Thailand: Market for Turbo-Propellers Of A Power Exceeding 1,100 kW 2025

Market Size for Turbo-Propellers Of A Power Exceeding 1,100 kW in Thailand

The Thai turbo-propeller (over X kW) market contracted to $X in 2022, dropping by X% against the previous year. In general, consumption continues to indicate a perceptible reduction. Turbo-propeller (over X kW) consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Turbo-Propellers Of A Power Exceeding X kW in Thailand

In value terms, turbo-propeller (over X kW) production declined to $X in 2022 estimated in export price. Overall, production recorded a noticeable contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Turbo-propeller (over X kW) production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Turbo-Propellers Of A Power Exceeding 1,100 kW

Exports from Thailand

In 2022, the amount of turbo-propellers of a power exceeding X kW exported from Thailand surged to X units, rising by X% on 2021 figures. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, turbo-propeller (over X kW) exports skyrocketed to $X in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X,723% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Singapore (X units) was the main destination for turbo-propeller (over X kW) exports from Thailand, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore stood at X%.

In value terms, Singapore ($X) also remains the key foreign market for turbo-propellers of a power exceeding X kW exports from Thailand.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore totaled X%.

Export Prices by Country

The average turbo-propeller (over X kW) export price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2016 an increase of X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to X% per year.

Imports of Turbo-Propellers Of A Power Exceeding 1,100 kW

Imports into Thailand

In 2022, after two years of growth, there was significant decline in purchases abroad of turbo-propellers of a power exceeding X kW, when their volume decreased by X% to X units. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, turbo-propeller (over X kW) imports shrank sharply to $X in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

In 2022, Canada (X units) constituted the largest turbo-propeller (over X kW) supplier to Thailand, with a X% share of total imports. Moreover, turbo-propeller (over X kW) imports from Canada exceeded the figures recorded by the second-largest supplier, the United States (X units), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Singapore (X% per year).

In value terms, Canada ($X) constituted the largest supplier of turbo-propellers of a power exceeding X kW to Thailand, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average turbo-propeller (over X kW) import price amounted to $X,154 per unit, with an increase of X% against the previous year. Overall, the import price saw a significant increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Canada ($X,453 per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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