Liquid Elevators Price in Thailand - 2023

Contents:

  1. Liquid Elevators Price in Thailand (CIF) - 2022
  2. Liquid Elevators Price in Thailand (FOB) - 2022
  3. Liquid Elevators Imports in Thailand
  4. Liquid Elevators Exports in Thailand

Liquid Elevators Price in Thailand (CIF) - 2022

In 2022, the average liquid elevators import price amounted to $93 per unit, increasing by 112% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt curtailment. The import price peaked at $809 per unit in 2014; however, from 2015 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 South Korea ($601 per unit), while the price for China ($33 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.9%), while the prices for the other major suppliers experienced a decline.

Liquid Elevators Price in Thailand (FOB) - 2022

The average liquid elevators export price stood at $274 per unit in 2022, increasing by 95% against the previous year. Over the period under review, the export price, however, saw a deep reduction. Over the period under review, the average export prices reached the peak figure at $2,176 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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 Malaysia ($2,888 per unit), while the average price for exports to Maldives ($65 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 Italy (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Elevators Imports in Thailand

In 2022, after three years of growth, there was significant decline in overseas purchases of liquid elevatorses, when their volume decreased by -57.3% to 9.5K units. Over the period under review, imports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 94%. Over the period under review, imports reached the maximum at 22K units in 2021, and then contracted rapidly in the following year.

In value terms, liquid elevators imports shrank to $884K in 2022. Overall, imports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 16%. As a result, imports attained the peak of $2.5M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Liquid Elevators in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China569733808230-26.1%
United Kingdom39.50.73.022378.1%
United States29812327.7165-17.9%
South Korea7.034032.392.0136.0%
Germany2171,14119.859.6-35.0%
Spain15.620.214.822.212.5%
India4720.14.38.2-74.1%
Others52212465.583.9-45.6%
Total2,1402,482976884-25.5%

Top Suppliers of Liquid Elevators to Thailand in 2022:

  1. China (7.0K units)
  2. United Kingdom (1.0K units)
  3. United States (0.5K units)
  4. Spain (0.3K units)
  5. Germany (0.2K units)
  6. South Korea (0.2K units)
  7. India (0.1K units)

Liquid Elevators Exports in Thailand

In 2022, approx. 1.1K units of liquid elevatorses were exported from Thailand; surging by 7% on the year before. The total export volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, liquid elevators exports skyrocketed to $293K in 2022. In general, exports, however, recorded a precipitous shrinkage. The exports peaked at $735K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Liquid Elevators in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/A9.889.5813.3%
VietnamN/A1.6N/A89.4647.5%
Myanmar0.334.561.081.5547.7%
Lao People's Democratic Republic61.50.248.221.9-29.1%
MaldivesN/AN/A0.11.41300.0%
China6671692.20.9-88.9%
SpainN/A0.6N/AN/A0%
Others6.80.819.07.95.1%
Total735207140293-26.4%

Top Export Markets for Liquid Elevators from Thailand in 2022:

  1. Myanmar (900.0 units)
  2. Vietnam (67.0 units)
  3. Lao People's Democratic Republic (34.0 units)
  4. Malaysia (31.0 units)
  5. Maldives (21.0 units)
  6. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Liquid elevators - Thailand