Thailand - Flash report, Production volume, 2017

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More detailed statistics for Thailand

Flash report, Production volume, 2017

Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.

Flash report, December 2017

25 Jan. 2018

*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.


2017 vehicle sales in Thailand up 13.4%, production up 2.3%
According to MarkLines Data Center, December vehicle sales in Thailand increased 20.1% year over year to 104,302 units. 2017 full year vehicle sales in Thailand increased 13.4% year over year to 871,644 units.
By brand sales in 2017, Toyota was down 2.0% to 239,551 units. Isuzu was up 12.1% to 160,550 units and Honda was up 19.0% to 127,768 units. Mitsubishi sales were up 25.9% to 69,737 units, and Nissan sales were up 39.9% to 59,709 units.
By body type sales in 2017, passenger cars were up 23.7% year over year to 346,244 units, while commercial vehicles were up 7.5% to 525,400 units. Pickup sales included in the commercial vehicle sales were up 7.7% to 424,282 units.
New vehicle production in December increased 15.8% to 157,207 units and the 2017 new vehicle production increased 2.3% to 1,988,823 units.
Vehicle exports in December increased 11.3% to 95,834 units valued at THB 49.8 billion, increased 7.4%. The 2017 vehicle export decreased 4.1% to 1,139,696 units.

The Federation of Thai Industries (FTI) forecasts that Thai domestic vehicle sales are expected to rise 3.3% to 900,000 units in 2018. FTI estimates that vehicle exports will decrease 3.5% to 1.1 million units in 2018, and Thai vehicle production will grow 0.6% to 2 million units. Forecasts on vehicle sales and production were revised upward due to the positive sentiment at the end of 2017.

Thailand - Production and Sales of new vehicles
Dec.
2017
Growth
Y-o-Y (%)
Jan.-Dec.
2017
Growth
YTD (%)
Production 157,207 15.8% 1,988,823 2.3%
Domestic Sales 104,302 20.1% 871,644 13.4%
Export (CBU) 95,834 11.3% 1,139,696 -4.1%
Source: FTI (Federation of Thai Industries), Toyota Motor Thailand Co., Ltd. (TMT), various media reports




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Flash report, November 2017

21 Dec. 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.


November vehicle sales in Thailand up 20.6%, November production up 11.5%
According to MarkLines Data Center, November vehicle sales in Thailand increased 20.6% year on year to 78,082 units. January - November sales were up 12.5% to 767,348 units.
By brand sales in November, Toyota was down 7.4% to 21,744 units. Isuzu was up 18.4% to 14,224 units and Honda was up 40.3% to 10,368 units. Mitsubishi sales were up 44.9% to 6,370 units, and Ford sales were up 43.1% to 5,499 units.
By body type, passenger car sales were up 34.9% year over year to 31,435 units, while commercial vehicle sales were up 12.5% to 46,647 units. Pickup sales included in the commercial vehicle sales were up 11.0% to 38,125 units.
FTI announced that new vehicle production in November was 190,385 units, a 11.5% increase year on year. January - November production was up 1.3% to 1,831,616 units.
Vehicle exports in November were up 4.6% to 103,042 units, valued at THB 54.1 billion, up 5.8% year on year. Shipments for all region except for Europe and North America were healthy. Vehicle exports from January to November were down 5.3% to 1,043,862 units.
FTI's Automotive Industry Club forecasts that car production in Thailand will increase 1% in 2018 to 1.97 million units. Thailand's car exports will remain stable at 1.1 million units, while the local market is expected to rise by 2% to 870,000 units.

The club is concerned about the global economic outlook, which remains uncertain, especially in regard to non-tariff barriers from each country. The outlook for the domestic market is positive. A strong Thai GDP, projected to grow by 3.8-4% next year, will drive the car market,  although the growth pace may be slower than in 2017.


