Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Thailand - 2024
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Thailand (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Thailand (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Thailand
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Thailand
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power 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 exceeding 5000kWs amounted to $3,100,163 per unit, waning by -7.2% against the previous year. Over the period under review, the import price showed a deep setback. The growth pace was the most rapid in 2016 an increase of 115%. The import price peaked at $6,681,647 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 ($5,185,274 per unit), while the price for Sweden ($1,954,293 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-2.6%), 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 Exceeding 5000kW in Thailand (FOB) - 2022
In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $3,377,817 per unit, with an increase of 24% against the previous year. Overall, the export price posted a slight increase. The growth pace was the most rapid in 2013 when the average export price increased by 84% against the previous year. Over the period under review, the average export prices hit record highs at $11,983,669 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($6,701,281 per unit), while the average price for exports to Myanmar ($714,473 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 Japan (+45.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Thailand
In 2022, approx. 52 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs were imported into Thailand; with an increase of 79% compared with the previous year. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs surged to $161M in 2022. In general, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 14.4 | 0.6 | 3.0 | 67.4 | 67.3% |
| Sweden | 23.4 | 13.1 | 26.0 | 50.8 | 29.5% |
| United States | 56.2 | 32.9 | 54.6 | 31.4 | -17.6% |
| United Kingdom | 9.9 | 4.9 | 9.0 | 9.6 | -1.0% |
| Italy | N/A | 5.0 | N/A | 2.0 | -36.8% |
| Hungary | 5.0 | 5.4 | N/A | N/A | 8.0% |
| Canada | 2.3 | 10.8 | 2.1 | N/A | -4.4% |
| Others | N/A | N/A | 2.3 | N/A | 0% |
| Total | 111 | 72.8 | 96.9 | 161 | 13.2% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Thailand in 2022:
- Sweden (26.0 units)
- Japan (13.0 units)
- United States (10.0 units)
- United Kingdom (2.0 units)
- Italy (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Thailand
In 2022, shipments abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs decreased by -9.1% to 20 units, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 50%. As a result, the exports reached the peak of 36 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs rose significantly to $68M in 2022. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, the exports reached the peak of $117M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 7.4 | 7.4 | 9.6 | 26.3 | 52.6% |
| United Kingdom | 4.0 | 3.9 | 13.8 | 13.4 | 49.6% |
| Germany | 21.0 | 29.7 | N/A | 9.8 | -22.4% |
| United States | 53.2 | 37.0 | 19.2 | 7.9 | -47.0% |
| Singapore | N/A | N/A | N/A | 4.4 | 0% |
| Czech Republic | N/A | N/A | N/A | 3.2 | 0% |
| Myanmar | 2.8 | N/A | N/A | 1.4 | -20.6% |
| Canada | 12.9 | 27.1 | 12.1 | 1.1 | -56.0% |
| Belgium | N/A | N/A | 3.2 | N/A | 0% |
| Sweden | N/A | 6.4 | 1.3 | N/A | -79.7% |
| Others | N/A | 5.6 | 0.7 | N/A | -87.5% |
| Total | 101 | 117 | 59.7 | 67.6 | -12.5% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Thailand in 2022:
- Japan (6.0 units)
- United States (5.0 units)
- Myanmar (2.0 units)
- United Kingdom (2.0 units)
- Germany (2.0 units)
- Canada (1.0 units)
- Czech Republic (1.0 units)
- Singapore (1.0 units)
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