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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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View PricingThailand: 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 totaled $X in 2023, picking up by X% against the previous year. In general, consumption posted a resilient increase. Consumption of peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.
Production of Motorcycles and Cycles With an Auxiliary Motor in Thailand
In value terms, production of motorcycles and cycles with an auxiliary motor rose rapidly to $X in 2023 estimated in export price. Over the period under review, production saw a resilient expansion. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, production of attained the maximum level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.
Exports of Motorcycles and Cycles With an Auxiliary Motor
Exports from Thailand
In 2023, shipments abroad of motorcycles and cycles with an auxiliary motor was finally on the rise to reach X units after two years of decline. Overall, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports of reached the maximum at X units in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.
In value terms, exports of motorcycles and cycles with an auxiliary motor soared to $X in 2023. In general, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2017; however, from 2018 to 2023, the exports failed to regain momentum.
Exports by Country
Myanmar (X units), Hong Kong SAR (X units) and Singapore (X units) were the main destinations of exports of motorcycles and cycles with an auxiliary motor from Thailand, with a combined X% share of total exports. Maldives, Japan, Cambodia and Lao People's Democratic Republic lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for Maldives (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Myanmar ($X), Maldives ($X) and Singapore ($X) were the largest markets for motorcycles and cycles with an auxiliary motor exported from Thailand worldwide, together accounting for X% of total exports.
Maldives, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average export price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per unit), while the average price for exports to Cambodia ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (X%), while the prices for the other major destinations experienced a decline.
Imports of Motorcycles and Cycles With an Auxiliary Motor
Imports into Thailand
In 2023, purchases abroad of motorcycles and cycles with an auxiliary motor decreased by X% to X units, falling for the second consecutive year after three years of growth. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2022 to 2023, the growth of imports of failed to regain momentum.
In value terms, imports of motorcycles and cycles with an auxiliary motor shrank significantly to $X in 2023. Overall, imports recorded a precipitous descent. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports of failed to regain momentum.
Imports by Country
In 2023, China (X units) constituted the largest motorcycles and cycles with an auxiliary motor supplier to Thailand, with a X% share of total imports. Moreover, imports of motorcycles and cycles with an auxiliary motor from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), twofold. Venezuela (X units) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Venezuela (X% per year).
In value terms, Venezuela ($X) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Thailand, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by the Philippines, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from Venezuela was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the Philippines (X% per year).
Import Prices by Country
In 2023, the average import price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Venezuela ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
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:
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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