Thailand - Turbo, Rotary and Reciporating Displacement Compressors - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Turbo, Rotary and Reciporating Displacement Compressors - Market Analysis, Forecast, Size, Trends And Insights

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Price for Turbo, Rotary and Reciporating Displacement Compressor in Thailand - 2023

Contents:

  1. Price for Turbo, Rotary and Reciporating Displacement Compressor in Thailand (CIF) - 2022
  2. Price for Turbo, Rotary and Reciporating Displacement Compressor in Thailand (FOB) - 2023
  3. Imports of Turbo, Rotary and Reciporating Displacement Compressor in Thailand
  4. Exports of Turbo, Rotary and Reciporating Displacement Compressor in Thailand

Price for Turbo, Rotary and Reciporating Displacement Compressor in Thailand (CIF) - 2022

In 2022, the average import price for turbo, rotary and reciporating displacement compressors amounted to $56 per unit, reducing by -23.6% against the previous year. In general, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 33%. Over the period under review, average import prices attained the maximum at $128 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 ($262 per unit), while the price for China ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.5%), while the prices for the other major suppliers experienced a decline.

Price for Turbo, Rotary and Reciporating Displacement Compressor in Thailand (FOB) - 2023

In November 2023, the average export price for turbo, rotary and reciporating displacement compressors amounted to $92.7 per unit, shrinking by -8.5% against the previous month. In general, export price indicated modest growth from November 2022 to November 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for turbo, rotary and reciporating displacement compressors increased by +12.2% against August 2023 indices. The growth pace was the most rapid in April 2023 an increase of 45% m-o-m. Over the period under review, the average export prices reached the maximum at $105 per unit in July 2023; however, from August 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($181 per unit), while the average price for exports to China ($18.7 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo, Rotary and Reciporating Displacement Compressor in Thailand

For the fourth year in a row, Thailand recorded growth in overseas purchases of turbo, rotary and reciporating displacement compressors, which increased by 44% to 17M units in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 45% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of turbo, rotary and reciporating displacement compressors expanded remarkably to $919M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Turbo, Rotary and Reciporating Displacement Compressor in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan27623133637410.7%
China13218523027227.3%
Indonesia54.546.353.561.44.1%
India36.429.545.015.1-25.4%
Others11912016819618.1%
Total61861183391914.1%

Top Suppliers of Turbo, Rotary and Reciporating Displacement Compressor to Thailand in 2022:

  1. China (13.9M units)
  2. Japan (1.4M units)
  3. Indonesia (0.3M units)
  4. India (0.1M units)

Exports of Turbo, Rotary and Reciporating Displacement Compressor in Thailand

In 2022, exports of turbo, rotary and reciporating displacement compressors from Thailand reached 3.9M units, therefore, remained relatively stable against 2021. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 38%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of turbo, rotary and reciporating displacement compressors fell to $334M in 2022. In general, exports, however, saw a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 6.8% against the previous year. As a result, the exports reached the peak of $363M, and then shrank in the following year.

Export of Turbo, Rotary and Reciporating Displacement Compressor in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States72.277.189.984.15.2%
China87.070.657.740.9-22.2%
Japan57.048.152.636.4-13.9%
South Korea4.418.723.323.474.6%
Belgium0.43.38.218.6259.6%
Mexico26.411.412.316.0-15.4%
Malaysia6.48.48.413.929.5%
India2.610.76.612.367.9%
Brazil9.72.34.911.35.2%
Indonesia5.33.55.06.67.6%
Singapore6.07.46.66.63.2%
South Africa5.23.65.26.04.9%
Argentina1.80.81.41.91.8%
Others70.173.480.655.9-7.3%
Total355339363334-2.0%

Top Export Markets for Turbo, Rotary and Reciporating Displacement Compressor from Thailand in 2022:

  1. United States (617.5K units)
  2. Japan (551.9K units)
  3. China (536.1K units)
  4. India (320.5K units)
  5. South Korea (273.2K units)
  6. Mexico (272.8K units)
  7. South Africa (155.8K units)
  8. Argentina (133.7K units)
  9. Indonesia (127.7K units)
  10. Singapore (111.7K units)
  11. Malaysia (107.5K units)
  12. Belgium (98.4K units)
  13. Brazil (91.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for turbo, rotary and reciporating displacement compressor in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28132530 - Turbo-compressors, single stage
  • Prodcom 28132550 - Turbo-compressors, multistage
  • Prodcom 28132630 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow . .60 m./hour
  • Prodcom 28132650 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow per hour > .60 m.
  • Prodcom 28132670 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour . .120 m.
  • Prodcom 28132690 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour > .120 m.
  • Prodcom 28132730 - Rotary displacement compressors, single-shaft
  • Prodcom 28132753 - Multi-shaft screw compressors
  • Prodcom 28132755 - Multi-shaft compressors (excluding screw compressors)
  • Prodcom 28132800 - Air/gas compressors excluding air/vacuum pumps used in refrigeration, air compressors mounted on wheeled chassis, t urbo compressors, reciprocating and rotary displacement compressors

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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