Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Thailand - 2023

Contents:

  1. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Thailand (CIF) - 2023
  2. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Thailand (FOB) - 2022
  3. Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Thailand
  4. Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Thailand

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Thailand (CIF) - 2023

The average import price for generators stood at $646 per unit in November 2023, reducing by -19.9% against the previous month. Overall, the import price, however, saw a pronounced expansion. The most prominent rate of growth was recorded in May 2023 an increase of 275% month-to-month. Over the period under review, average import prices reached the maximum at $807 per unit in October 2023, and then shrank dramatically in the following month.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was China ($635 per unit), while the price for Japan stood at $432 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+3.5%).

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Thailand (FOB) - 2022

In 2022, the average export price for generators amounted to $13 per unit, dropping by -63.7% against the previous year. Over the period under review, the export price showed a sharp setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 685%. As a result, the export price reached the peak level of $2,734 per unit. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($49 per unit), while the average price for exports to Sweden ($0.9 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 China (+10.3%), while the prices for the other major destinations experienced a decline.

Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Thailand

In 2022, purchases abroad of generators decreased by -33.8% to 23K units, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 130%. As a result, imports attained the peak of 35K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of generators fell notably to $3M in 2022. Over the period under review, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 100%. As a result, imports attained the peak of $7.7M, and then contracted rapidly in the following year.

Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1312,5994,6461,97920.5%
Italy95.817163620027.8%
Japan11876.665.217614.3%
Others2,5441,0252,388639-36.9%
Total3,8893,8717,7352,994-8.3%

Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to Thailand in 2022:

  1. China (21.1K units)
  2. Japan (0.5K units)
  3. Italy (0.5K units)

Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Thailand

Exports of generators from Thailand surged to 12K units in 2022, increasing by 129% compared with 2021. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 3,362%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of generators declined markedly to $153K in 2022. Over the period under review, exports, however, faced a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 112%. The exports peaked at $623K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MyanmarN/AN/A8.562.2631.8%
ChinaN/A9.976.332.180.1%
Australia21.7N/A0.69.6-23.8%
Sweden0.6N/A2.76.8124.6%
RussiaN/AN/AN/A1.70%
QatarN/AN/A0.1N/A0%
Others60077.096.041.1-59.1%
Total62386.9184153-37.4%

Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from Thailand in 2022:

  1. Sweden (7.5K units)
  2. Myanmar (2.1K units)
  3. Australia (0.7K units)
  4. China (0.7K units)
  5. Russia (0.3K units)

Source: IndexBox Market Intelligence Platform

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