Report Update: Apr 1, 2024

Thailand - Bodies For Motor Vehicles For The Transporting People - Market Analysis, Forecast, Size, Trends And Insights

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Transportation Vehicle Body Price in Thailand - 2023

Transportation Vehicle Body Price in Thailand (CIF) - 2023

In September 2023, the average transportation vehicle body import price amounted to $4,060 per unit, reducing by -11.3% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 42% m-o-m. As a result, import price attained the peak level of $4,973 per unit; afterwards, it flattened through to September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,575 per unit), while the price for Germany ($3,703 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Transportation Vehicle Body Price in Thailand (FOB) - 2022

The average transportation vehicle body export price stood at $492 per unit in 2022, rising by 22% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. The growth pace was the most rapid in 2019 an increase of 84% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($1,941 per unit), while the average price for exports to Vietnam ($39 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.

Transportation Vehicle Body Imports in Thailand

In 2022, after three years of growth, there was significant decline in supplies from abroad of bodies for motor vehicles for the transporting people, when their volume decreased by -47.7% to 20K units. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of 38K units, and then dropped remarkably in the following year.

In value terms, transportation vehicle body imports fell markedly to $82M in 2022. Over the period under review, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of $133M, and then reduced notably in the following year.

Import of Transportation Vehicle Body in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	36.4	20.6	29.8	40.7	3.8%
United States	53.6	64.7	84.9	30.2	-17.4%
Austria	N/A	N/A	3.3	5.7	72.7%
Mexico	N/A	2.6	4.3	4.4	30.1%
China	8.9	10.9	9.3	0.5	-61.7%
Others	2.0	0.5	1.1	0.5	-37.0%
Total	101	99.3	133	82.1	-6.7%

Top Suppliers of Transportation Vehicle Body to Thailand in 2022:

Germany (10.5K units)
United States (6.3K units)
Austria (1.4K units)
Mexico (1.3K units)
China (0.2K units)

Transportation Vehicle Body Exports in Thailand

In 2022, after three years of growth, there was decline in shipments abroad of bodies for motor vehicles for the transporting people, when their volume decreased by -3.3% to 50K units. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. As a result, the exports attained the peak of 51K units, and then shrank slightly in the following year.

In value terms, transportation vehicle body exports soared to $24M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 48%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Transportation Vehicle Body in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	7.7	12.7	11.9	13.7	21.2%
India	3.1	1.8	3.5	6.8	29.9%
Nigeria	N/A	2.4	3.6	2.0	-8.7%
Malaysia	0.6	0.6	0.4	1.0	18.6%
South Africa	0.4	0.4	0.5	0.3	-9.1%
Vietnam	N/A	N/A	N/A	0.1	0%
Others	0.8	0.8	0.9	0.6	-9.1%
Total	12.6	18.7	20.7	24.4	24.6%

Top Export Markets for Transportation Vehicle Body from Thailand in 2022:

Japan (28.5K units)
Malaysia (8.3K units)
Nigeria (4.1K units)
India (3.5K units)
South Africa (2.2K units)
Vietnam (1.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the transportation vehicle body 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 2030.

Product coverage:

Prodcom 29201030 - Bodies for motor cars and other motor vehicles principally designed for the transport of persons (including for golf cars and similar vehicles) (excluding those for transporting . .10 persons)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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