Thailand - Flash report, Production volume, 2016
Flash report, Production volume, 2016
Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.
Flash report, December 2016
19 Jan. 2017
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
Thai vehicle production tipped for 2.9% rise in 2017
Thailand’s car production is forecast to continue accelerating this year – by 2.9% to 2 million units. The targeted production of 60% or 1.2 million units will be sold overseas.
In December, car production slid 11.1% on year and 20.5% on month to 135,792 units, the lowest in 19 months. The total number of cars made for exports fell 6.1% on year to 75,740 units or 55.8% of total production in December. Local sales dropped 16.6% to 60,052 units or 44.2% of December’s production.
However total cars produced edged up 1.6% to 1.94 million units for the whole 2016. Passenger cars produced last year climbed 5.6% to 811,805 units or 41.8% of total car production. One-ton pickup trucks manufactured throughout 2016 slipped 1.2% to 1.1 million units or 56.7% of total car production.
In December, car exports inched down 0.6% on year to 86,120 units due mainly to economic slowdowns in Thailand’s trading partners extending to the Middle East, Africa, Central America and South America. Total car exports dipped 0.1% on year to THB 46.37 billion.
Motorcycles are projected to increase 15.4% to 2.1 million units this year, of which 300,000 units will be for exports and 1.8 million for the local market. The local distribution of motorbikes is estimated to jump 18.3% in 2017.
Thailand - Production and Sales of new vehicles
| Dec. 2016 |
Growth Y-o-Y (%) |
Jan.-Dec. 2016 |
Growth YTD (%) |
|
|---|---|---|---|---|
| Production | 135,792 | -11.1% | 1,944,417 | 1.6% |
| Domestic Sales | 86,858 | -14.4% | 768,788 | -3.9% |
| Export (CBU) | 86,120 | -0.6% | 1,188,515 | -1.4% |
Flash report, November 2016
22 Dec. 2016
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
November vehicle sales in Thailand down 15.3%, November production up 4.7%
According to MarkLines Data Center, November vehicle sales in Thailand decreased 15.3% year on year to 64,771 units.
By brand sales in November, Toyota was down 4.2% to 23,549 units. Isuzu was up 3.7% to 12,010 units and Honda was down 28.2% to 7,389 units. Mitsubishi sales were down 49.6% to 4,397 units, and Ford sales were down 14.6% to 3,843 units.
January-November vehicle sales in Thailand decreased 2.3% year on year to 681,930 units.
New vehicle production in November increased 4.7% to 170,784 units and in the first 11 months new vehicle production increased 2.7% to 1,808,625 units.
November new vehicle export decreased 3.1% to 98,477 units and in the first 11 months new vehicle export decreased 1.4% to 1,102,395 units.
The Federation of Thai Industries (FTI) forecasts that December sales will be 70,000 units and 2016 annual sales will be about 750,000 units. However, due to the the expiry of the five-year lock-up period for vehicles bought under the first-time car buyer scheme, domestic car sales are expected to rise by 6.7% in 2017 to 800,000 units. FTI estimates that vehicle exports will probably remain flat at 1.2 million units in 2017, and Thai automotive output to grow by 2.6% to 2 million units.
Thailand - Production and Sales of new vehicles
| Nov. 2016 |
Growth Y-o-Y (%) |
Jan.-Nov. 2016 |
Growth YTD (%) |
|
|---|---|---|---|---|
| Production | 170,784 | 4.7% | 1,808,625 | 2.7% |
| Domestic Sales | 64,771 | -15.3% | 681,930 | -2.3% |
| Export (CBU) | 98,477 | -3.1% | 1,102,395 | -1.4% |
Flash report, October 2016
24 Nov. 2016
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
October vehicle sales in Thailand down 10.7%, October production down 2.6%
According to MarkLines Data Center, October vehicle sales in Thailand decreased 10.7% year on year to 60,634 units.
By brand sales in October, Toyota as down 9.2% to 20,929 units. Isuzu was up 5.3% to 11,296 units and Honda was down 16.4% to 8,112 units. Mitsubishi sales were down 35.9% to 4,062 units, and Nissan sales were down 24.6% to 3,212 units.
