Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Thailand - 2023

Contents:

1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Thailand (CIF) - 2022
2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Thailand (FOB) - 2022
3. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Thailand
4. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Thailand

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Thailand (CIF) - 2022

In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $12,562 per unit, rising by 16% against the previous year. Overall, the import price saw a mild expansion. The pace of growth was the most pronounced in 2021 an increase of 152% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($40,076 per unit), while the price for Malaysia ($1,079 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+59.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Thailand (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $12,873 per unit in 2022, surging by 88% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion decreased by -15.2% against 2020 indices. Over the period under review, the average export prices reached the maximum at $15,186 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($19,874 per unit), while the average price for exports to Myanmar ($1,911 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 Bangladesh (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Thailand

In 2022, the amount of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion imported into Thailand declined remarkably to 398 units, dropping by -31.6% against 2021 figures. Overall, imports faced a precipitous setback. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. Over the period under review, imports of reached the maximum at 1.6K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion dropped dramatically to $5M in 2022. In general, imports, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2021 when imports increased by 219%. As a result, imports reached the peak of $6.3M, and then dropped sharply in the following year.

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Thailand in 2022:

1. Germany (112.0 units)
2. China (88.0 units)
3. Japan (77.0 units)
4. Singapore (42.0 units)
5. United States (22.0 units)
6. Malaysia (18.0 units)
7. Australia (14.0 units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Thailand

In 2022, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion from Thailand reduced sharply to 90 units, dropping by -61.9% against the year before. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 413%. As a result, the exports attained the peak of 236 units, and then shrank remarkably in the following year.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion contracted dramatically to $1.2M in 2022. In general, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 132% against the previous year. As a result, the exports attained the peak of $1.6M, and then shrank remarkably in the following year.

Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion from Thailand in 2022:

1. France (42.0 units)
2. Malaysia (12.0 units)
3. Myanmar (11.0 units)
4. Japan (8.0 units)
5. Cambodia (5.0 units)
6. Singapore (4.0 units)
7. Bangladesh (2.0 units)

Source: IndexBox Market Intelligence Platform