Air Conditioners Export of Thailand: The Trade Analysis of 2024

Air conditioners, the appliances that are used to cool indoor spaces by removing heat and humidity from the air, are right now the topmost preference of the globally leading traders, because of the universal demand across climates and the growing middle class and urbanization. The complex global supply chains and the cost-efficient manufacturing hubs positioned the commodity as the topmost demanded one. Thailand Import Data says, the country in South Asia, bordered by Cambodia and Malaysia in the East and South directions, have gradually emerged as substantial contributors to the worldwide export market of air conditioners due to the investment incentives and the Eastern Economic Corridor.

The attractive FDI environment and the regional trade agreements, accompanied by the proximity to major markets, have maintained the overall trade landscape. The improvement of the road and rail links with the establishment of the electronic clusters has resulted in a total export valuation of air conditioners from Thailand worth 8 billion US dollars in 2024. The skilled technical workforce and the national scale-up programs are behind the upward trajectory. Subscribe to Import Globals, the leading Thailand importexport trade provider, to stay updated with the latest information regarding the air conditioner export of the nation via the Thailand Trade Data.

GOVERNMENT INITIATIVES SUPPORTING THE EXPORT OF AIR CONDITIONERS IN THAILAND IN 2024

The BOI Investment Promotion for Smart Air Conditioner Manufacturing and the Expanded BOI Incentives for Electronics and PCB Supply Chains have directly boosted the capabilities for global export, with the strengthening of the electronics supply chain. The industrial parks and export-free zones have eased the export logistics with a reduction in the cost.

The trade promotion via sector exports has connected the manufacturers with the global buyers, promoting exports. The Eastern Economic Corridor and infrastructure support have promoted the strategic policy underpinned while increasing the revenue rate.

THE LEADING VARIANTS OF AIR CONDITIONERS EXPORTED FROM THAILAND IN 2024

The local supplier base and the skilled technical workforce, along with the competitive manufacturing cost, have reported diversity in the global trade output. According to Thailand Export Data, the topmost variants of air conditioners exported from the nation in 2024 are,

1. Split air conditioners — The annual valuation of Split air conditioners exported from Thailand in 2024–2.21 billion US dollars

2. Inverter air conditioners — The annual valuation of Inverter air conditioners exported from Thailand in 2024–1.54 billion US dollars

3. Window air conditioners — The annual valuation of Window air conditioners exported from Thailand in 2024–1 billion US dollars

4. Multi-split air conditioners — The annual valuation of Multi-split air conditioners exported from Thailand in 2024–898 million US dollars

5. Variable Refrigerant Flow (VRF / VRV) systems — The annual valuation of Variable Refrigerant Flow (VRF / VRV) systems exported from Thailand in 2024–765 million US dollars

6. Cassette air conditioners — The annual valuation of Cassette air conditioners exported from Thailand in 2024–478 million US dollars

7. Ducted air conditioners — The annual valuation of Ducted air conditioners exported from Thailand in 2024–392 million US dollars

8. Floor-standing (tower) air conditioners — The annual valuation of Floor-standing (tower) air conditioners exported from Thailand in 2024–287 million US dollars

9. Portable air conditioners — The annual valuation of Portable air conditioners exported from Thailand in 2024–225 million US dollars

10. Commercial & industrial HVAC air conditioning units — The annual valuation of Commercial & industrial HVAC air conditioning units exported from Thailand in 2024–168 million US dollars

TOPMOST EXPORT PARTNERS OF THAILAND IN 2024

The data centre and digital infrastructure, with the customs facilitation and bonded zones, have maintained the integrity of the nation at the topmost trade destinations. As per the Thailand customs data, the topmost export trade partners of the nation for air conditioners exported in 2024 are,

  • United States — The total valuation of air conditioners exported from Thailand to the United States in 2024–3.18 billion US dollars

Top 5 variants of air conditioners exported

  • Modular air conditioner
  • Compact air conditioner
  • Slim air conditioner
  • Ultra-thin air conditioner
  • High-capacity air conditioner
  • China- The total valuation of air conditioners exported from Thailand to China in 2024–1.65 billion US dollars

Top 5 variants of air conditioners exported

  • AC inverter air conditioner
  • Fixed-speed air conditioner
  • Heat pump air conditioner
  • Cooling-only air conditioner
  • Heating & cooling air conditioner
  • Japan- The total valuation of air conditioners exported from Thailand to Japan in 2024–1.2 billion US dollars

Top 5 variants of air conditioners exported

  • Anti-corrosion air conditioner
  • Rust-resistant air conditioner
  • All-weather air conditioner
  • Dual inverter air conditioner
  • Triple inverter air conditioner
  • Malaysia- The total valuation of air conditioners exported from Thailand to Malaysia in 2024–876 million US dollars

