As of August 2024, the production volume of fan coil units for fans in Thailand amounted to around 932,000 units. This was followed by compressors, with nearly 870,000 million units.
Thailand’s electrical appliance production
The manufacturing of electrical products in Thailand decreased by around two percent in the fourth quarter of 2023, compared to the previous quarter. The ongoing surge in energy costs contributed gravely to this. Some appliances with decreased production were refrigerators, microwave ovens, electric motors, and washing machines. Thailand’s manufacturing of electrical appliances is mostly aimed at exports instead of domestic use. Leading export destinations include China, Japan, and ASEAN markets.
Thailand’s international trade of electrical appliances
Fan coil units for air conditioning accounted for the highest production volume in May 2023. In that month alone, such products were exported the most among other electrical appliances, reaching over one million units. In comparison, the main electrical appliances imported to Thailand were radios, telephones, telegraphs, and television receivers. Thailand’s geographical location gives it an advantage as an exporter. In 2022, the United States was Thailand's leading export destination for electrical appliances.
Production volume of electrical appliances in Thailand in August 2024, by type
(in 1,000 units)
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Office of Industrial Economics (Thailand). (October 2, 2024). Production volume of electrical appliances in Thailand in August 2024, by type (in 1,000 units) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1242647/thailand-monthly-production-volume-of-electrical-appliances-by-type/
Office of Industrial Economics (Thailand). "Production volume of electrical appliances in Thailand in August 2024, by type (in 1,000 units)." Chart. October 2, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1242647/thailand-monthly-production-volume-of-electrical-appliances-by-type/
Office of Industrial Economics (Thailand). (2024). Production volume of electrical appliances in Thailand in August 2024, by type (in 1,000 units). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1242647/thailand-monthly-production-volume-of-electrical-appliances-by-type/
Office of Industrial Economics (Thailand). "Production Volume of Electrical Appliances in Thailand in August 2024, by Type (in 1,000 Units)." Statista, Statista Inc., 2 Oct 2024, https://www.statista.com/statistics/1242647/thailand-monthly-production-volume-of-electrical-appliances-by-type/
Office of Industrial Economics (Thailand), Production volume of electrical appliances in Thailand in August 2024, by type (in 1,000 units) Statista, https://www.statista.com/statistics/1242647/thailand-monthly-production-volume-of-electrical-appliances-by-type/ (last visited October 31, 2024)
Production volume of electrical appliances in Thailand in August 2024, by type (in 1,000 units) [Graph], Office of Industrial Economics (Thailand), October 2, 2024. [Online]. Available: https://www.statista.com/statistics/1242647/thailand-monthly-production-volume-of-electrical-appliances-by-type/