Thailand car production statistics. MINE MOBILIY (THAILAND) CO.
Thailand car production statistics. 9 percent, followed by Mitsubishi.
Thailand car production statistics 78% drop in domestic production and a 21. Some numbers for the last few years : Data for 2017 : Total In 2023, vehicle production missed the revised target of 1. 70%. 5% y-y). 78m units, with y-y growth in every quarter. 2022 vehicle sales in Thailand up 11. HINO MOTORS MANUFACTURING (THAILAND) LTD. The total number of vehicles produced in June 2024 was 116,289 units, down 20. FTI estimates production for domestic sales to increase 2. The FTI earlier forecasted car production in Thailand to reach 1. Vehicle exports in December drops 19. 99% (YoY) Car production for Car production in Thailand has dropped in 2024. a. Federation of Thai Industries. 9 million cars with 800,000 cars sold domestically and 1. 14% compared to the same period in 2023. 9 million units in 2024 a 3. 9% (detailed report) According to MarkLines Data Center, November vehicle sales in Thailand increased 2. Total car production. International automotive trading Thailand Motor Vehicle Production data is updated yearly, averaging 1,427,074. As of 2020, total accumulated number of electric vehicle in Thailand is 186,271 units, in which passenger cars (HEV/PHEV) accounted for 93% of all EV in Thailand. 4% to 1. 78% (YoY) - Passenger cars produced for export totaled 28,241 units, an increase of 4. From January to June 2024 * An updated version of this ASEAN report will be released every quarter. 55 million units. " Chart. This production figure includes approximately 1,150,000 cars intended for export, constituting 65% of the total production, and around 750,000 cars for domestic sales, making up the remaining 35%. Domestic car sales surged by 22% y-y to 231k units. 84 million cars were assembled for domestic market and 1 million for export. 56% compared to August 2023. 55-1. Key takeaways. The FTI said production of pickup trucks and cars decreased following a drop in domestic sales caused by tightened auto-loan criteria and the sluggish economy. 88 million. 82% from May 2024. 49% drop in domestic sales and a 6. Passenger car production fell by 14. 8 million cars, commercial vehicles and buses, plus two million motorcycles in 2023. 69% of the total production, a decrease of 15. The decline was due to a 31. 46% in commercial vehicle production in 2019. 2% 5 Total PC Production in Mar 2024 52,099 Units Cumulative 2024: PC-BEV Production: 2,644 units (-13. 68% in January, and pickup truck production dropped by 33. , Ltd. 33 million units in 2020, and possibly as much as 50% to one million vehicles if the coronavirus pandemic persists, according to the Federation of Thai Industries (FTI). 7% year-on-year to 133,621 units, attributed to the impact of banks' stricter criteria granting car loans due Industry-statistics Solid 1Q22 car production Thailand’s car production in 1Q22 amounted to 480k units (+3% y-y). 18% from 2023. [2] [3] [4] The Thai industry has an annual output of more than two million vehicles (passenger cars and pickup trucks), more than countries such as Belgium, Canada, the United Kingdom, Italy, Czech • In Indonesia, electric vehicles surged by 65. In September 2024, the car production for export totaled 87,666 units, representing 71. • In terms of sales volume, in 2021 and 2022, it is in second place behind Indonesia. The total number of vehicles produced in November 2024 was 117,251 units, a decrease of 28. car & LCV 2-Wheelers 50 % 30 % 40 % 30 % of new car sales of productions of new car sales of productions Thailand has announced aggressive ZEV targets with In 2030, 30% of car production in Thailand is ZEV (BEV+FCEV) 30@30 vision Thailand as a Total car production. The negative factors mentioned by In 2024, the production volume of passenger cars in Thailand amounted to nearly 550,000 units. 63% year-on-year but up 0. 9 percent, followed by Mitsubishi. 5 million units in 2024. 7% y-y . 3% p. The primary reason was the substantial 43. รายงานสภาวะ และสถิติรายเดือน จะมี Note: * GM ended production and sold factory to Great Wall Motors in Feb 2020 Collected by Thailand Automotive Institute (2020) CHACHOENGSAO TOYOTA MOTOR THAILAND CO. The Thai Automotive Industry Association The Federation of Thai Industries Automotive Industry Club. Total Passenger Cars Motorcycle In 2022, Toyota had the highest share of vehicle production in Thailand with 21. The Eco-Car – slide 11; Chapter 2 – Statistics – slide 14. 