Top 5 variants of air conditioners exported

  • Residential air conditioner
  • Smart air conditioner
  • Wi-Fi-enabled air conditioner
  • Voice-controlled air conditioner
  • Energy-efficient air conditioner
  • Australia- The total valuation of air conditioners exported from Thailand to Australia in 2024–643 million US dollars

Top 5 variants of air conditioners exported

  • Railway coach air conditioner
  • Aircraft air conditioner
  • Ship cabin air conditioner
  • Hospital-grade air conditioner
  • Cleanroom air conditioner
  • Vietnam- The total valuation of air conditioners exported from Thailand to Vietnam in 2024–589 million US dollars

Top 5 variants of air conditioners exported

  • Desert air conditioner
  • Spot cooling air conditioner
  • Marine air conditioner
  • Automotive air conditioner
  • Bus air conditioner
  • India- The total valuation of air conditioners exported from Thailand to India in 2024–465 million US dollars

Top 5 variants of air conditioners exported

  • Central air conditioner
  • VRF (Variable Refrigerant Flow) air conditioner
  • VRV air conditioner
  • Chiller-based air conditioner
  • Rooftop air conditioner
  • Hong Kong- The total valuation of air conditioners exported from Thailand to Hong Kong in 2024–387 million US dollars

Top 5 variants of air conditioners exported

  • Packaged air conditioner
  • Portable air conditioner
  • Tower air conditioner
  • Wall-mounted air conditioner
  • Central air conditioner
  • Singapore- The total valuation of air conditioners exported from Thailand to Singapore in 2024–292 million US dollars

Top 5 variants of air conditioners exported

  • Floor-standing air conditioner
  • Ceiling-mounted air conditioner
  • Cassette air conditioner
  • Ducted air conditioner
  • Packaged air conditioner
  • Indonesia- The total valuation of air conditioners exported from Thailand to Indonesia in 2024–150 million US dollars

Top 5 variants of air conditioners exported

  • Window air conditioner
  • Split air conditioner
  • Inverter split air conditioner
  • Non-inverter split air conditioner
  • Multi-split air conditioner

Comments

Post a Comment

Popular posts from this blog

Overview of the Optical Equipment Import of Vietnam in 2023

Image
The demand for optical equipments in Vietnam has been steadily rising over the years because of the on growing demands from the industrial sectors and other consumer base. The growing awareness about eye care and its vital treatment regarding different fatal diseases is recording a positive impact over the whole eye care import of the nation in 2023 recording an annual growth rate of 10% year from 2019 onwards. Stability in trade relationship with different leading trade destination estates and attractive pricing strategies facilitate the annual import market. The growing domestic acquisitions and the limited production capability of the healthcare industries regarding the production of optical equipment have made the country record an annual import value of 2.3 billion US dollars in 2023. Import Globals with its Vietnam Trade Data highlights the global trade insights of the country’s regional shipments for helping the business holders expand their business worldwide via optimization o...
Read more

Seafood Export of Uganda in 2023

Image
Seafood consumers right now are gradually increasing with time because of the different health benefits it provides to the in-taker. The different vitamins present like vitamin A, vitamin B, and vitamin D not only benefit the health but also aid the proper functioning of the immune system. The globally growing demands and the increasing production cavity of the industrial sectors are promoting the exporting rate of seafood contributing to a minimal share of the total annual export trade revenue. The use of different modern technologies for preserving seafood products and increasing its shelf life along with the greater workforce engaged in it for efficient production have led to a total export trade value of 500 million US dollars in 2023. Import Globals, Uganda Trade Data, highlights the key trade insights of the country’s global trade of seafood to help the business holders adapt to the strategies of business expansion worldwide.    TOP 10 SEAFOOD EXPORTS OF UGANDA IN 2023 A...
Read more

An in-depth Analysis of Gold, Nicaragua's Top Export

Image
Although the economy of Nicaragua, the largest nation in Central America, is diverse, one product stands out above all others in terms of exports: gold. According to Nicaragua Export Data , gold has solidified its position as Nicaragua’s most valuable export during the last ten years, overtaking more conventional agricultural products like sugar and coffee. This blog offers a thorough analysis of Nicaragua’s gold export industry, including an overview of exports, data patterns from 2020 to 2024, important export destinations, the factors that make gold important to the country, important producing regions, global context, strategic implications, and forecast trends. Overview of Exports Nicaragua’s economy has relied heavily on gold output, especially in the previous ten to fifteen years. Gold is now Nicaragua’s top export by value thanks to substantial modernization and international investment in the mining industry, which was formerly eclipsed by agriculture. Rising global gold price...
Read more