Thailand - Centrifuges - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Centrifuges - Market Analysis, Forecast, Size, Trends And Insights

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Centrifuges Price in Thailand - 2023

Contents:

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

Centrifuges Price in Thailand (CIF) - 2022

The average centrifuges import price stood at $809 per unit in 2022, jumping by 58% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. The import price peaked at $4,039 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Japan ($11,068 per unit), while the price for Vietnam ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.9%), while the prices for the other major suppliers experienced a decline.

Centrifuges Price in Thailand (FOB) - 2022

In 2022, the average centrifuges export price amounted to $11,053 per unit, with an increase of 53% against the previous year. In general, the export price, however, recorded a mild shrinkage. Over the period under review, the average export prices attained the maximum at $16,523 per unit in 2017; however, from 2018 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 India ($25,691 per unit), while the average price for exports to the Netherlands ($140 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 the United Arab Emirates (+6.0%), while the prices for the other major destinations experienced a decline.

Centrifuges Imports in Thailand

In 2022, supplies from abroad of centrifuges decreased by -10.8% to 48K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 189%. As a result, imports attained the peak of 54K units, and then declined in the following year.

In value terms, centrifuges imports skyrocketed to $39M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable 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 Centrifuges in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.76.58.711.35.2%
China6.65.58.79.914.5%
Sweden1.00.4N/A3.044.2%
United States1.51.81.42.924.6%
Italy0.30.40.30.2-12.6%
VietnamN/AN/AN/AN/A0%
Others15.614.48.611.7-9.1%
Total34.629.027.739.04.1%

Top Suppliers of Centrifuges to Thailand in 2022:

  1. Vietnam (28.5K units)
  2. China (10.6K units)
  3. Germany (2.2K units)
  4. Sweden (1.9K units)
  5. United States (1.0K units)
  6. Italy (0.9K units)

Centrifuges Exports in Thailand

In 2022, exports of centrifuges from Thailand reduced to 795 units, which is down by -2.8% against the previous year. Overall, exports recorded a abrupt setback. Over the period under review, the exports reached the maximum at 1.3K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, centrifuges exports skyrocketed to $8.8M in 2022. In general, exports faced a dramatic slump. Over the period under review, the exports hit record highs at $19M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Centrifuges in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam2,8445107642,497-4.2%
India0.522.0N/A9691146.8%
Indonesia4,7501,560430772-45.4%
Lao People's Democratic Republic3,4921,154756649-42.9%
Germany2,102697859648-32.4%
Bangladesh13.012.59.7478232.5%
Philippines1092981,12040655.0%
United States1,1054.70.1379-30.0%
Singapore2,625307153346-49.1%
Malaysia2652.3307197-9.4%
Mexico1.610.0N/A117318.2%
United Arab EmiratesN/AN/A15.187.4478.8%
NetherlandsN/A0.4N/A4.1220.2%
Others1,9792,8011,4991,237-14.5%
Total19,2867,3805,9138,787-23.1%

Top Export Markets for Centrifuges from Thailand in 2022:

  1. Vietnam (203.0 units)
  2. Philippines (121.0 units)
  3. Singapore (68.0 units)
  4. Lao People's Democratic Republic (53.0 units)
  5. United Arab Emirates (45.0 units)
  6. Indonesia (43.0 units)
  7. India (38.0 units)
  8. Bangladesh (36.0 units)
  9. Germany (34.0 units)
  10. Mexico (31.0 units)
  11. Netherlands (29.0 units)
  12. United States (29.0 units)
  13. Malaysia (17.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the centrifuges 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 32501380 - Centrifuges of a kind used in laboratories (excluding cream separators, clothes dryers)
  • Prodcom 28294100 - Centrifuges (excluding cream separators, clothes dryers, t hose used in laboratories)

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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