January-October vehicle sales in Thailand decreased 0.7% year on year to 617,159 units.
New vehicle production in October decreased 2.6% to 161,105 units and in the first 10 months new vehicle production increased 2.6% to 1,637,841 units.
October new vehicle export decreased 7.2% to 103,192 units and in the first 10 months new vehicle export decreased 1.3% to 1,003,918 units.
The Federation of Thai Industries (FTI) remains cautious about the domestic car market's prospects, particularly in the last quarter, in light of His Majesty the King's passing.
Thailand - Production and Sales of new vehicles
| Oct. 2016 |
Growth Y-o-Y (%) |
Jan.-Oct. 2016 |
Growth YTD (%) |
|
|---|---|---|---|---|
| Production | 161,105 | -2.6% | 1,637,841 | 2.6% |
| Domestic Sales | 60,634 | -10.7% | 617,159 | -0.7% |
| Export (CBU) | 103,192 | -7.2% | 1,003,918 | -1.3% |
Flash report, September 2016
20 Oct. 2016
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
September vehicle sales in Thailand up 2.9%, September production up 0.9%
According to MarkLines Data Center, September vehicle sales in Thailand increased 2.9% year on year to 63,641 units.
By brand sales in September, Toyota was down 1.8% to 22,110 units. Isuzu was down 2.0% to 10,427 units and Honda was up 7.3% to 8,821 units. Mitsubishi sales were up 36.9% to 4,441 units and Ford was up 20.7% to 3,710 units.
January-September vehicle sales in Thailand increased 0.5% year on year to 556,525 units.
New vehicle production in September increased 0.9% to 173,069 units and in the first 9 months new vehicle production increased 3.1% to 1,476,736 units.
September new vehicle export decreased 9.9% to 112,565 units and in the first 9 months new vehicle export decreased 0.5% to 900,726 units.
Despite the uptick in sales, the Federation of Thai Industries (FTI) remains cautious about the domestic car market's prospects, particularly in the last quarter, in light of His Majesty the King's passing. It expects the market to feel the effects for several weeks before returning to normal.
Thailand - Production and Sales of new vehicles
| Sep. 2016 |
Growth Y-o-Y (%) |
Jan.-Sep. 2016 |
Growth YTD (%) |
|
|---|---|---|---|---|
| Production | 173,069 | 0.9% | 1,476,736 | 3.1% |
| Domestic Sales (*) | 63,641 | 2.9% | 556,525 | 0.5% |
| Export (CBU) | 112,565 | -9.9% | 900,726 | -0.5% |
(*) Figures have been updated with latest information. (Oct. 25, 2016)
Flash report, August 2016
23 Sep. 2016
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
August vehicle sales in Thailand up 2.6%, August production down 1.8%
According to MarkLines Data Center, August vehicle sales in Thailand increased 2.6% year on year to 63,619 units.
By brand sales in August, Toyota was down 1.4% to 21,156 units. Isuzu was down 0.8% to 10,968 units and Honda was up 18.8% to 9,625 units. Mitsubishi sales were down 0.4% to 4,114 units and Ford was up 14.3% to 3,668 units.
January-August vehicle sales in Thailand increased 0.2% year on year to 492,884 units.
New vehicle production in August decreased 1.8% to 156,337 units and in the first 8 months new vehicle production increased 3.4% to 1,303,667 units.
August new vehicle export decreased 7.7% to 94,183 units and in the first 8 months new vehicle export increased 1.0% to 788,161 units.
Thailand - Production and Sales of new vehicles
| Aug. 2016 |
Growth Y-o-Y (%) |
Jan.-Aug. 2016 |
Growth YTD (%) |
|
|---|---|---|---|---|
| Production | 156,337 | -1.8% | 1,303,667 | 3.4% |
| Domestic Sales | 63,619 | 2.6% | 492,884 | 0.2% |
| Export (CBU) | 94,183 | -7.7% | 788,161 | 1.0% |
Flash report, July 2016
24 Aug. 2016
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
July vehicle sales in Thailand decreased 0.4%, July production down 7.1%
According to MarkLines Data Center, July vehicle sales in Thailand decreased 0.4% year on year to 60,635 units.
