Thailand - Oil Or Petrol-Filters For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFuel Filter Price in Thailand - 2023
Contents:
- Fuel Filter Price in Thailand (FOB) - 2023
- Fuel Filter Price in Thailand (CIF) - 2022
- Fuel Filter Exports in Thailand
- Fuel Filter Imports in Thailand
Fuel Filter Price in Thailand (FOB) - 2023
The average fuel filter export price stood at $4.0 per unit in September 2023, with an increase of 10% against the previous month. Over the period under review, the export price recorded a modest increase. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 38% m-o-m. As a result, the export price attained the peak level of $4.5 per unit. From February 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Africa ($17.8 per unit), while the average price for exports to Saudi Arabia ($1.2 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 South Africa (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Fuel Filter Price in Thailand (CIF) - 2022
The average fuel filter import price stood at $2.9 per unit in 2022, falling by -21.2% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 42%. As a result, import price reached the peak level of $12 per unit. From 2019 to 2022, the average import prices remained 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 Germany ($8.4 per unit), while the price for Japan ($1.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+564.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Fuel Filter Exports in Thailand
In 2022, the amount of oil or petrol-filters for internal combustion engines exported from Thailand skyrocketed to 28M units, rising by 23% on the year before. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 64%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, fuel filter exports declined modestly to $104M in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, the exports attained the peak of $106M, and then dropped in the following year.
Export of Fuel Filter in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 16.2 | 18.1 | 23.1 | 16.8 | 1.2% |
Indonesia | 7.8 | 7.4 | 11.0 | 14.4 | 22.7% |
Saudi Arabia | 6.8 | 4.7 | 5.9 | 10.5 | 15.6% |
India | 4.4 | 7.4 | 11.0 | 10.2 | 32.3% |
United Arab Emirates | 27.4 | 3.4 | 3.7 | 3.6 | -49.2% |
Malaysia | 2.4 | 3.1 | 2.6 | 3.5 | 13.4% |
United States | 2.4 | 3.4 | 4.1 | 3.0 | 7.7% |
Philippines | 2.4 | 2.0 | 2.6 | 2.8 | 5.3% |
Australia | 1.8 | 2.2 | 3.0 | 2.2 | 6.9% |
Lao People's Democratic Republic | 1.3 | 1.8 | 1.3 | 1.7 | 9.4% |
Egypt | 2.7 | 2.3 | 2.3 | 1.5 | -17.8% |
Others | 24.0 | 27.4 | 35.6 | 34.0 | 12.3% |
Total | 99.5 | 83.3 | 106 | 104 | 1.5% |
Top Export Markets for Fuel Filter from Thailand in 2022:
- Saudi Arabia (8.1M units)
- Indonesia (6.4M units)
- Japan (2.9M units)
- United States (1.5M units)
- Malaysia (1.0M units)
- Australia (0.8M units)
- United Arab Emirates (0.8M units)
- Lao People's Democratic Republic (0.7M units)
- Egypt (0.6M units)
- Philippines (0.5M units)
- India (0.4M units)
Fuel Filter Imports in Thailand
For the fourth consecutive year, Thailand recorded growth in purchases abroad of oil or petrol-filters for internal combustion engines, which increased by 27% to 21M units in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 68%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, fuel filter imports stood at $63M in 2022. Over the period under review, imports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Over the period under review, imports hit record highs at $67M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Fuel Filter in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 23.2 | 12.4 | 12.4 | 13.3 | -16.9% |
China | 13.9 | 8.7 | 12.5 | 12.9 | -2.5% |
Indonesia | 8.5 | 6.8 | 10.1 | 9.4 | 3.4% |
Germany | 5.8 | 4.5 | 5.4 | 7.6 | 9.4% |
United States | 3.4 | 3.1 | 5.4 | 5.4 | 16.7% |
Czech Republic | 0.6 | 1.6 | 3.1 | 2.4 | 58.7% |
Taiwan (Chinese) | 0.3 | 0.8 | 2.5 | 1.2 | 58.7% |
Others | 11.3 | 10.1 | 11.2 | 10.4 | -2.7% |
Total | 67.0 | 48.0 | 62.7 | 62.7 | -2.2% |
Top Suppliers of Fuel Filter to Thailand in 2022:
- Japan (8.0M units)
- China (4.4M units)
- Indonesia (3.9M units)
- United States (1.0M units)
- Germany (0.9M units)
- Czech Republic (0.5M units)
- Taiwan (Chinese) (0.4M units)
This report provides an in-depth analysis of the fuel filter 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 28291330 - Oil or petrol-filters for internal combustion engines
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
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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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