Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Thailand - 2024
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Thailand (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Thailand (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Thailand
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Thailand
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Thailand (CIF) - 2022
In 2022, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $291,347 per unit, shrinking by -17.3% against the previous year. Overall, the import price recorded a deep reduction. The pace of growth was the most pronounced in 2019 an increase of 128%. The import price peaked at $3,576,220 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,808,316 per unit), while the price for Japan ($194,871 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 (-8.3%), while the prices for the other major suppliers experienced a decline.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Thailand (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $253,928 per unit in 2022, which is down by -81.5% against the previous year. Over the period under review, the export price saw a abrupt setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 219% against the previous year. As a result, the export price attained the peak level of $2,910,617 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,363,363 per unit), while the average price for exports to China ($10 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 Myanmar (+323.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Thailand
In 2022, approx. 455 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were imported into Thailand; rising by 58% compared with 2021 figures. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 3,500% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs skyrocketed to $133M in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 721%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | 65.8 | 67.1 | 2.0% |
| Japan | N/A | N/A | 22.4 | 38.6 | 72.3% |
| United States | 42.8 | 10.4 | 10.6 | 16.3 | -27.5% |
| Others | 6.4 | 2.0 | 2.8 | 10.6 | 18.3% |
| Total | 49.2 | 12.4 | 102 | 133 | 39.3% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Thailand in 2022:
- Sweden (241.0 units)
- Japan (198.0 units)
- United States (9.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Thailand
In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs exported from Thailand skyrocketed to 26 units, rising by 117% on the previous year's figure. Overall, exports recorded mild growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs contracted markedly to $6.6M in 2022. In general, exports, however, recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. The exports peaked at $21M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.9 | 6.3 | N/A | 2.0 | 1.7% |
| United States | 4.0 | 4.3 | 8.5 | 1.4 | -29.5% |
| Canada | 1.2 | 0.1 | 1.3 | 1.3 | 2.7% |
| Italy | 7.0 | N/A | 0.9 | 1.2 | -44.4% |
| Myanmar | N/A | 0.7 | 1.5 | 0.7 | 0.0% |
| China | N/A | N/A | N/A | N/A | 0% |
| Netherlands | 3.8 | N/A | N/A | N/A | 0% |
| Australia | N/A | N/A | N/A | N/A | 0% |
| Others | 3.0 | 0.2 | 4.4 | N/A | 21.1% |
| Total | 20.9 | 11.6 | 16.5 | 6.6 | -31.9% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Thailand in 2022:
- Italy (18.0 units)
- United Kingdom (3.0 units)
- Canada (1.0 units)
- United States (1.0 units)
- Australia (1.0 units)
- Myanmar (1.0 units)
- China (1.0 units)
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