By brand sales in July, Toyota was down 10.8% to 20,112 units. Isuzu was down 3.1% to 10,661 units and Honda was up 6.7% to 9,101 units. Ford sales were up 31.2% to 3,493 units and Mazda was up 18.9% to 3,474 units.
January-July vehicle sales in Thailand decreased 0.2% year on year to 429,265 units.
New vehicle production in July decreased 7.1% to 153,950 units and in the first 7 months new vehicle production increased 4.2% to 1,147,330 units.
July new vehicle export decreased 3.1% to 99,155 units and in the first 7 months new vehicle export increased 2.3% to 693,978 units.
Thailand - Production and Sales of new vehicles
| Jul. 2016 |
Growth Y-o-Y (%) |
Jan.-Jul. 2016 |
Growth YTD (%) |
|
|---|---|---|---|---|
| Production | 153,950 | -7.1% | 1,147,330 | 4.2% |
| Domestic Sales | 60,635 | -0.4% | 429,265 | -0.2% |
| Export (CBU) | 99,155 | -3.1% | 693,978 | 2.3% |
Flash report, June 2016
26 Jul. 2016
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
June vehicle sales in Thailand increased 9.5%, June production up 18.6%According to MarkLines Data Center, June vehicle sales in Thailand increased 9.5% year on year to 66,049 units.
By brand sales in June, Toyota was down 2.1% to 21,363 units. Isuzu was up 3.1% to 11,173 units and Honda was up 26.3% to 10,003 units. Mitsubishi sales were up 8.3% to 4,108 units and Ford was up 41.3% to 3,800 units.
January-June vehicle sales in Thailand decreased 0.1% year on year to 368,630 units.
By brand sales in the first half, Toyota was down 11.4% to 109,078 units. Isuzu was up 4.3% to 72,292 units and Honda was down 1.5% to 53,952 units. Mitsubishi sales were up 20.5% to 28,592 units and Nissan was down 10.6% to 23,093 units.
New vehicle production in June increased 18.6% to 179,875 units and in the first half new vehicle production increased 6.2% to 993,380 units.
June new vehicle export increased 39.4% to 107,025 units and in the first half new vehicle export increased 3.3% to 594,823 units.
Thailand - Production and Sales of new vehicles
| Jun. 2016 |
Growth Y-o-Y (%) |
Jan.-Jun. 2016 |
Growth YTD (%) |
|
|---|---|---|---|---|
| Production | 179,875 | 18.6% | 993,380 | 6.2% |
| Domestic Sales | 66,049 | 9.5% | 368,630 | -0.1% |
| Export (CBU) | 107,025 | 39.4% | 594,823 | 3.3% |
Flash report, May 2016
22 Jun. 2016
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
May vehicle production in Thailand up 24.7%, sales were up 15.9%
According to FTI, Bangkok Post and The Nation, vehicle production in May surged 24.7% year on year to 168,394 units, increasing total production from January to May 3.8% to 813,505 units.
FTI reported on June 21 that production for domestic sales in May climbed 28.4% to 70,192 units, and production for export in May rose 22.1% year on year to 98,202 units.
The double digit production increase in May is attributed to special factors such as Toyota Hilux's low volume in May 2015 due to a model change, and production of an all-new Honda Civic starting in March 2016.
The export of finished cars in May edged up 11.9% year on year to 99,547 units, and decreased 2.3% to 487,798 units in the first five months.
FTI reported that sales surged by 15.9% year on year in May to 66,019 vehicles. However, the market for the first five months remained in the red, down 2.0% from the same period last year to 302,565 units.
FTI 's spokesman Surapong Paisitpatanapong said the sales surge reflected improved economic conditions helped by government measures to boost spending and state investment in infrastructure projects. "We strongly believe the government's stimulus measures and accelerated investment in megaprojects will help boost car sales in the remaining months," he said.
Thailand - Production and Sales of new vehicles
| May 2016 |
Growth Y-o-Y (%) |
Jan.-May 2016 |
Growth YTD (%) |
|
|---|---|---|---|---|
| Production | 168,394 | 24.7% | 813,505 | 3.8% |
| Domestic Sales | 66,019 | 15.9% | 302,565 | -2.0% |
| Export (CBU) | 99,547 | 11.9% | 487,798 | -2.3% |
Flash report, April 2016
24 May 2016
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
April vehicle sales in Thailand increased by 1.7%, production up 11.5%
According to Thai Toyota and other sources, new vehicle sales in Thailand increased by 1.7% to 54,986 units in April.
