Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Thailand - 2024
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Thailand (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Thailand (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Thailand
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Thailand
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Thailand (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $8.2 per unit, which is down by -18.6% against the previous year. Overall, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 49%. As a result, import price attained the peak level of $36 per unit. From 2016 to 2022, the average 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 ($25 per unit), while the price for China ($6.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Thailand (FOB) - 2022
The average export price for electric motors and generators stood at $13 per unit in 2022, dropping by -15.1% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 electric motors and generators decreased by -29.1% against 2018 indices. The pace of growth appeared the most rapid in 2016 an increase of 39%. The export price peaked at $19 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($58 per unit), while the average price for exports to Germany ($6.2 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 the Czech Republic (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Thailand
In 2022, the amount of electric motors and generators imported into Thailand surged to 41M units, with an increase of 19% compared with 2021. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of electric motors and generators dropped slightly to $340M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of $352M, and then declined modestly in the following year.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 155 | 158 | 187 | 197 | 8.3% |
| Japan | 73.9 | 77.8 | 75.1 | 36.8 | -20.7% |
| Indonesia | 20.1 | 18.3 | 23.5 | 23.1 | 4.7% |
| Vietnam | 4.2 | 15.1 | 21.1 | 15.6 | 54.9% |
| United States | 7.2 | 6.3 | 6.6 | 15.4 | 28.8% |
| South Korea | 5.4 | 4.3 | 4.4 | 3.1 | -16.9% |
| Others | 21.7 | 18.0 | 34.2 | 48.9 | 31.1% |
| Total | 288 | 298 | 352 | 340 | 5.7% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Thailand in 2022:
- China (31.3M units)
- Indonesia (3.3M units)
- Vietnam (2.1M units)
- Japan (1.5M units)
- United States (0.8M units)
- South Korea (0.5M units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Thailand
In 2022, exports of electric motors and generators from Thailand rose notably to 7M units, growing by 11% against the previous year. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 86%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of electric motors and generators fell to $92M in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 60%. As a result, the exports attained the peak of $98M, and then declined in the following year.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 12.4 | 27.6 | 42.9 | 53.0 | 62.3% |
| Germany | 0.7 | 2.1 | 8.2 | 10.9 | 149.7% |
| United States | 5.4 | 8.3 | 13.5 | 7.4 | 11.1% |
| Malaysia | 2.1 | 2.5 | 2.8 | 1.8 | -5.0% |
| China | 1.2 | 1.0 | 0.9 | 1.7 | 12.3% |
| Hong Kong SAR | 9.0 | 10.7 | 11.5 | 1.1 | -50.4% |
| Vietnam | 2.9 | 1.2 | 0.6 | 0.3 | -53.1% |
| Others | 7.6 | 8.0 | 17.6 | 15.7 | 27.4% |
| Total | 41.3 | 61.4 | 98.0 | 92.0 | 30.6% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Thailand in 2022:
- Japan (4253.7K units)
- Germany (1772.7K units)
- Malaysia (147.8K units)
- United States (126.4K units)
- China (104.5K units)
- Hong Kong SAR (72.3K units)
- Vietnam (26.5K units)
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