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Report Thailand - Motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Thailand - Motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Market for Motorcycles and Cycles With an Auxiliary Motor 2024

Market Size for Motorcycles and Cycles With an Auxiliary Motor in Thailand

The Thai market for motorcycles and cycles with an auxiliary motor surged to $X in 2021, jumping by 65% against the previous year. In general, consumption continues to indicate a strong expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Production of Motorcycles and Cycles With an Auxiliary Motor in Thailand

In value terms, production of motorcycles and cycles with an auxiliary motor fell sharply to $X in 2021 estimated in export price. In general, production posted a remarkable increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by 91%. As a result, production attained the peak level of $X, and then fell significantly in the following year.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Thailand

In 2021, after three years of growth, there was significant decline in overseas shipments of motorcycles and cycles with an auxiliary motor, when their volume decreased by -15.7% to X units. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 216%. Over the period under review, the exports of attained the maximum at X units in 2020, and then dropped significantly in the following year.

In value terms, exports of motorcycles and cycles with an auxiliary motor contracted rapidly to $X in 2021. Overall, exports, however, showed a resilient increase. The growth pace was the most rapid in 2014 when exports increased by 207%. Over the period under review, the exports of reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Myanmar (X units) was the main destination for exports of motorcycles and cycles with an auxiliary motor from Thailand, accounting for a 80% share of total exports. Moreover, exports of motorcycles and cycles with an auxiliary motor to Myanmar exceeded the volume sent to the second major destination, Maldives (X units), more than tenfold. The third position in this ranking was held by the United Arab Emirates (X units), with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Myanmar totaled +53.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (+145.9% per year) and the United Arab Emirates (+107.9% per year).

In value terms, Myanmar ($X) remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Thailand, comprising 71% of total exports. The second position in the ranking was held by Maldives ($X), with a 14% share of total exports. It was followed by the United Arab Emirates, with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Myanmar amounted to +44.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (+140.4% per year) and the United Arab Emirates (+93.5% per year).

Export Prices by Country

In 2021, the average export price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, with a decrease of -18% against the previous year. Overall, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of 86%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Maldives ($X per unit), while the average price for exports to Cambodia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+18.6%), while the prices for the other major destinations experienced a decline.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports into Thailand

In 2021, overseas purchases of motorcycles and cycles with an auxiliary motor increased by 1,797% to X units, rising for the third year in a row after four years of decline. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of motorcycles and cycles with an auxiliary motor soared to $X in 2021. Overall, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, South Korea (X units) was the main motorcycles and cycles with an auxiliary motor supplier to Thailand, with a 90% share of total imports. Moreover, imports of motorcycles and cycles with an auxiliary motor from South Korea exceeded the figures recorded by the second-largest supplier, China (X units), tenfold.

From 2012 to 2021, the average annual growth rate of volume from South Korea totaled +143.3%.

In value terms, South Korea ($X) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Thailand, comprising 82% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from South Korea stood at +96.4%.

Import Prices by Country

The average import price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2021, shrinking by -70.4% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2016 when the average import price increased by 61% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for South Korea stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-12.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption of motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ in 2021 were China, South Africa and India, with a combined 30% share of global consumption. These countries were followed by the United States, Morocco, Russia, Pakistan, Japan, Brazil, Nigeria, Bangladesh, Germany and Indonesia, which together accounted for a further 27%.
The country with the largest volume of production of motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ was China, comprising approx. 35% of total volume. Moreover, production of motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Japan, with a 5.4% share.
In value terms, South Korea constituted the largest supplier of motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ to Thailand, comprising 82% of total imports. The second position in the ranking was occupied by China, with an 18% share of total imports.
In value terms, Maldives remains the key foreign market for motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ exports from Thailand, comprising 57% of total exports. The second position in the ranking was occupied by Singapore, with a 10% share of total exports. It was followed by Hong Kong SAR, with a 9.1% share.
The average export price for motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ stood at $808 per unit in 2021, waning by -39.8% against the previous year.
The average import price for motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ stood at $363 per unit in 2021, which is down by -56.2% against the previous year.

This report provides an in-depth analysis of the market for motorcycles and cycles with an auxiliary motor 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 30911100 - Motorcycles, and cycles fitted with an auxiliary motor, with an engine capacity . .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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