Car sales in Thailand grew 15.71 percent from a year earlier to 64,735 units in May of 2022, after a 9.1 percent growth in the previous month, the fifth straight month of increase, amid further easing Covid-19 restrictions and government stimulus measures. In 2022, the Federation of Thai Industries (FTI) forecast domestic sales of 800,000 to 850,000 units or a rise of 5.4 percent to 12 percent, boosted by loosening of travel curbs and economic recovery, after declining by 4 percent to 759,199 units in 2021. On a monthly basis, the car sales rose by 2.1 percent. source: Thailand Automotive Institute
Total Vehicle Sales in Thailand averaged 42799.71 Units from 1980 until 2022, reaching an all time high of 157527 Units in March of 2013 and a record low of 5338 Units 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 June of 2022.
Total Vehicle Sales in Thailand is expected to be 98000.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Total Vehicle Sales is projected to trend around 95000.00 Units in 2023, according to our econometric models.