Thailand - Production and Sales of new vehicles
Nov.
2017
Growth
Y-o-Y (%)
Jan.-Nov.
2017
Growth
YTD (%)
Production 190,385 11.5% 1,831,616 1.3%
Domestic Sales 78,082 20.6% 767,348 12.5%
Export (CBU) 103,042 4.6% 1,043,862 -5.3%
Source: Thailand Automotive Institute


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Flash report, October 2017

24 Nov. 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.


October vehicle sales in Thailand up 13.1%, October production up 1.5%
According to MarkLines Data Center, October vehicle sales in Thailand increased 13.1% year on year to 68,551 units. January - October sales were up 11.7% to 689,260 units.
By brand sales in October, Toyota was up 1.6% to 21,197 units. Isuzu was up 6.9% to 12,080 units and Honda was up 19.2% to 9,666 units. Mitsubishi sales were up 39.8% to 5,679 units, and Nissan sales were up 45.3% to 4,610 units.
By body type, passenger car sales were up 24.3% year over year to 28,739 units, while commercial vehicle sales were up 6.1% to 39,812 units. Pickup sales included in the commercial vehicle sales were up 6.7% to 32,572 units.
 Federation of Thai Industries (FTI) revised forecasts for vehicle sales volume in 2017 to 850,000 units, up 10.6% year on year,  from previous forecasts of 830,000 units.
FTI announced that new vehicle production in October was 163,487 units, a 1.5% increase year on year. January - October production was up 0.2% to 1,641,231 units. FTI expects total car output will grow to 1.95 million units in 2017, higher than its previous forecasts of 1.93 million units.
Vehicle exports in October were down 12.0% to 90,838 units, valued at THB 49.8 billion, down 7.7% year on year. Shipments for Oceania and North America were still healthy, however shipments for Asia declined. Vehicle exports from January to October were down 6.3% to 940,820 units.


Thailand - Production and Sales of new vehicles
Oct.
2017
Growth
Y-o-Y (%)
Jan.-Oct.
2017
Growth
YTD (%)
Production 163,487 1.5% 1,641,231 0.2%
Domestic Sales 68,551 13.1% 689,260 11.7%
Export (CBU) 90,838 -12.0% 940,820 -6.3%
Source: FTI (Federation of Thai Industries), Toyota Motor Thailand Co., Ltd. (TMT), various media reports



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Flash report, September 2017

19 Oct. 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.


September vehicle sales in Thailand up 21.9%, September production up 9.9%
According to MarkLines Data Center, September vehicle sales in Thailand increased 21.9% year on year to 77,592 units. January - September sales were up 11.5% to 620,709 units.
By brand sales in September, Toyota was down 6.7% to 20,621 units. Isuzu was up 61.0% to 16,784 units and Honda was up 20.5% to 10,630 units. Mitsubishi sales were up 25.4% to 5,567 units, and Nissan sales were up 93.9% to 5,183 units.
By body type, passenger car sales were up 14.9% year over year to 29,474 units, while commercial vehicle sales were up 26.6% to 48,118 units. Pickup sales included in the commercial vehicle sales were up 23.8% to 37,967 units.
Each car distributor is featuring promotional campaigns and the Thailand International Motor Expo will run from Nov 30 to Dec 11. The local economic sentiment is viewed as strong enough to drive the car market, FTI said that with all positive factors including higher crop prices, growing tourism, rising exports, recovering private investment and acceleration of state budget disbursement, FTI projects sales volume of 245,000 units in the fourth quarter, bringing full-year car sales to 850,000-860,000 units, higher than the FTI's forecasts of 830,000 units.
FTI announced that new vehicle production in September was 190,272 units, a 9.9% increase year on year. January - September production was up 0.1% to 1,477,744 units. FTI expects total car output will grow to 1.978 million units in 2017, higher than its target of 1.93 million units, and reach at 2 million units in 2018.
Vehicle exports in September were up 7.2% to 120,654 units, for the first time in 24 months as shipments for Middle East grew after a few year's shrinking. Vehicle exports from January to September were down 5.6% to 849,982 units.


Thailand - Production and Sales of new vehicles
Sep.
2017
Growth
Y-o-Y (%)
Jan.-Sep.
2017
Growth
YTD (%)
Production 190,272 9.9% 1,477,744 0.1%
Domestic Sales 77,592 21.9% 620,709 11.5%
Export (CBU) 120,654 7.2% 849,982 -5.6%
Source: FTI (Federation of Thai Industries), Toyota Motor Thailand Co., Ltd. (TMT), various media reports



