Thailand: Market for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers 2024

Market Size for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Thailand

In 2022, the Thai vapour generating boiler parts market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Thailand

In value terms, vapour generating boiler parts production fell slightly to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced slump. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Vapour generating boiler parts production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Exports from Thailand

In 2022, approx. X tons of parts of vapour generating boilers and super-heater water boilers were exported from Thailand; which is down by X% compared with 2021 figures. Over the period under review, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, vapour generating boiler parts exports stood at $X in 2022. In general, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Canada (X tons) and India (X tons) were the main destinations of vapour generating boiler parts exports from Thailand, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Canada ($X) and Qatar ($X) were the largest markets for vapour generating boiler parts exported from Thailand worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Canada, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average vapour generating boiler parts export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Singapore ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Imports into Thailand

In 2022, overseas purchases of parts of vapour generating boilers and super-heater water boilers decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, vapour generating boiler parts imports expanded markedly to $X in 2022. Over the period under review, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

China (X tons), India (X tons) and South Korea (X tons) were the main suppliers of vapour generating boiler parts imports to Thailand, together accounting for X% of total imports. Malaysia lagged somewhat behind, comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) constituted the largest supplier of parts of vapour generating boilers and super-heater water boilers to Thailand, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from South Korea amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average vapour generating boiler parts import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price posted noticeable growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 South Korea ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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