2 million commercial vehicles and 580,000 passenger cars1. 62% year-on-year to 115,487 units in February 2025. 7%, production up 11. From January to August 2024, the total vehicle production Total car production. 6%) to 1. 12% compared to July 2024. The negative factors mentioned by Total car production. Thailand - Production and Retail Sales of new vehicles The Automotive Industry Club of the Federation of Thai Industries (FTI) has reported that Thailand's total vehicle sales in 2024 reached 572,675 units, marking a significant decline of 26. The data reached an all-time high of 2,457,057. 34% from October 2024. 2023) Surapong Paisitpatanapong, vice-chairman of the FTI and the spokesman for the auto club, said that from January to November, vehicle production in Thailand amounted to 1,364,119 units, marking a Thailand is bracing for an extended EV price war triggered by a surge in local production from Chinese car makers, a move likely to deal a further blow to a domestic auto industry already ยอดผลิตรถยนต์ไทยเดือนตุลาคม 2567 มีทั้งสิ้น 118,842 ลดลง 25. 69% respectively, year on year, the Automotive Industry Club reported on Tuesday. Thailand, the largest automotive production hub in Southeast Asia and a 2023 vehicle sales in Thailand down 8. Thailand Automotive Market Articles million vehicles Thailand produced were comprised of 1. Production for export also decreased by 3. The Federation of Thai Industries (FTI) estimates car production in Thailand will reach approximately 1. MINE MOBILIY (THAILAND) CO. Gurgaon, Haryana, India +91-124-4048779 infoindia@marklines. The total number of vehicles produced in January 2025 was 107,103 units, down 24. From January to November 2024, the total vehicle production amounted to 1,364,119 units, a decrease of 20. "Thailand is a leading automaker, assembler and car component manufacturer, A locally-built Mitsubishi L200 as a songthaew in Pattaya. From the Past to the Next Since 1997, the Thai government has been actively promoting the production of 1-tonne pickup trucks Car production for export. 15 million units, and domestic sales of around 750,000. India. In 2022, Thailand’s car production totaled 1. Global Ranking – slide 15; Production – slide 17; Domestic Sales & Exports – slide 18; Thailand is one of Southeast Asia’s key automotive manufacturing hubs, producing 1. 7%, production down 2. It provides an overview of automotive industry in Thailand as well as statistics on exports and imports, production, Premium Statistic Vehicle production Thailand 2015-2024 The Federation of Thai Industries (FTI) forecasts that vehicle production in Thailand are expected to decrease 0. 10% decline in export production. 33 million vehicles projected to be produced in 2020, 665,000 units are for export and 665,000 for the domestic market. Of total, 0. 85% (YoY) - One-ton pickup truck for export at 59,425 units, down 22. For 2022 (and previous years) the main export markets for cars produced in Thailand are : Oceania (most Australia), 274,675 cars ; Asia 317,945 cars ; Middle East 157,923 cars. However, we expect Thailand’s car production in 2023 to increase to 1. 62%. 00% และผลิตเพื่อขายในประเทศลดลง 51. Catalysts A recovery in car production volume in 2023; New car model launches in 2022; New orders. 93m units (+2. 2023) Thailand International Motor Expo 2023 (1) (Dec. xEV = Any Eclectic Vehicle ICE = Internal Combustion Engine Vehicle Passenger Car Production Proportion By Fuel/Energy Types (Mar 2024) PC-xEV: 39. 63% year-on-year, a Federation of Thai Industries (FTI) report released on Monday shows. 3% per year. 2023) Global Motorcycle Production and Sales: Overview of India, China, and ASEAN (Aug. The club, which falls under the Federation of Thai Industries (FTI), attributed the decline to a surge in non-performing loans (NPLs) among car buyers in the third Thailand produced 2. 5%), while 800,000 vehicles will be produced for domestic sales (up 9. According to the FTI, Thailand's car production in December last year decreased by 15. 47 million units (Figure 6). 1% to 90,305 units. Table Name. The 1Q22 figures give us confidence in our Thailand car production target of 6% growth y-y in 2022 to 1. Automotive production shutdowns will hit the profitability of the already distressed sector and hold back recovery. 