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Flash report, August 2017

21 Sep. 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.


August vehicle sales in Thailand up 6.8%, August production up 13.5%
According to MarkLines Data Center, August vehicle sales in Thailand increased 6.8% year on year to 67,962 units. January - August sales were up 10.2% to 543,117 units.
By brand sales in August, Toyota was down 24.3% to 16,009 units. Isuzu was up 16.6% to 12,784 units and Honda was up 11.3% to 10,712 units. Mitsubishi sales were up 33.8% to 5,503 units, and Ford sales were up 31.5% to 4,822 units.
By body type, passenger car sales were up 8.5% year over year to 26,868 units, while commercial vehicle sales were up 5.8% to 41,094 units. Pickup sales included in the commercial vehicle sales were up 10.1% to 33,399 units. The Federation of Thai Industries (FTI) said that domestic sales in August increased on the back of launching of new models, increases of tourists and crop production as well as pick up in exports and private sector investments.
FTI announced that new vehicle production in August was 177,415 units, a 13.5% increase year on year. January - August production was down 1.2% to 1,287,472 units.
Vehicle exports in August were 102,907 units, up 9.3% for the first time in 14 months thanks to better demand in every region except the Middle East and Africa. Vehicle exports from January to August were down 7.5% to 729,328 units.

Thailand - Production and Sales of new vehicles
Aug.
2017
Growth
Y-o-Y (%)
Jan.-Aug.
2017
Growth
YTD (%)
Production 177,415 13.5% 1,287,472 -1.2%
Domestic Sales 67,962 6.8% 543,117 10.2%
Export (CBU) 102,907 9.3% 729,328 -7.5%
Source: FTI (Federation of Thai Industries), Toyota Motor Thailand Co., Ltd. (TMT), various media reports



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Flash report, July 2017

24 Aug. 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.


July vehicle sales in Thailand up 7.5%, July production up 3.3%
According to MarkLines Data Center, July vehicle sales in Thailand increased 7.5% year on year to 65,178 units. January - July sales were up 10.7% to 475,158 units.
By brand sales in July, Toyota was down 18.0% to 16,453 units. Isuzu was up 13.8% to 12,127 units and Honda was up 15.4% to 10,501 units. Mitsubishi sales were up 62.4% to 5,168 units, and Nissan sales were up 37.4% to 4,436 units.
By body type, passenger car sales were up 10.0% year over year to 26,799 units, while commercial vehicle sales were up 5.8% to 38,379 units. Pickup sales included in the commercial vehicle sales were up 5.4% to 30,741 units. The Federation of Thai Industries (FTI) said that domestic sales in July increased on the back of launching of new models, increases of tourists and price of agricaltural products.
FTI announced that new vehicle production in July was 159,091 units, a 3.3% increase year on year. January - July production was down 3.3% to 1,110,057 units.
Vehicle exports in July were 90,015 units, down 9.2%. Vehicle exports from January to July were down 9.7% to 626,421 units.
The FTI's automotive industry club revised down its vehicle production forecast in 2017 to 1.93 million units from 2 million and vehicle shipment forecasts to 1.1 million units from 1.2million. The club revised up 2017 vehicle sales forecast to 830,000 units from 800,000 units.


Thailand - Production and Sales of new vehicles
Jul.
2017
Growth
Y-o-Y (%)
Jan.-Jul.
2017
Growth
YTD (%)
Production 159,091 3.3% 1,110,057 -3.3%
Domestic Sales 65,178 7.5% 475,158 10.7%
Export (CBU) 90,015 -9.2% 626,421 -9.7%
Source: FTI (Federation of Thai Industries), various media reports


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Flash report, June 2017

20 Jul. 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.


June vehicle sales in Thailand up 5.7%, June production down 2.5%
According to MarkLines Data Center, June vehicle sales in Thailand increased 5.7% year on year to 69,794 units. January - June sales were up 11.2% to 409,976 units.
By brand sales in June, Toyota was down 16.0% to 17,892 units. Honda was up 28.7% to 12,878 units and Isuzu was down 0.3% to 11,139 units. Mitsubishi sales were up 35.8% to 5,580 units, and Nissan sales were up 37.1% to 4,944 units.
By body type, passenger car sales were up 15.6% year over year to 29,424 units, while commercial vehicle sales were down 0.5% to 40,374 units. Pickup sales included in the commercial vehicle sales were down 3.2% to 31,044 units. The Federation of Thai Industries (FTI) said that domestic sales in June increased on the back of launching of new models, recovery of tourism industry, and investment from the government.
FTI announced that new vehicle production in June was 175,443 units, a 2.5% decrease year on year and a 3.5% increase month on month. January - June production was down 4.3% to 950,966 units.
Vehicle exports in June were 93,086 units, down 13.0%, valued at  THB 49.7 billion, down 13.6%. Vehicle exports from January to June were down 9.8% to 536,406 units.
The FTI's automotive industry club expects to revise down its car production forecast in 2017 to 1.9 million units from 2 million. The club will revise down its 2017 vehicle shipment forecast as well to 1.077-1.088 million units from the earlier 1.2 million.


