Thailand - Vehicles Not Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Propelled Vehicle Price in Thailand - 2023
Contents:
- Non-Propelled Vehicle Price in Thailand (CIF) - 2023
- Non-Propelled Vehicle Price in Thailand (FOB) - 2022
- Non-Propelled Vehicle Imports in Thailand
- Non-Propelled Vehicle Exports in Thailand
Non-Propelled Vehicle Price in Thailand (CIF) - 2023
The average non-propelled vehicle import price stood at $28.5 per unit in September 2023, rising by 34% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 418% month-to-month. As a result, import price reached the peak level of $181 per unit. From March 2023 to September 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to +0.1% per month.
Non-Propelled Vehicle Price in Thailand (FOB) - 2022
The average non-propelled vehicle export price stood at $150 per unit in 2022, picking up by 27% against the previous year. Overall, the export price showed prominent growth. The growth pace was the most rapid in 2016 when the average export price increased by 88% against the previous year. The export price peaked at $219 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($158 per unit), while the average price for exports to Greece ($49 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Propelled Vehicle Imports in Thailand
For the fourth consecutive year, Thailand recorded growth in supplies from abroad of vehicles not mechanically propelled, which increased by 22% to 1.1M units in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 49% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, non-propelled vehicle imports rose to $37M in 2022. The total import value increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Non-Propelled Vehicle in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.4 | 20.7 | 27.1 | 25.6 | 21.1% |
| Malaysia | 5.1 | 0.9 | 1.1 | 1.7 | -30.7% |
| United States | 1.8 | 2.1 | 0.7 | 1.2 | -12.6% |
| Japan | 1.3 | 1.2 | 1.5 | 1.0 | -8.4% |
| Germany | 1.5 | 0.7 | 0.6 | 0.5 | -30.7% |
| Others | 4.0 | 5.8 | 4.9 | 7.3 | 22.2% |
| Total | 28.1 | 31.3 | 35.9 | 37.4 | 10.0% |
Top Suppliers of Non-Propelled Vehicle to Thailand in 2022:
- China (1049.0K units)
- Malaysia (11.2K units)
- Japan (8.9K units)
- Germany (7.5K units)
- United States (4.6K units)
Non-Propelled Vehicle Exports in Thailand
In 2022, overseas shipments of vehicles not mechanically propelled were finally on the rise to reach 429K units after two years of decline. In general, exports, however, recorded a drastic downturn. Over the period under review, the exports hit record highs at 565K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, non-propelled vehicle exports surged to $64M in 2022. Over the period under review, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Non-Propelled Vehicle in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.3 | 2.7 | 5.4 | 41.5 | 64.6% |
| Netherlands | 10.9 | 3.7 | 2.4 | 7.8 | -10.6% |
| Canada | 2.1 | 0.5 | 0.1 | 2.1 | 0.0% |
| Malaysia | 2.1 | 1.2 | 1.2 | 1.9 | -3.3% |
| Vietnam | 2.1 | 0.8 | 0.5 | 0.9 | -24.6% |
| Cambodia | 1.0 | 1.0 | 0.7 | 0.8 | -7.2% |
| Qatar | 1.6 | 0.4 | 0.3 | 0.7 | -24.1% |
| Greece | 0.2 | 0.1 | N/A | 0.4 | 26.0% |
| Finland | 0.1 | N/A | N/A | 0.4 | 58.7% |
| Japan | 1.6 | 1.5 | 0.2 | 0.2 | -50.0% |
| Sweden | 1.6 | N/A | N/A | N/A | 0% |
| Others | 11.7 | 5.6 | 3.2 | 7.7 | -13.0% |
| Total | 44.0 | 17.5 | 14.0 | 64.4 | 13.5% |
Top Export Markets for Non-Propelled Vehicle from Thailand in 2022:
- Sweden (undefinedK units)
- United States (266.7K units)
- Netherlands (49.3K units)
- Malaysia (23.5K units)
- Finland (8.2K units)
- Greece (7.3K units)
- Cambodia (6.8K units)
- Canada (5.4K units)
- Qatar (4.4K units)
- Vietnam (3.7K units)
- Japan (2.6K units)
This report provides an in-depth analysis of the non-propelled vehicle market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 30991000 - Vehicles not mechanically propelled including industry trolleys, barrows, luggage trucks, hopper-trucks, hand pulled golf trolleys excluding shopping trolleys
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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