Thailand - Escalators And Moving Walkways - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Thailand - Escalators And Moving Walkways - Market Analysis, Forecast, Size, Trends and Insights

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Escalator Price in Thailand - 2023

Contents:

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

Escalator Price in Thailand (CIF) - 2022

The average escalator import price stood at $18,884 per unit in 2022, reducing by -6.7% against the previous year. In general, the import price showed a abrupt setback. The growth pace was the most rapid in 2017 when the average import price increased by 20%. As a result, import price reached the peak level of $42,821 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -5.9% per year.

Escalator Price in Thailand (FOB) - 2022

The average escalator export price stood at $40,495 per unit in 2022, declining by -1.7% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, escalator export price increased by +40.5% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 43% against the previous year. The export price peaked at $44,665 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($66,797 per unit), while the average price for exports to Sri Lanka ($27,030 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 Taiwan (Chinese) (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Escalator Imports in Thailand

In 2022, after three years of growth, there was significant decline in overseas purchases of escalators and moving WalkWays, when their volume decreased by -24.3% to 767 units. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 112%. Imports peaked at 1K units in 2021, and then fell markedly in the following year.

In value terms, escalator imports reduced sharply to $14M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 53%. As a result, imports attained the peak of $22M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Escalator in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.821.820.514.51.7%
Others0.50.2N/AN/A-60.0%
Total14.322.020.514.50.5%

Top Suppliers of Escalator to Thailand in 2022:

  1. China (755.0 units)

Escalator Exports in Thailand

In 2022, overseas shipments of escalators and moving WalkWays were finally on the rise to reach 252 units after two years of decline. Over the period under review, exports, however, showed a noticeable decline. Over the period under review, the exports attained the maximum at 282 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, escalator exports skyrocketed to $10M in 2022. Overall, exports, however, recorded a abrupt shrinkage. The exports peaked at $12M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Escalator in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR3292392,4612,61599.6%
Indonesia3171653481,79078.1%
PakistanN/AN/AN/A1,6700%
Vietnam1,437690505842-16.3%
Japan1,1511,4263,510688-15.8%
EcuadorN/AN/AN/A6320%
Taiwan (Chinese)1,432349N/A464-31.3%
India1,662N/AN/A326-41.9%
Sri LankaN/AN/A106324205.7%
Saudi Arabia4922,237248221-23.4%
Colombia1,30321675.3N/A-76.0%
GermanyN/A0.1N/AN/A0%
Egypt913N/A162N/A-57.9%
Others3,4402,458702633-43.1%
Total12,4757,7808,11810,205-6.5%

Top Export Markets for Escalator from Thailand in 2022:

  1. Indonesia (64.0 units)
  2. Hong Kong SAR (54.0 units)
  3. Pakistan (25.0 units)
  4. Vietnam (25.0 units)
  5. Japan (17.0 units)
  6. Ecuador (15.0 units)
  7. Sri Lanka (12.0 units)
  8. India (11.0 units)
  9. Taiwan (Chinese) (8.0 units)
  10. Saudi Arabia (6.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the escalator 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 28221670 - Escalators and moving walkways

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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