Thailand - Non-Household Ventilation Fans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Household Fan Price in Thailand - 2023
Contents:
- Non-Household Fan Price in Thailand (FOB) - 2023
- Non-Household Fan Price in Thailand (CIF) - 2023
- Non-Household Fan Exports in Thailand
- Non-Household Fan Imports in Thailand
Non-Household Fan Price in Thailand (FOB) - 2023
The average non-household fan export price stood at $6.4 per unit in September 2023, falling by -5.9% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 12% month-to-month. As a result, the export price reached the peak level of $7.5 per unit. From August 2023 to September 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Canada ($11.7 per unit), while the average price for exports to Portugal ($2.8 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 Slovakia (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Household Fan Price in Thailand (CIF) - 2023
The average non-household fan import price stood at $5.0 per unit in September 2023, remaining constant against the previous month. Over the period under review, the import price, however, showed a mild curtailment. The most prominent rate of growth was recorded in May 2023 an increase of 20% month-to-month. Over the period under review, average import prices hit record highs at $6.2 per unit in June 2023; however, from July 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($12.1 per unit), while the price for Cambodia ($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 attained by Vietnam (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Household Fan Exports in Thailand
For the fourth year in a row, Thailand recorded growth in overseas shipments of non-household ventilation fans, which increased by 40% to 18M units in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 150% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, non-household fan exports skyrocketed to $484M in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Non-Household Fan in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 53.5 | 69.7 | 106 | 137 | 36.8% |
| China | 19.5 | 29.2 | 60.0 | 87.2 | 64.8% |
| Germany | 28.3 | 28.5 | 37.1 | 44.0 | 15.8% |
| Portugal | 17.7 | 15.2 | 17.9 | 23.6 | 10.1% |
| Mexico | 6.3 | 8.7 | 14.9 | 21.9 | 51.5% |
| Japan | 11.9 | 15.3 | 20.6 | 20.9 | 20.7% |
| Canada | 12.8 | 17.1 | 19.0 | 16.2 | 8.2% |
| India | 3.2 | 3.3 | 7.8 | 14.2 | 64.3% |
| Malaysia | 5.8 | 5.7 | 6.3 | 10.4 | 21.5% |
| Vietnam | 8.5 | 7.5 | 7.4 | 9.7 | 4.5% |
| Czech Republic | 5.9 | 6.1 | 6.2 | 8.0 | 10.7% |
| Hong Kong SAR | 4.9 | 6.1 | 8.4 | 7.9 | 17.3% |
| Slovakia | 5.2 | 5.1 | 6.1 | 7.5 | 13.0% |
| Others | 43.3 | 51.0 | 59.2 | 74.7 | 19.9% |
| Total | 227 | 268 | 377 | 484 | 28.7% |
Top Export Markets for Non-Household Fan from Thailand in 2022:
- United States (5.0M units)
- China (3.4M units)
- Germany (1.8M units)
- Portugal (1.0M units)
- Mexico (0.9M units)
- Japan (0.8M units)
- Canada (0.6M units)
- Czech Republic (0.4M units)
- India (0.4M units)
- Malaysia (0.4M units)
- Vietnam (0.4M units)
- Slovakia (0.3M units)
- Hong Kong SAR (0.3M units)
Non-Household Fan Imports in Thailand
In 2022, overseas purchases of non-household ventilation fans decreased by -16.2% to 33M units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 96%. Over the period under review, imports reached the maximum at 40M units in 2021, and then fell markedly in the following year.
In value terms, non-household fan imports declined rapidly to $197M in 2022. The total import value increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. Imports peaked at $234M in 2021, and then dropped significantly in the following year.
| Import of Non-Household Fan in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 57.9 | 104 | 110 | 94.8 | 17.9% |
| Vietnam | 12.8 | 19.4 | 24.2 | 23.1 | 21.7% |
| Japan | 16.6 | 11.5 | 12.6 | 12.5 | -9.0% |
| Cambodia | 4.5 | 7.0 | 9.2 | 11.3 | 35.9% |
| United States | 6.7 | 6.5 | 7.9 | 9.8 | 13.5% |
| Germany | 8.8 | 8.7 | 11.3 | 7.8 | -3.9% |
| Taiwan (Chinese) | 4.4 | 5.8 | 4.8 | 4.2 | -1.5% |
| Malaysia | 14.2 | 7.3 | 7.6 | 3.6 | -36.7% |
| India | 1.3 | 1.5 | 4.3 | 3.0 | 32.1% |
| South Korea | 2.5 | 3.1 | 8.3 | 2.7 | 2.6% |
| Italy | 8.8 | 4.2 | 9.8 | 2.3 | -36.1% |
| Others | 16.6 | 19.9 | 24.5 | 21.8 | 9.5% |
| Total | 155 | 199 | 234 | 197 | 8.3% |
Top Suppliers of Non-Household Fan to Thailand in 2022:
- China (23.0M units)
- Japan (2.5M units)
- Vietnam (1.4M units)
- Taiwan (Chinese) (0.8M units)
- India (0.7M units)
- Cambodia (0.7M units)
- United States (0.7M units)
- Malaysia (0.6M units)
- South Korea (0.5M units)
- Germany (0.4M units)
- Italy (0.3M units)
This report provides an in-depth analysis of the non-household fan 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 28252030 - Axial fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output . .125 W)
- Prodcom 28252050 - Centrifugal fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output. .125 W)
- Prodcom 28252070 - Fans (excluding table, floor, wall, ceiling or roof fans with a self-contained electric motor of an output . .125 W, axial fans, c entrifugal fans)
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
-
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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