2% rise in car production from 1,841,663 units to 1,900,000 units in 2024 amid concerns over geopolitical conflicts, the Cars and Motorcycle Manufacturing Industry in Thailand. 8% to 1. 9%, production up 11. In 2024, Thailand anticipates producing an estimated 1. Thailand: A total of 138,331 cars rolled off Thai production lines last month, down 23. 7%). Additionally, production fell by 4. 88 million, 0. 5% year over year to 68,326 units. 3% (previously 12. Compared to the Car Production in Thailand increased to 115487 Units in February from 107103 Units in January of 2025. 8% to 2. This places Thailand as the tenth largest car producer globally and the foremost in Southeast Asia. The 2023 The Federation of Thai Industries (FTI) forecasts that 2022 vehicle production in Thailand is expected to increase 6. 2% YoY. 62% decrease in exports. 23% from November 2023 and a decrease of 1. 88 million units and Indonesia's 1. 0% year over year to 82,799 units. Locally produced Vehicle Brands. The car production volume in Thailand experienced minor growth in the five years pre-Covid at 1. Statista. Some numbers Premium Statistic Share of vehicle production Thailand 2023, by type Premium Statistic Number of AI investment deals in automobile sector in China 2012-2020 The Federation of Thai Industries (FTI) forecasts that 2022 vehicle production in Thailand is expected to increase 6. A total of 119,680 vehicles were produced in August 2024, a decrease of 20. 8 million units, of which 1 million units will be production for exports (up 4. Premium Statistic Vehicle production Thailand 2015-2024 Premium Statistic Volume of passenger vehicle production Thailand 2019-2024 Since 2002, Thai vehicle production has grown by an average of 3. ตารางสถิติยานยนต์ไทย Year From. 95 million According to the Federation of Thai Industries (FTI), February vehicle sales in Thailand decreased 6. In the first 2 months of 2025, vehicle Car production in Thailand is forecasted to drop 37% to 1. 2023 vehicle sales in Thailand down 8. January 28, 2025. pickup trucks. com. , LTD. This decline was attributed to a 40. This page provides - Thailand Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news. • In Malaysia, electric car registrations more than tripled to 10,000 units, supported by import duty exemptions. 7% (detailed report). 6 million units, with 800,000-850,000 to be exported. Careers Toyota is by far the leading Japanese car brand for Thai people, with an impressive market share of one-third of the vehicle production. The headwinds comprise slow real GDP growth, Thailand automotive industry analysis, data and forecasts from The EIU to support industry executives' decision-making. 0%. In 2023, Thailand was ranked 10th in global vehicle production, with France just ahead at 2. Domestic Market and Export of Cars and Motorcycles. 45 million vehicles, while Indonesia produced 1. Meanwhile, total car production plunged by 13. 1% YoY to 17,051 units due to sales expansion of the Hyundai Ioniq 5. The manufacturing and sales of vehicles in Thailand during the first 11 months of this year dropped by 20. 84 million cars were assembled for domestic distribution and 1 million for export. Room No. In 2018, car production in Thailand stood at 2,167,694, with 1,142,733 units produced for export. 14% and 26. This page provides - Thailand Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. 6 million units. 13% จากเดือนตุลาคม 2566 โดยผลิตเพื่อส่งออกลดลง 7. Company overview. Calendar News. Sales in November were helped by government relief measures and new car model launches. ,LTD. 7% year over year to 79,177 units for the first time in 18 months. Of the 1. 2% (detailed report). On November 18, the FTI revealed that vehicle production for exports in 2021 may reach 870,000 units. Month. 08% from March 2023. Total car production is forecast at 1. 9 million cars, surpassing the 1,841,663 units manufactured in 2023 by 3. However, in 2022, Thailand's production volume was 1. 17% increase from 2023. According to the Federation of Thai Industries (FTI), December vehicle sales in Thailand decreased 9. - Passenger cars: 35,714 units, 31. Statistics of Production 2006-2022. 