Key Market Indicators
Car registration in Thailand is projected to reach 410,200 units by 2026. This is an increase of 0.1% each year from 2021's total of 369,000. Since 2010, demand has risen by 2.4% each year. Car production in Thailand is estimated to hit 678,830 units by 2026. This is a year-on-year growth rate of 0.2% from 2021's total of 596,160. Since 2002, supply has decreased by 5.8% each year. In 2021, Thailand placed 17th globally, behind Indonesia's 596,160 units. Japan, Germany and South Korea ranked second, third and fourth respectively.