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Thailand Freight Transport and Shipping Report Q2 2016

  • February 2016
  • -
  • Business Monitor International
  • -
  • 39 pages

Includes 3 FREE quarterly updates


BMI View:
Thailand is set to see positive growth across freight modes in 2016, but largely at a slower pace than seen in 2015. This is as a result of the renewed political uncertainty in the country and the general slowdown in the wider Asia Pacific region, which will negatively affect Thailand's exports and act as a drag on trade and freight volumes. We have revised down a number of 2016 forecasts from last quarter, but expect freight volumes and trade figures to rebound going into 2017 and beyond.


Key Forecasts And Latest Updates
- We have downgraded our forecast for 2016 total real trade growth from 5.2% to 2.4%, on the back of downgrades to most fundamentals amid renewed political uncertainty in the country.
- An even more significant shift has occurred in our forecasts for Thailand's imports and exports over 2016. Last quarter, we had expected robust growth in both, of 5.25% and 5.15% respectively. On the back of recent political developments and our more sanguine outlook on the Thai economy, we now expect contractions on both fronts, forecasting imports to shrink by 1.4% and exports by 2.1%.
- While we are less bullish on its prospects than last quarter, rail freight is still set to be the outperformer in the Thai freight sector, expanding by 4.7% over 2016.
- We expect positive growth in freight volumes transported via both the inland waterway network and maritime facilities in 2016, despite congestion issues and an uncertain economic environment in the wider region.

Table Of Contents

Thailand Freight Transport and Shipping Report Q2 2016
BMI Industry View ... 5
Table: Trade Overview (Thailand 2013-2020) . 5
SWOT 6
Freight Transport .. 6
Industry Forecast 8
Trade Forecast .. 8
Table: Trade Overview (Thailand 2013-2020) . 9
Table: Key Trade Indicators (Thailand 2013-2020) . . 9
Table: Main Import Partners 10
Table: Main Export Partners 11
Road Freight Forecast .. 12
Table: Road Freight (Thailand 2013-2020) 14
Rail Freight Forecast ... 15
Table: Rail Freight (Thailand 2013-2020) . 17
Air Freight Forecast 17
Table: Air Freight (Thailand 2013-2020) . . 19
Shipping Forecast 19
Inland Waterways .. 20
Table: Inland Waterway Freight (Thailand 2013-2020) . . 21
Ocean Shipping . 21
Table: Major Ports Data (Thailand 2013-2020) . 24
Table: Top Import Partners, 2006-2013 . 24
Table: Top Export Destinations, 2006-2013 25
Market Overview ... 26
Company Profile 28
Thai Cargo . 28
Demographic Forecast . 31
Table: Population Headline Indicators (Thailand 1990-2025) . 32
Table: Key Population Ratios (Thailand 1990-2025) . . 32
Table: Urban/Rural Population and Life Expectancy (Thailand 1990-2025) . 33
Table: Population By Age Group (Thailand 1990-2025) . . 33
Table: Population By Age Group % (Thailand 1990-2025) . . 34
Methodology .. 36
Industry Forecast Methodology 36
Sector-Specific Methodology 37
Sources 39

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