Thailand - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEngine Generator Price in Thailand - 2023
Contents:
- Engine Generator Price in Thailand (FOB) - 2023
- Engine Generator Price in Thailand (CIF) - 2023
- Engine Generator Exports in Thailand
- Engine Generator Imports in Thailand
Engine Generator Price in Thailand (FOB) - 2023
In September 2023, the average engine generator export price amounted to $71.4 per unit, leveling off at the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 16% m-o-m. The export price peaked at $83.3 per unit in April 2023; however, from May 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($110 per unit), while the average price for exports to Japan ($47.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Engine Generator Price in Thailand (CIF) - 2023
The average engine generator import price stood at $145 per unit in September 2023, picking up by 32% against the previous month. Overall, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in January 2023 an increase of 42% m-o-m. Over the period under review, average import prices hit record highs at $185 per unit in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Vietnam ($903 per unit), while the price for Indonesia ($23.2 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Engine Generator Exports in Thailand
In 2022, approx. 1.5M units of generators for internal combustion engines were exported from Thailand; with an increase of 26% compared with the previous year's figure. The total export volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, engine generator exports surged to $110M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% 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 +58.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Engine Generator in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 13.3 | 9.1 | 16.8 | 22.6 | 19.3% |
| Malaysia | 13.1 | 15.2 | 13.4 | 19.3 | 13.8% |
| Japan | 9.9 | 7.9 | 5.6 | 12.8 | 8.9% |
| South Africa | 11.9 | 8.2 | 9.9 | 9.4 | -7.6% |
| Netherlands | 0.1 | 0.1 | 1.2 | 5.4 | 278.0% |
| Vietnam | 3.9 | 3.3 | 4.4 | 5.3 | 10.8% |
| France | N/A | N/A | 0.9 | 4.6 | 411.1% |
| Argentina | 3.8 | 3.8 | 4.8 | 4.1 | 2.6% |
| Philippines | 3.6 | 2.5 | 3.4 | 3.6 | 0.0% |
| Brazil | 6.8 | 3.5 | 3.5 | 3.5 | -19.9% |
| Pakistan | 2.3 | 1.8 | 4.2 | 3.2 | 11.6% |
| India | 0.9 | 0.9 | 1.8 | 3.1 | 51.0% |
| Czech Republic | 6.1 | 5.6 | 3.7 | 2.9 | -22.0% |
| Others | 7.7 | 7.8 | 10.0 | 10.6 | 11.2% |
| Total | 83.3 | 69.6 | 83.8 | 110 | 9.7% |
Top Export Markets for Engine Generator from Thailand in 2022:
- Malaysia (314.2K units)
- Indonesia (263.5K units)
- Japan (207.6K units)
- South Africa (109.1K units)
- Netherlands (69.5K units)
- France (64.7K units)
- Vietnam (63.6K units)
- Czech Republic (60.6K units)
- Philippines (55.1K units)
- Argentina (54.7K units)
- Brazil (51.5K units)
- India (41.9K units)
- Pakistan (38.1K units)
Engine Generator Imports in Thailand
Engine generator imports into Thailand skyrocketed to 1.5M units in 2022, increasing by 109% on 2021. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, engine generator imports skyrocketed to $64M in 2022. Over the period under review, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.3% 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 +52.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Engine Generator in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 20.3 | 15.1 | 17.5 | 24.4 | 6.3% |
| China | 11.0 | 8.1 | 10.3 | 10.4 | -1.9% |
| Vietnam | 0.2 | 0.1 | 0.1 | 8.0 | 242.0% |
| Indonesia | 5.1 | 4.9 | 5.8 | 6.7 | 9.5% |
| Germany | 3.4 | 0.9 | 1.4 | 3.9 | 4.7% |
| United States | 4.2 | 3.4 | 3.4 | 3.0 | -10.6% |
| India | 3.3 | 2.2 | 3.0 | 2.2 | -12.6% |
| South Korea | 4.4 | 1.2 | 1.0 | 0.5 | -51.6% |
| Canada | 1.8 | 0.8 | 0.7 | N/A | -37.6% |
| Others | 4.1 | 5.2 | 3.8 | 4.6 | 3.9% |
| Total | 57.9 | 41.9 | 46.9 | 63.8 | 3.3% |
Top Suppliers of Engine Generator to Thailand in 2022:
- Vietnam (858.8K units)
- Indonesia (283.5K units)
- Japan (175.7K units)
- China (105.6K units)
- India (46.6K units)
- Germany (23.9K units)
- South Korea (7.6K units)
- United States (4.3K units)
- Canada (0.1K units)
This report provides an in-depth analysis of the engine generator 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 29312250 - Generators for internal combustion engines (including dynamos and alternators) (excluding dual-purpose startergenerators)
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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