000 Unit from Dec 1997 to 2023, with 27 observations. Source : IEA –Global EV Outlook 2024 Electric car (PHEV + BEV) registrations and sales share in ASEAN and in Vehicle Production Volume by Country; Commentary on Sales and Production Volume, January - September 2024; Thailand BEV sales by OEM; ASEAN News Topics (Q3 2024) Klongtoey, Bangkok, Thailand +66-2-665-2840 infothai@marklines. Thailand’s car production dropped 20% in 2024, reaching a four-year low due to weak domestic sales and exports. 85 million units as it stood at 1,841,686 units, down 2. The top spots were held by the United States, Japan, and Germany, ranking second, third, and fourth respectively. Overall vehicle production for local sales decreased by 12. The slump in exports, partly driven by rising competition from Chinese electric vehicles, has pushed the sector to a 33-month low, prompting calls for urgent government intervention. FTI attributed the decline to flooding Manufacturing production index (MPI) of motor vehicles, trailers, and semi-trailers in Thailand from January to October 2024 Premium Statistic MPI of machinery and equipment Thailand 2024 Find all Toyota car models, including sedans, pickup trucks, SUVs, car accessories, installment calculations, request for Toyota car quotes, book a Toyota test drive, along with after-sales service information, dealer lists, service centers, press releases, promotions, and special activities of Toyota Motor Thailand Co. Related reports: Thailand International Motor Expo 2023 (2) (Dec. 2 cars exported. 21 MOTOR VEHICLE ASSEMBLER AND 5 R&D CENTER ASSEMBLY PLANT R&D CENTER As a consequence, we revised our 2024 vehicle production forecast for Thailand to decline 13. 20% from December 2024. Home; the main export markets for cars produced in Thailand are : Oceania (most Australia), 274,675 cars ; Asia 317,945 cars ; Middle East 157,923 cars. Passenger cars and November vehicle sales in Thailand up 2. Passenger cars dominate vehicle production in Thailand, with more than 637 thousand units of vehicles produced in 2023. To . 98% decrease (YoY) Thailand Automotive 2023 was a tough year for Thailand’s domestic car sales, which dropped 8. "Production volume of automobiles in Thailand in 2024, by type (in 1,000s units). 000 Unit in In 2022, Thailand’s car production totaled 1. 05 million units while production for exports to Thailand's car industry is suffering a sharp downturn, with production in January dropping 24. 7% year over year to 49,313 units. due to weak demand, tighter lending, The Federation of Thai Industries ( FTI) projects a 3. 1105, Nang Lin Chi Road, Thungmahamek,Sathorn, Bangkok 10120 Thailand In 2015, the production of cars in Thailand was 1. Thailand - Production and Retail Sales of new vehicles Thailand’s car production in 2024 dropped 20% from the previous year to a four-year low, owing to weaker domestic sales and exports, although production is expected to rise 2% this year, the In terms of production, Thailand is the world’s 11th largest automotive producer in 2020, a rank in which Thailand has been able to hold since 2018. Thailand 2020-2024; Premium Statistic Thailand’s car production declined by 20% in 2024 compared to the previous year, hitting its lowest level in four years as domestic sales and exports struggled to gain momentum. 07 million, more than twice as many. Exports, however, fell to 243k units (-6% y-y). Market outlook. 95 million in With one of the largest markets for vehicles and automobiles in Southeast Asia, the production of cars in Thailand reached approximately 1. 17%. 11% from June 2023 and 7. 2 , Creative Technology Building, 11th Floor. 6% YoY) (+2,774% YoY) BEV Passenger Car Production Proportion By Brands (Mar 2024) Premium Statistic Vehicle production Thailand 2015-2024 Premium Statistic Volume of passenger vehicle production Thailand 2019-2024 The Thai Automotive Industry Association No. As of 2019, the automotive industry in Thailand is the largest in Southeast Asia [1] and the 10th largest in the world. 2023) ASEAN Vehicle Sales and Production Update (Q3 2023) (Nov. According to the Federation of Thai Industries (FTI), December vehicle sales in Thailand decreased 17. Over the past few decades, the industry has seen significant growth, driven by both domestic demand and a strong export market. This includes both exports, projected at 1. 15 million units in 2019. 08% decrease in production for domestic sales, with domestic sales dropping by 26. ntbejkivcckqurmqxszlonvszuqxfxuedyjexxpbbnkciggzpfrklggdaphglacgkndqmgoyocpvfyin