April sales were boosted by a 13.9% increase in pickup truck sales to 23,019 and a 92.4% surge in passenger pickup vehicles to 4,609.
By brand, Toyota was up 12.4% to 14,895 units. Isuzu was up 2.4% to 11,949 units and Honda was up 5.9% to 9,109 units. Mitsubishi sales were down 2.7% to 3,582 units and Mazda was up 12.9% to 3,443 units.
The impact of the new excise taxes from January is diminishing.
FTI has maintained its projection of domestic passenger car sales at 750,000-780,000 units this year despite witnessing a recovery in pickup truck sales. This year's sales are expected to decline by 2.5-6.2% from last year's figures.
New vehicle production in April increased 11.5% to 138,237 units, while exports decreased 2.0% to 80,401 units.
Double digit production increase in April is attributed to special factors such as Toyota Hilux's low volume in April 2015 due to model change, and an all-new Honda Civic production start in March 2016.
Thailand - Production and Sales of new vehicles
| Apr. 2016 |
Growth Y-o-Y (%) |
Jan.-Apr. 2016 |
Growth YTD (%) |
|
|---|---|---|---|---|
| Production | 138,237 | 11.5% | 645,111 | -0.5% |
| Domestic Sales | 54,986 | 1.7% | 236,546 | -6.1% |
| Export (CBU) | 80,491 | -2.0% | 388,251 | -5.4% |
Flash report, March 2016
20 Apr. 2016
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
New vehicle sales in Thailand fell by 2.0% in March
According to Thai Toyota and other sources, new vehicle sales in Thailand fell by 2.0% to 72,646 units in March.
By brand, Toyota was down 23.1% to 21,101 units. Isuzu was up 2.0% to 13,198 units and Honda was up 8.1% to 11,352 units. Mitsubishi sales were up 54.3% to 6,963 units and Nissan was down 19.3% to 4,848 units.
A sales decline continued, after the government introduced the new excise taxes from January 2016, which increases tax for vehicles with large engines and high emissions. However, the negative impact is becoming smaller.
Financial institutions' tight loan approval policies, accompanied by sluggish consumer spending power, helped drag down sales in the first three months.
Despite launches of new models, the Bangkok International Motor Show order taking was down 12% y/y to 32,571 units.
New vehicle production in March increased 8.2% to 192,811 units, while exports decreased 14.3% to 109,334 units.
Thailand - Production and Sales of new vehicles
| Mar. 2016 |
Growth Y-o-Y (%) |
Jan.-Mar. 2016 |
Growth YTD (%) |
|
|---|---|---|---|---|
| Production | 192,811 | 8.2% | 506,874 | -3.4% |
| Domestic Sales(*) | 72,646 | -2.0% | 181,560 | -8.2% |
| Export (CBU) | 109,334 | -14.3% | 307,760 | -6.2% |
* Figures have been updated with latest information. (Apr. 28, 2016)
Flash report, February 2016
17 Mar. 2016
*Data in the flash report may from time to time differ from data in the detail report to be announced at a later date due to a difference in the data source.
Thailand - Production and Sales of new vehicles
| Feb.2016 | GrowthY-o-Y (%) | Jan.-Feb.2016 | GrowthYTD (%) | |
|---|---|---|---|---|
| Production | 166,412 | -7.1% | 314,063 | -9.3% |
| Domestic Sales | 57,093 | -10.7% | 108,914 | -11.9% |
| Export (CBU) | 104,712 | -3.2% | 198,426 | -1.1% |
Flash report, January 2016
18 Feb. 2016
*Data in the flash report may from time to time differ from data in the detail report to be announced at a later date due to a difference in the data source.
Thailand - Production and Sales of new vehicles
| Jan. 2016 | GrowthY-o-Y (%) | |
|---|---|---|
| Production | 147,651 | -11.7% |
| Domestic Sales | 51,821 | -13.2% |
| Export (CBU) | 93,714 | 1.4% |