In 2023, the import of vehicle bodies for passenger-carrying vehicles to Thailand stood at approximately 50.3 thousand units. The forecast values indicate a steady increase, reaching 58.43 thousand units by 2028. This reflects a Compound Annual Growth Rate (CAGR) of approximately 3% over the forecast period from 2024 to 2028.
Year-on-year variations in imports are as follows:
- 2024: 3.16%
- 2025: 3.25%
- 2026: 3.08%
- 2027: 2.92%
- 2028: 2.79%
The imports demonstrate a positive and consistent growth trend which suggests a rising demand for passenger vehicle bodies in Thailand.
Future trends to watch for:
- Potential impacts of global supply chain disruptions on imports.
- Changes in consumer preferences towards electric and hybrid vehicles.
- Evolving trade policies between Thailand and major exporting countries.
