Car sales in Thailand tumbled by 21.3 percent from a year earlier to 55,208 units in January of 2021, snapping two months of gains, due to a second wave of coronavirus infections late last year. The virus outbreak emerged in the middle of December last year, when car sales increase for a second month, up 11.3 percent year-on-year. For 2021, car sales are forecast to drop 5.3 percent to 750,000 units, after last year’s 21.4 percent plunge, due to the impact of the coronavirus pandemic. Meanwhile, exports of cars surged 13.53 percent from a year earlier to 74,132 units in January. The Federation of Thai Industries is forecasting car exports of 750,000 units this year, after last year’s 30.19 percent slump to 735,842 units. source: Thailand Automotive Institute
Total Vehicle Sales in Thailand averaged 42092.54 from 1980 until 2020, reaching an all time high of 157527 in March of 2013 and a record low of 5338 in April of 1986. This page provides - Thailand Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Total Vehicle Sales - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Total Vehicle Sales in Thailand is expected to be -5.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Total Vehicle Sales in Thailand to stand at 95000.00 in 12 months time. In the long-term, the Thailand Total Vehicle Sales is projected to trend around 95000.00 in 2022, according to our econometric models.