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Thailand - Motorcycles And Scooters - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Thailand - Motorcycles And Scooters - Market Analysis, Forecast, Size, Trends And Insights

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Jun 12, 2023

Motorcycle and Scooter Price in Thailand Reduces to $3,145 per Unit

Thailand Motorcycle And Scooter Export Price in April 2023

In April 2023, the motorcycle and scooter price amounted to $3,145 per unit (FOB, Thailand), with a decrease of -4.9% against the previous month. In general, the export price showed a slight decrease. The pace of growth appeared the most rapid in September 2022 an increase of 28% month-to-month. Over the period under review, the average export prices reached the maximum at $3,619 per unit in June 2022; however, from July 2022 to April 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($11,096 per unit), while the average price for exports to the United Arab Emirates ($302 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Motorcycle And Scooter in Thailand (USD per unit)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Belgium10,50410,09111,56710,93811,0268,9135,57311,40811,9348,3352,2838,25711,096
China6,6115,4447,4895,5454,8875,8498,3076,0405,6788,0606,0897,8478,530
United Kingdom7,1536,4826,3575,7605,9575,4895,5535,3615,7116,1066,0315,7986,218
Netherlands4,0713,9553,2713,2453,4753,4903,4673,6053,9044,1474,0523,9544,075
Japan3,9153,4254,7924,5413,5164,6233,4384,2723,0173,5275,0723,2573,191
United States3,4594,7244,1513,3233,4483,0542,9572,9593,1933,5383,3683,6413,034
South Korea3,4842,8604,7913,9404,1456,8885,7132,6731,5022,4382,2132,7192,861
Taiwan (Chinese)2,1831,4912,6192,6032,4612,6431,6391,0561,2652,6851,5141,5072,241
Vietnam6435445065556947821,1471,7649621,2598409481,079
Cambodia778717709786492581443684491362505331454
Iran360343346355643336411397452360410343408
Myanmar340343372326303274291321343331426302306
United Arab Emirates2,9496568,8942,6972,6893719793922,9125061,0822,569302
Average3,5693,3503,6193,5632,7753,5463,5513,6073,4673,4183,1873,3083,145

Thailand Motorcycle And Scooter Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was motorcycles (including mopeds) and cycles; fitted with auxiliary motor, with reciprocating internal combustion piston engine of a cylinder capacity exceeding 800cc, with or without side-cars; side-cars ($11,017 per unit), while the average price for exports of motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars; side-cars ($1,041 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for the following types: motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars; side-cars (+1.8%), while the prices for the other products experienced mixed trend patterns.

Thailand Motorcycle And Scooter Exports

After five months of growth, overseas shipments of motorcycles and scooters decreased by -32% to 68K units in April 2023. In general, exports, however, recorded a mild increase. The growth pace was the most rapid in August 2022 when exports increased by 87% against the previous month. The exports peaked at 99K units in March 2023, and then fell dramatically in the following month.

In value terms, motorcycle and scooter exports contracted rapidly to $213M (IndexBox estimates) in April 2023. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 with an increase of 46% m-o-m. The exports peaked at 329M units in March 2023, and then contracted remarkably in the following month.

Thailand Motorcycle And Scooter Exports by Type

Motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars; side-cars (38K units) was the largest type of motorcycle and scooter exported from Thailand, accounting for a 56% share of total exports. Moreover, motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars; side-cars exceeded the volume of the second product type, motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 250cc but not exceeding 500cc, with or without side-cars; side-cars (12K units), threefold. The third position in this ranking was taken by motorcycles (including mopeds) and cycles; fitted with auxiliary motor, with reciprocating internal combustion piston engine of a cylinder capacity exceeding 800cc, with or without side-cars; side-cars (9.2K units), with a 14% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of the volume of export of motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars; side-cars stood at +1.0%. With regard to the other exported products, the following average monthly rates of growth were recorded: motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 250cc but not exceeding 500cc, with or without side-cars; side-cars (+3.6% per month) and motorcycles (including mopeds) and cycles; fitted with auxiliary motor, with reciprocating internal combustion piston engine of a cylinder capacity exceeding 800cc, with or without side-cars; side-cars (-2.7% per month).

In value terms, motorcycles (including mopeds) and cycles; fitted with auxiliary motor, with reciprocating internal combustion piston engine of a cylinder capacity exceeding 800cc, with or without side-cars; side-cars ($101M) remains the largest type of motorcycle and scooter exported from Thailand, comprising 48% of total exports. The second position in the ranking was taken by motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 250cc but not exceeding 500cc, with or without side-cars; side-cars ($40M), with a 19% share of total exports. It was followed by motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars; side-cars, with a 19% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of the export volume of motorcycles (including mopeds) and cycles; fitted with auxiliary motor, with reciprocating internal combustion piston engine of a cylinder capacity exceeding 800cc, with or without side-cars; side-cars totaled -2.2%. With regard to the other exported products, the following average monthly rates of growth were recorded: motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 250cc but not exceeding 500cc, with or without side-cars; side-cars (+3.4% per month) and motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars; side-cars (+2.8% per month).

Thailand Motorcycle And Scooter Exports by Country

Japan (11K units), Cambodia (7.3K units) and the United States (7.1K units) were the main destinations of motorcycle and scooter exports from Thailand, with a combined 37% share of total exports. These countries were followed by Myanmar, the UK, Vietnam, China, Belgium, Taiwan (Chinese), South Korea, the United Arab Emirates, Iran and the Netherlands, which together accounted for a further 44%.

From April 2022 to April 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +90.8%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($34M), Belgium ($30M) and China ($28M) appeared to be the largest markets for motorcycle and scooter exported from Thailand worldwide, with a combined 43% share of total exports. These countries were followed by the UK, the United States, the Netherlands, South Korea, Taiwan (Chinese), Vietnam, Cambodia, Myanmar, Iran and the United Arab Emirates, which together accounted for a further 35%.

The United Arab Emirates, with a CAGR of +57.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the motorcycle and scooter 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 2025.

Product coverage:

  • Prodcom 30911200 - Motorcycles with reciprocating internal combustion piston engine > .50 cm.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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