prodcom 28251270 - Air conditioning machines not containing a refrigeration unit, c entral station air handling units, vav boxes and terminals, c onstant volume units and fan coil units

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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