Thailand (FTI): Auto production in 2019, minus for the first time in five years: 2 million vehicles per year
Bangkok
January 30, 2020
Thai Federation of Industry (FTI): (see table)
On January 22, 2019, it was announced that vehicle production in 2019 decreased by 7.1% from the previous year to 2,13,710 units.
2019: Vehicle production
In 2019, it is the first minus in five years.
December single month decreased by 20.8% compared to the same month of the previous year.
This was a significant drop to 134,208 units, a negative figure for eight consecutive months.
2019: Breakdown of production volume
For domestic sales: 976,546 units down 4.7% year-on-year,
For overseas exports: 1,037,164 units, down 9.2% year-on-year,
Both domestic sales and exports have been declining.
Vehicle type:
Passenger cars: 804,340 units, down 9.1% year on year,
Commercial vehicles: 1,209,370 units, down 5.7% year-on-year,
2019: Exports
Sales decreased by 7.6% to 1,05,103 units.
Export: Destination
Exports increased in the Middle East (up 21.8%)
Asia (down 0.8%)
Europe (down 5.5%),
Oceania (down 15.2%),
North America (down 16.5%),
Latin America (down 24.2%),
Africa (down 19.5%)
It became minus everywhere.
-JETRO
https://www.jetro.go.jp/biznews/2020/01/01aa4a777e2193b6.html