Thailand - Production and Sales of new vehicles
Jun.
2017
Growth
Y-o-Y (%)
Jan.-Jun.
2017
Growth
YTD (%)
Production 175,443 -2.5% 950,966 -4.3%
Domestic Sales 69,794 5.7% 409,976 11.2%
Export (CBU) 93,086 -13.0% 536,406 -9.8%
Source: FTI (Federation of Thai Industries), various media reports



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Flash report, May 2017

21 Jun. 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.


May vehicle sales in Thailand up 0.6%, May production up 0.7%
According to MarkLines Data Center, May vehicle sales in Thailand increased 0.6% year on year to 66,422 units.
By brand sales in May, Toyota was down 19.6% to17,884 units. Isuzu was down 4.7% to 12,156 units and Honda was up 2.0% to 10,011 units. Mitsubishi sales were up 20.7% to 5,158 units, and Nissan sales were up 23.1% to 4,748 units.
By body type, passenger car sales were up 4.4% year over year to 26,151 units, while commercial vehicle sales were dowm 1.7% to 40,271 units. Pickup sales included in the commercial vehicle sales were down 3.7% to 32,317 units. The Federation of Thai Industries (FTI) said that domestic sales in May increased on the back of the recovery of Thai economy, increased exports of agricultural products, and launches of new SUV models.
Vehicle sales from January to May stood at 340,179 units, up 12.4%.
FTI announced that new vehicle production in May was 169,495 units, a 0.7% increase year on year and a 40.7% increase month on month. The total value of vehicle exports were at THB 48.0 billion, declined 12.7% from May 2016.


Thailand - Production and Sales of new vehicles
May
2017
Growth
Y-o-Y (%)
Jan.-May
2017
Growth
YTD (%)
Production 169,495 0.7% 775,523 -4.7%
Domestic Sales 66,422 0.6% 340,179 12.4%
Export (CBU) 90,092 -9.5% 443,320 -9.1%
Source: FTI (Federation of Thai Industries), various media reports



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Flash report, April 2017

18 May 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.


April vehicle sales in Thailand up 15.1%, April production down 12.9%
According to MarkLines Data Center, April vehicle sales in Thailand increased 15.1% year on year to 63,267 units.
By brand sales in April, Toyota was up 19.9% to17,798 units. Isuzu was up 1.3% to 12,107 units and Honda was down 8.4% to 8,348 units. Mitsubishi sales were up 35.8% to 4,863 units, and Mazda sales were up 22.1% to 4,203 units.
By body type, passenger car sales were up 23.2% year over year to 25,493 units, while commercial vehicle sales were up 10.1% to 37,774 units. Pickup sales included in the commercial vehicle sales were up 10.8% to 30,602 units.
Vehicle sales from January to April stood at 273,757 units, up 15.7%.
The Federation of Thai Industries (FTI) said that the market sentiment in Thailand is very good thanks to higher farm product prices, higher purchasing power in line with rising farm product prices and carmakers' new model launches during the four months.
New vehicle production in April decreased 12.9% to 120,473 units, while exports decreased 14.4% to 68,927 units, marking the lowest level in 48 months. Export value fell to THB 38.2 billion, down 11.4% year over year.

