Price for Steam and Other Vapour Turbines, for Marine Propulsion in Thailand - 2023

Contents:

  1. Price for Steam and Other Vapour Turbines, for Marine Propulsion in Thailand (FOB) - 2022
  2. Price for Steam and Other Vapour Turbines, for Marine Propulsion in Thailand (CIF) - 2022
  3. Exports of Steam and Other Vapour Turbines, for Marine Propulsion in Thailand
  4. Imports of Steam and Other Vapour Turbines, for Marine Propulsion in Thailand

Price for Steam and Other Vapour Turbines, for Marine Propulsion in Thailand (FOB) - 2022

In 2022, the average export price for steam and other vapour turbines, for marine propulsia amounted to $495,631 per unit, approximately mirroring the previous year. Overall, the export price recorded significant growth. The most prominent rate of growth was recorded in 2013 an increase of 8,387% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +239.7% per year.

Price for Steam and Other Vapour Turbines, for Marine Propulsion in Thailand (CIF) - 2022

In 2022, the average import price for steam and other vapour turbines, for marine propulsia amounted to $6,263 per unit, dropping by -97.6% against the previous year. Over the period under review, the import price saw a dramatic descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 5,961%. As a result, import price reached the peak level of $542,299 per unit. From 2016 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 Japan ($27,611 per unit), while the price for Germany ($235 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-21.1%), while the prices for the other major suppliers experienced a decline.

Exports of Steam and Other Vapour Turbines, for Marine Propulsion in Thailand

In 2022, approx. 1 units of steam and other vapour turbines, for marine propulsia were exported from Thailand; approximately equating the previous year. Over the period under review, exports faced a dramatic decrease. The smallest decline of 99.9% was in 2021. The exports peaked at 3 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of steam and other vapour turbines, for marine propulsia amounted to $496K in 2022. In general, exports posted significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Steam and Other Vapour Turbines, for Marine Propulsion in Thailand (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
JapanN/AN/A4960%
Hong Kong SAR0.4N/AN/A0%
United States0.2N/AN/A0%
OthersN/AN/AN/A0%
Total0.6N/A4962775.2%

Top Export Markets for Steam and Other Vapour Turbines, for Marine Propulsion from Thailand in 2022:

  1. Japan (1.0 units)

Imports of Steam and Other Vapour Turbines, for Marine Propulsion in Thailand

After three years of growth, overseas purchases of steam and other vapour turbines, for marine propulsia decreased by -44.4% to 5 units in 2022. Overall, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 75% against the previous year. Imports peaked at 9 units in 2021, and then declined rapidly in the following year.

In value terms, imports of steam and other vapour turbines, for marine propulsia fell dramatically to $31K in 2022. Over the period under review, imports recorded a sharp shrinkage. The growth pace was the most rapid in 2020 when imports increased by 837% against the previous year. Imports peaked at $2.4M in 2021, and then shrank remarkably in the following year.

Import of Steam and Other Vapour Turbines, for Marine Propulsion in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan50.9N/AN/A27.6-18.5%
United StatesN/A0.4N/A2.5150.0%
ChinaN/A9792,3970.6-97.5%
GermanyN/AN/AN/A0.20%
South KoreaN/AN/A0.5N/A0%
United Kingdom1.70.6N/AN/A-64.7%
India51.90.4N/AN/A-99.2%
AustraliaN/AN/A0.3N/A0%
OthersN/AN/AN/A0.40%
Total1059802,39831.3-33.2%

Top Suppliers of Steam and Other Vapour Turbines, for Marine Propulsion to Thailand in 2022:

  1. United States (1.0 units)
  2. Japan (1.0 units)
  3. Germany (1.0 units)
  4. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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