Report Update: Apr 1, 2024

Thailand - Machinery for Liquefying Air or Gases - Market Analysis, Forecast, Size, Trends And Insights

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Price for Air or Gas Liquefier in Thailand - 2023

Price for Air or Gas Liquefier in Thailand (CIF) - 2022

In 2022, the average air or gas liquefier import price amounted to $140,077 per unit, jumping by 135% against the previous year. In general, the import price, however, showed a precipitous shrinkage. The growth pace was the most rapid in 2019 when the average import price increased by 170%. Over the period under review, average import prices attained the maximum at $4,511,869 per unit in 2013; however, from 2014 to 2022, import prices stood 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 Malaysia ($208,600 per unit), while the price for Hong Kong SAR ($225 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-5.1%), while the prices for the other major suppliers experienced a decline.

Price for Air or Gas Liquefier in Thailand (FOB) - 2022

In 2022, the average air or gas liquefier export price amounted to $19,690 per unit, increasing by 476% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 1,502% against the previous year. As a result, the export price attained the peak level of $354,078 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($37,623 per unit), while the average price for exports to Lao People's Democratic Republic ($27 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 Indonesia (+3.0%), while the prices for the other major destinations experienced a decline.

Imports of Air or Gas Liquefier in Thailand

In 2022, supplies from abroad of machinery for liquefying air or gases decreased by -43.9% to 37 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 650% against the previous year. Imports peaked at 66 units in 2021, and then contracted significantly in the following year.

In value terms, air or gas liquefier imports surged to $5.1M in 2022. Overall, imports, however, saw notable growth. The pace of growth appeared the most rapid in 2021 when imports increased by 67%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Air or Gas Liquefier in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	563	972	3,066	4,060	93.2%
Taiwan (Chinese)	N/A	762	258	266	-40.9%
Malaysia	125	294	104	148	5.8%
Netherlands	51.2	N/A	N/A	0.6	-77.3%
Hong Kong SAR	N/A	3.3	7.8	0.2	-75.4%
Spain	N/A	94.8	N/A	N/A	0%
Hungary	N/A	2.5	N/A	N/A	0%
United Kingdom	N/A	N/A	25.8	N/A	0%
Poland	N/A	0.9	N/A	N/A	0%
United Arab Emirates	N/A	N/A	2.7	N/A	0%
Italy	N/A	N/A	99.2	N/A	0%
Israel	20.0	21.0	55.3	N/A	66.3%
Others	3,765	187	291	654	-44.2%
Total	4,524	2,337	3,910	5,129	4.3%

Top Suppliers of Air or Gas Liquefier to Thailand in 2022:

China (29.0 units)
Taiwan (Chinese) (5.0 units)
Malaysia (1.0 units)
Netherlands (1.0 units)
Hong Kong SAR (1.0 units)

Exports of Air or Gas Liquefier in Thailand

For the fourth year in a row, Thailand recorded growth in overseas shipments of machinery for liquefying air or gases, which increased by 26% to 24 units in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 280%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, air or gas liquefier exports soared to $481K in 2022. Overall, exports, however, continue to indicate a dramatic descent. Over the period under review, the exports attained the peak figure at $1.9M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Air or Gas Liquefier in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	N/A	N/A	N/A	349	0%
Vietnam	4.5	N/A	N/A	66.5	145.4%
Mexico	N/A	N/A	15.2	18.1	19.1%
Myanmar	2.6	N/A	N/A	0.3	-51.3%
Lao People's Democratic Republic	N/A	32.4	N/A	0.2	-92.1%
Nepal	N/A	N/A	27.8	N/A	0%
Philippines	1,869	N/A	N/A	N/A	0%
Others	N/A	21.6	21.8	47.3	48.0%
Total	1,876	54.0	64.9	481	-36.5%

Top Export Markets for Air or Gas Liquefier from Thailand in 2022:

Indonesia (9.0 units)
Lao People's Democratic Republic (7.0 units)
Mexico (7.0 units)
Myanmar (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for air or gas liquefier 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 28251150 - Machinery for liquefying air or other gases

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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