Key Market Indicators
In 2021, Thailand came in at number 3, South Korea overtook at 114,280,000 Kilograms. China, South Korea and Slovakia respectively were numbers 1, 2 and 3 in this ranking. Thai exports of compressors are set to reach 177 million kilograms by 2026, growing at an average rate of 2.3% each year. Since 2005, supply has increased by 4.1% annually. In 2021, China came in at number one while Thailand, South Korea and Slovakia respectively were numbers two, three and four. On the other hand, Thai imports of compressors are expected to reach 132 million kilograms by 2026, with a 2.4% year-on-year compound annual growth rate. Since 2005, demand has decreased by 0.9% each year. In 2021, South Korea overtook Thailand at number two, with China, South Korea and Slovakia respectively at numbers one, two and three.