Thailand: Motorcycle And Scooter Market 2022

Motorcycle And Scooter Market Size in Thailand

The Thai motorcycle and scooter market reduced to $X in 2020, falling by -X% against the previous year. Overall, consumption, however, continues to indicate a pronounced decrease. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. from 2018 to 2020, the growth of the market remained at a somewhat lower figure.

Motorcycle And Scooter Production in Thailand

In value terms, motorcycle and scooter production reached $X in 2020 estimated in export prices. Over the period under review, the total production indicated a temperate increase from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. from 2018 to 2020, production growth remained at a somewhat lower figure.

Motorcycle And Scooter Exports

Exports from Thailand

In 2020, approx. X units of motorcycles and scooters were exported from Thailand; which is down by -X% on the previous year. Overall, total exports indicated a noticeable increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. As a result, exports attained the peak of X units. from 2011 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, motorcycle and scooter exports rose remarkably to $X in 2020. In general, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, exports attained the maximum in 2020 and are likely to see gradual growth in the immediate term.

Exports by Country

China (X units), Japan (X units) and the United States (X units) were the main destinations of motorcycle and scooter exports from Thailand, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for motorcycle and scooter exported from Thailand were China ($X), Belgium ($X) and the UK ($X), together accounting for X% of total exports.

Among the main countries of destination, China (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average motorcycle and scooter export price amounted to $X per unit, jumping by X% against the previous year. Overall, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. The export price peaked in 2020 and is likely to see gradual growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($X per unit), while the average price for exports to Lao People's Democratic Republic ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam, while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle And Scooter Imports

Imports into Thailand

In 2020, imports of motorcycles and scooters into Thailand rose significantly to X units, with an increase of X% compared with 2019 figures. Over the period under review, imports enjoyed a moderate increase. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Imports peaked at X units in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, motorcycle and scooter imports reduced to $X in 2020. Overall, imports posted a moderate increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

Indonesia (X units), Vietnam (X units) and Japan (X units) were the main suppliers of motorcycle and scooter imports to Thailand, together comprising X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (+X% per year), while imports for the other leaders experienced mixed trend patterns.

In value terms, Indonesia ($X), Vietnam ($X) and Japan ($X) constituted the largest motorcycle and scooter suppliers to Thailand, together comprising X% of total imports.

Vietnam (+X% per year) recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average motorcycle and scooter import price amounted to $X per unit, falling by -X% against the previous year. In general, the import price, however, showed a slight expansion. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform