Price for Floating or Submersible Drilling or Production Platforms in Thailand - 2024

Contents:

1. Price for Floating or Submersible Drilling or Production Platforms in Thailand (CIF) - 2022
2. Price for Floating or Submersible Drilling or Production Platforms in Thailand (FOB) - 2022
3. Imports of Floating or Submersible Drilling or Production Platforms in Thailand
4. Exports of Floating or Submersible Drilling or Production Platforms in Thailand

Price for Floating or Submersible Drilling or Production Platforms in Thailand (CIF) - 2022

In 2022, the average import price for floating or submersible drilling or production platformses amounted to $58,388,860 per unit, surging by 6.1% against the previous year. In general, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 152%. As a result, import price attained the peak level of $387,863,018 per unit. From 2014 to 2022, the average import prices remained at a 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 Singapore ($99,727,842 per unit), while the price for China ($15,974,483 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Liberia (+10.2%), while the prices for the other major suppliers experienced a decline.

Price for Floating or Submersible Drilling or Production Platforms in Thailand (FOB) - 2022

In 2022, the average export price for floating or submersible drilling or production platformses amounted to $45,598,898 per unit, therefore, remained relatively stable against the previous year. Overall, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 647% against the previous year. As a result, the export price attained the peak level of $501,979,102 per unit. From 2014 to 2022, the average 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 Singapore ($83,641,713 per unit), while the average price for exports to Hong Kong SAR ($15 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 Philippines (+253,334.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Floating or Submersible Drilling or Production Platforms in Thailand

In 2022, after three years of growth, there was decline in supplies from abroad of floating or submersible drilling or production platformses, when their volume decreased by 0% to 5 units. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 150% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of floating or submersible drilling or production platformses rose sharply to $292M in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 106% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Floating or Submersible Drilling or Production Platforms to Thailand in 2022:

1. Panama (3.0 units)
2. China (1.0 units)
3. Singapore (1.0 units)

Exports of Floating or Submersible Drilling or Production Platforms in Thailand

In 2022, shipments abroad of floating or submersible drilling or production platformses decreased by 0% to 4 units, falling for the second consecutive year after two years of growth. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 50% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of floating or submersible drilling or production platformses stood at $182M in 2022. In general, exports showed a significant contraction. The smallest decline of -58.9% was in 2020. The exports peaked at $362M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Floating or Submersible Drilling or Production Platforms from Thailand in 2022:

1. Singapore (2.0 units)
2. Indonesia (1.0 units)
3. Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform