Thailand: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in Thailand

In 2022, the Thai market for motor vehicle chassis fitted with engines decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption recorded a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in Thailand

In value terms, production of motor vehicle chassis fitted with engines amounted to $X in 2022 estimated in export price. Overall, production enjoyed a measured increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

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Exports of Motor Vehicle Chassis Fitted With Engines

Exports from Thailand

Exports of motor vehicle chassis fitted with engines from Thailand surged to X units in 2022, rising by X% compared with 2021. In general, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of motor vehicle chassis fitted with engines skyrocketed to $X in 2022. Over the period under review, exports posted resilient growth. Over the period under review, the exports of hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia (X units) was the main destination for exports of motor vehicle chassis fitted with engines from Thailand, with a X% share of total exports. It was followed by Japan (X units), with a X% share of total exports. The third position in this ranking was taken by Singapore (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Indonesia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Singapore (X% per year).

In value terms, Indonesia ($X) emerged as the key foreign market for motor vehicle chassis fitted with engines exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Indonesia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and Japan (X% per year).

Export Prices by Country

The average export price for motor vehicle chassis fitted with engines stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price showed a noticeable setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Maldives ($X 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 South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into Thailand

Imports of motor vehicle chassis fitted with engines into Thailand skyrocketed to X units in 2022, surging by X% on the previous year. In general, imports, however, continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of motor vehicle chassis fitted with engines soared to $X in 2022. Overall, imports, however, showed a precipitous decline. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Sweden (X units) constituted the largest motor vehicle chassis fitted with engines supplier to Thailand, with a X% share of total imports. Moreover, imports of motor vehicle chassis fitted with engines from Sweden exceeded the figures recorded by the second-largest supplier, Poland (X units), fivefold. The third position in this ranking was taken by China (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Sweden stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and China (X% per year).

In value terms, Sweden ($X) constituted the largest supplier of motor vehicle chassis fitted with engines to Thailand, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and China (X% per year).

Import Prices by Country

The average import price for motor vehicle chassis fitted with engines stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price, however, posted a noticeable expansion. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The import price peaked at $X per unit in 2021, and then fell remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform