Thailand - Derricks, Cranes, Mobile Lifting Frames, Straddle Carriers And Work Trucks Fitted With A Crane - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCrane Price in Thailand - 2023
Contents:
- Crane Price in Thailand (CIF) - 2022
- Crane Price in Thailand (FOB) - 2022
- Crane Imports in Thailand
- Crane Exports in Thailand
Crane Price in Thailand (CIF) - 2022
The average crane import price stood at $9,378 per unit in 2022, falling by -15.6% against the previous year. In general, the import price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2019 an increase of 38%. As a result, import price attained the peak level of $13,943 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($61,068 per unit), while the price for China ($8,316 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Crane Price in Thailand (FOB) - 2022
The average crane export price stood at $13,107 per unit in 2022, with an increase of 14% against the previous year. Overall, the export price, however, saw a mild decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 21%. Over the period under review, the average export prices reached the maximum at $15,180 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($31,537 per unit), while the average price for exports to Brazil ($3,845 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 (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Crane Imports in Thailand
In 2022, the amount of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane imported into Thailand surged to 20K units, increasing by 34% on the year before. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, crane imports rose markedly to $183M in 2022. In general, imports, however, continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, imports attained the peak figure at $209M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Crane in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 82.7 | 38.5 | 50.6 | 110 | 10.0% |
| Japan | 62.1 | 36.8 | 39.9 | 28.5 | -22.9% |
| South Korea | 3.1 | 2.2 | 13.5 | 7.7 | 35.4% |
| Germany | 29.6 | 6.6 | 5.4 | 6.4 | -40.0% |
| Italy | 1.9 | 6.9 | 2.8 | 6.2 | 48.3% |
| Netherlands | 0.7 | 0.8 | 15.1 | 5.4 | 97.6% |
| Others | 28.9 | 20.5 | 34.7 | 18.7 | -13.5% |
| Total | 209 | 112 | 162 | 183 | -4.3% |
Top Suppliers of Crane to Thailand in 2022:
- China (13.3K units)
- Japan (3.4K units)
- Netherlands (0.6K units)
- Italy (0.4K units)
- South Korea (0.4K units)
- Germany (0.3K units)
Crane Exports in Thailand
Crane exports from Thailand contracted significantly to 4.1K units in 2022, waning by -44.4% against 2021. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, the exports reached the peak of 7.4K units, and then reduced sharply in the following year.
In value terms, crane exports contracted sharply to $54M in 2022. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 73%. As a result, the exports attained the peak of $85M, and then dropped dramatically in the following year.
| Export of Crane in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.6 | 17.6 | 40.2 | 17.7 | 70.0% |
| United Kingdom | 5.9 | 5.4 | 5.1 | 7.1 | 6.4% |
| Vietnam | 3.2 | 1.1 | 6.7 | 4.8 | 14.5% |
| China | 7.1 | 0.1 | 0.3 | 4.3 | -15.4% |
| Australia | 6.0 | 1.4 | 1.7 | 3.0 | -20.6% |
| South Korea | 2.5 | N/A | N/A | 2.8 | 3.8% |
| Taiwan (Chinese) | 2.0 | 2.2 | 2.1 | 2.6 | 9.1% |
| Russia | 2.5 | 4.0 | 5.0 | 1.4 | -17.6% |
| Singapore | 0.5 | 0.1 | 0.1 | 0.9 | 21.6% |
| Brazil | N/A | N/A | N/A | 0.4 | 0% |
| Peru | 9.2 | N/A | N/A | N/A | 0% |
| Algeria | 3.1 | N/A | N/A | N/A | 0% |
| Canada | 5.2 | N/A | 1.0 | N/A | -56.1% |
| Others | 21.4 | 17.4 | 22.9 | 8.7 | -25.9% |
| Total | 72.3 | 49.2 | 85.2 | 53.8 | -9.4% |
Top Export Markets for Crane from Thailand in 2022:
- United States (1526.0 units)
- Vietnam (871.0 units)
- United Kingdom (339.0 units)
- Singapore (185.0 units)
- Taiwan (Chinese) (137.0 units)
- China (136.0 units)
- South Korea (126.0 units)
- Brazil (99.0 units)
- Australia (97.0 units)
- Russia (80.0 units)
- Peru (11.0 units)
This report provides an in-depth analysis of the crane 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 28221420 - Overhead travelling cranes on fixed support
- Prodcom 28221433 - Mobile lifting frames on tyres and straddle carriers
- Prodcom 28221435 - Transporter cranes, gantry cranes and bridge cranes
- Prodcom 28221440 - Tower cranes and portal or pedestal jib cranes
- Prodcom 28221450 - Self-propelled lifting equipment, of a kind mounted to run on rails in servicing building sites, quarries and the like
- Prodcom 28221460 - Lifting equipment designed for mounting on road vehicles
- Prodcom 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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