Thailand - Production and Sales of new vehicles
Apr.
2017
Growth
Y-o-Y (%)
Jan.-Apr.
2017
Growth
YTD (%)
Production 120,473 -12.9% 606,028 -6.1%
Domestic Sales 63,267 15.1% 273,757 15.7%
Export (CBU) 68,927 -14.4% 353,228 -9.0%
Source: FTI (Federation of Thai Industries), various media reports



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Flash report, March 2017

27 Apr. 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.


March vehicle sales in Thailand up 16.7%, March production down 7.3%
According to MarkLines Data Center, March vehicle sales in Thailand increased 16.7% year on year to 84,801 units.
By brand sales in March, Toyota was up 4.8% to 22,022 units. Isuzu was up 22.6% to 16,184 units and Honda was up 11.2% to 12,618 units. Mitsubishi sales were down 0.7% to 6,913 units, and Nissan sales were up 33.4% to 6,465 units.
By body type, passenger cars were up 40.9% year over year to 33,482 units thanks to active launches of new models by carmakers.
Commercial vehicle sales were up 5.0% to 51,319 units. Pickup sales included in the commercial vehicle sales were up 7.8% to 41,964 units.
Car sales from January to March stood at 210,490 units, up 15.9%. The Federation of Thai Industries (FTI) said that the market sentiment in Thailand is now very good thanks to higher farm product prices, the government's accelerated spending on megaprojects and the healthy tourism industry.
New vehicle production in March decreased 7.3% to 178,798 units, while exports decreased 3.1% to 105,967 units. The FTI is maintaining its export forecast of 1.2 million cars in 2017, adding that a revision of the car export forecast is likely in July.

Thailand - Production and Sales of new vehicles
Mar.
2017
Growth
Y-o-Y (%)
Jan.-Mar.
2017
Growth
YTD (%)
Production 178,798 -7.3% 485,555 -4.2%
Domestic Sales 84,801 16.7% 210,490 15.9%
Export (CBU) 105,967 -3.1% 284,301 -7.6%
Source: FTI (Federation of Thai Industries), various media reports



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Flash report, February 2017

23 Mar. 2017

*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.


February vehicle sales in Thailand up 19.9%, February production down 7.2%
According to MarkLines Data Center, February vehicle sales in Thailand increased 19.9% year on year to 68,435 units.
By brand sales in February, Toyota was up 38.9% to 21,532 units. Isuzu was up 1.3% to 12,326 units and Honda was up 20.4% to 9,707 units. Mitsubishi sales were up 7.2% to 5,214 units, and Nissan sales were up 21.0% to 4,357 units.
By body type, passenger cars were up 49.8% year over year to 26,702 units thanks to active launches of new models by carmakers.
Commercial vehicle sales were up 6.3% to 41,733 units. Pickup sales included in the commercial vehicle sales were up 9.8% to 34,480 units.
New vehicle production in February decreased 7.2% to 154,496 units, while exports decreased 6.2% to 98,237 units.


Thailand - Production and Sales of new vehicles
Feb.
2017
Growth
Y-o-Y (%)
Jan.-Feb.
2017
Growth
YTD (%)
Production 154,496 -7.2% 306,757 -2.3%
Domestic Sales 68,435 19.9% 125,689 15.4%
Export (CBU) 98,237 -6.2% 178,334 -10.1%
Source: FTI (Federation of Thai Industries)



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Flash report, January 2017

23 Feb. 2017

*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.


January vehicle sales in Thailand up 10.5%, January production up 3.1%
According to MarkLines Data Center, January vehicle sales in Thailand increased 10.5% year on year to 57,254 units.
By brand sales in January, Toyota was up 9.5% to 15,075 units. Isuzu was up 19.5% to 13,197 units and Honda was up 40.1% to 7,866 units. Mitsubishi sales were up 0.2% to 4,809 units, and Nissan sales were down 16.9% to 3,533 units.
By body type, passenger cars were up 23.5% year over year to 20,228 units. Commercial vehicle sales were up 4.5% to 37,026 units. Pickup sales included in the commercial vehicle sales were up 5.6% to 30,612 units.
New vehicle production in January increased 3.1% to 152,261 units, while exports decreased 14.5% to 80,097 units.
The Federation of Thai Industries (FTI) forecasts that Thai domestic car sales are expected to rise to 800,000 units in 2017 due to the the expiry of the five-year lock-up period for vehicles bought under the first-time car buyer scheme. FTI estimates that vehicle exports will probably remain flat at 1.2 million units in 2017, and Thai automotive output will grow by 2.9% to 2 million units.


Thailand - Production and Sales of new vehicles
Jan. 2017 Growth
Y-o-Y (%)
Production 152,261 3.1%
Domestic Sales 57,254 10.5%
Export (CBU) 80,097 -14.5%
Source: FTI (Federation of Thai Industries)




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