Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Thailand - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Thailand (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Thailand (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Thailand
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Thailand
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Thailand (CIF) - 2022
The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $1,025 per unit in 2022, shrinking by -66.1% against the previous year. In general, the import price recorded a deep downturn. The growth pace was the most rapid in 2014 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the peak figure at $6,744 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($7,639 per unit), while the price for Poland ($652 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Thailand (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $5,533 per unit, dropping by -7.4% against the previous year. Overall, the export price, however, showed mild growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 109% against the previous year. Over the period under review, the average export prices attained the peak figure at $16,264 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
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 Lao People's Democratic Republic ($9,906 per unit), while the average price for exports to China ($2,282 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 Hong Kong SAR (+152.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Thailand
For the fourth consecutive year, Thailand recorded growth in overseas purchases of electric motors; AC motors, multi-phase, of an output exceeding 75kWs, which increased by 36% to 30K units in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 119%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs dropped rapidly to $31M in 2022. Overall, imports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of 98%. Imports peaked at $67M in 2021, and then shrank significantly in the following year.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.4 | 11.4 | 13.8 | 16.5 | 25.2% |
| Japan | 4.6 | 35.2 | 24.9 | 2.9 | -14.3% |
| Finland | 2.6 | 1.9 | 2.7 | 2.7 | 1.3% |
| Czech Republic | 0.9 | 1.1 | 2.6 | 1.7 | 23.6% |
| Germany | 5.1 | 7.9 | 7.7 | 1.7 | -30.7% |
| Taiwan (Chinese) | 1.4 | 0.7 | 0.3 | 0.6 | -24.6% |
| Others | 10.5 | 8.0 | 15.4 | 4.9 | -22.4% |
| Total | 33.5 | 66.2 | 67.4 | 31.0 | -2.6% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Thailand in 2022:
- China (24.4K units)
- Czech Republic (1.2K units)
- Finland (0.7K units)
- Germany (0.5K units)
- Japan (0.4K units)
- Taiwan (Chinese) (0.3K units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Thailand
In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs exported from Thailand skyrocketed to 2.4K units, with an increase of 44% against 2021. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 480%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs soared to $13M in 2022. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 253% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | 0.1 | 9.1 | 12.4 | 1013.6% |
| Lao People's Democratic Republic | 0.6 | 2.2 | 0.5 | 0.7 | 5.3% |
| Germany | 0.5 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.6 | 0.3 | 0.2 | -12.6% |
| Total | 1.4 | 2.8 | 10.0 | 13.3 | 111.8% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Thailand in 2022:
- Japan (2271.0 units)
- Lao People's Democratic Republic (75.0 units)
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