Thailand - Tyres For Motor Cars - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPassenger Car Tyre Price in Thailand - 2023
Contents:
- Passenger Car Tyre Price in Thailand (FOB) - 2023
- Passenger Car Tyre Price in Thailand (CIF) - 2023
- Passenger Car Tyre Exports in Thailand
- Passenger Car Tyre Imports in Thailand
Passenger Car Tyre Price in Thailand (FOB) - 2023
In July 2023, the average passenger car tyre export price amounted to $41.9 per unit, surging by 2.2% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 when the average export price increased by 5.9% m-o-m. As a result, the export price reached the peak level of $45.0 per unit. From September 2022 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($72.3 per unit), while the average price for exports to the Netherlands ($26.6 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Passenger Car Tyre Price in Thailand (CIF) - 2023
In July 2023, the average passenger car tyre import price amounted to $50.8 per unit, reducing by -4% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 13% against the previous month. Over the period under review, average import prices reached the peak figure at $58.9 per unit in January 2023; however, from February 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($121 per unit), while the price for Vietnam ($19.7 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Passenger Car Tyre Exports in Thailand
In 2022, passenger car tyre exports from Thailand contracted to 64M units, falling by -9.5% against 2021. Over the period under review, exports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2021 with an increase of 5.7%. As a result, the exports attained the peak of 71M units, and then dropped in the following year.
In value terms, passenger car tyre exports fell modestly to $2.8B in 2022. In general, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when exports increased by 5.1%. The exports peaked at $3.1B in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Passenger Car Tyre in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,682 | 1,569 | 1,501 | 1,229 | -9.9% |
| South Korea | 106 | 118 | 160 | 192 | 21.9% |
| Japan | 145 | 137 | 155 | 175 | 6.5% |
| Malaysia | 114 | 94.6 | 107 | 147 | 8.8% |
| Australia | 116 | 108 | 153 | 136 | 5.4% |
| Vietnam | 72.0 | 56.1 | 57.0 | 87.7 | 6.8% |
| China | 69.5 | 78.6 | 98.9 | 72.5 | 1.4% |
| Saudi Arabia | 49.4 | 29.0 | 40.8 | 48.3 | -0.7% |
| Philippines | 25.3 | 15.4 | 31.8 | 46.7 | 22.7% |
| United Arab Emirates | 37.3 | 26.2 | 33.0 | 45.8 | 7.1% |
| United Kingdom | 29.2 | 23.6 | 23.4 | 36.9 | 8.1% |
| Others | 649 | 504 | 539 | 567 | -4.4% |
| Total | 3,094 | 2,760 | 2,900 | 2,784 | -3.5% |
Top Export Markets for Passenger Car Tyre from Thailand in 2022:
- United States (29.1M units)
- Japan (4.5M units)
- Malaysia (4.0M units)
- South Korea (2.9M units)
- Australia (2.8M units)
- Vietnam (2.0M units)
- China (1.4M units)
- Saudi Arabia (1.3M units)
- United Arab Emirates (1.1M units)
- Philippines (1.0M units)
- United Kingdom (1.0M units)
Passenger Car Tyre Imports in Thailand
In 2022, overseas purchases of tyres for motor cars decreased by -0.7% to 5.2M units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 7% against the previous year. As a result, imports attained the peak of 5.6M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, passenger car tyre imports shrank to $253M in 2022. Over the period under review, imports continue to indicate a mild decline. The pace of growth was the most pronounced in 2020 when imports increased by 0.2% against the previous year. As a result, imports reached the peak of $261M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Passenger Car Tyre in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 63.6 | 89.7 | 81.5 | 78.2 | 7.1% |
| Japan | 33.5 | 30.8 | 30.2 | 37.0 | 3.4% |
| Malaysia | 34.1 | 27.5 | 21.6 | 24.4 | -10.6% |
| Indonesia | 25.1 | 24.6 | 18.8 | 19.6 | -7.9% |
| France | 9.8 | 13.1 | 12.4 | 11.9 | 6.7% |
| Germany | 12.2 | 9.2 | 11.5 | 11.7 | -1.4% |
| South Korea | 6.5 | 8.0 | 11.7 | 11.7 | 21.6% |
| Italy | 7.4 | 11.2 | 13.0 | 9.9 | 10.2% |
| Poland | 2.1 | 5.1 | 6.7 | 8.0 | 56.2% |
| United States | 21.2 | 15.4 | 19.2 | 7.0 | -30.9% |
| Vietnam | 3.3 | 3.7 | 4.5 | 4.4 | 10.1% |
| Taiwan (Chinese) | 2.3 | 1.7 | 2.2 | 2.4 | 1.4% |
| United Arab Emirates | 21.2 | N/A | N/A | N/A | 0% |
| Others | 18.3 | 21.1 | 24.3 | 26.6 | 13.3% |
| Total | 261 | 261 | 257 | 253 | -1.0% |
Top Suppliers of Passenger Car Tyre to Thailand in 2022:
- China (2237.2K units)
- Japan (530.4K units)
- Indonesia (475.4K units)
- Malaysia (453.2K units)
- South Korea (263.0K units)
- Vietnam (172.7K units)
- Italy (158.7K units)
- France (138.1K units)
- Taiwan (Chinese) (101.5K units)
- Germany (98.5K units)
- Poland (82.3K units)
- United States (72.3K units)
- United Arab Emirates (0.5K units)
This report provides an in-depth analysis of the passenger car tyre 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 22111100 - New pneumatic rubber tyres for motor cars (including for racing cars)
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
-
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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