Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Thailand - 2024

Contents:

  1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Thailand (FOB) - 2022
  2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Thailand (CIF) - 2022
  3. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Thailand
  4. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Thailand

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Thailand (FOB) - 2022

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $21,422 per unit in 2022, reducing by -18.4% against the previous year. In general, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices attained the maximum at $114,432 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($121,220 per unit), while the average price for exports to Myanmar ($12,664 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 Lao People's Democratic Republic (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Thailand (CIF) - 2022

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $33,744 per unit in 2022, dropping by -13.4% against the previous year. In general, the import price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2016 an increase of 28% against the previous year. As a result, import price reached the peak level of $60,033 per unit. From 2017 to 2022, the average 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 Italy ($193,177 per unit), while the price for Japan ($16,304 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Thailand

In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from Thailand skyrocketed to 12K units, increasing by 28% against 2021 figures. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.1% 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 +100.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 76%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs rose slightly to $253M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.4% 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 decreased by -22.3% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 59%. As a result, the exports reached the peak of $326M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar6.426.646.750.198.6%
IraqN/A1.213.844.0505.5%
Oman20.718.533.734.118.1%
Yemen9.613.124.931.849.1%
Lebanon3.72.619.719.473.7%
Saudi Arabia3.86.710.514.656.6%
United Arab Emirates3.65.812.213.053.4%
Kuwait21.16.516.311.3-18.8%
Japan36.513920.5N/A-25.1%
Uzbekistan12.655.0N/AN/A336.5%
Others86.450.444.134.8-26.1%
Total2053262422537.3%

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Thailand in 2022:

  1. Myanmar (4.0K units)
  2. Iraq (2.0K units)
  3. Yemen (1.4K units)
  4. Oman (1.3K units)
  5. Lebanon (0.8K units)
  6. Saudi Arabia (0.6K units)
  7. United Arab Emirates (0.5K units)
  8. Kuwait (0.4K units)

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Thailand

Imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs into Thailand skyrocketed to 4.7K units in 2022, increasing by 20% compared with 2021 figures. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs rose to $159M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan30.438.557.954.921.8%
Italy28.027.334.230.73.1%
Germany33.216.818.025.5-8.4%
United Kingdom30.131.629.422.5-9.2%
United States9.410.68.015.117.1%
United Arab EmiratesN/A0.52.84.9213.0%
Others6.04.43.45.7-1.7%
Total1371301541595.1%

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Thailand in 2022:

  1. Japan (3370.0 units)
  2. Germany (551.0 units)
  3. United States (257.0 units)
  4. Italy (159.0 units)
  5. United Kingdom (158.0 units)
  6. United Arab Emirates (142.0 units)

Source: IndexBox Market Intelligence Platform

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