THAILAND The market

Main sectors of the Thai market
  Presentation
  Our services
  Thai Economy
  Thai Market
  Affiliate Firms
  Contact


French Version

 

Automotive

The Thai automotive market is dominated by the Japanese carmakers which own about 90% of the global market.
Pickup vehicles account for about 59% of the market following by PV (33%). The main global carmakers are based in Thailand through assembly factories. The present production capacity will sharply increase in the years to come in order to match the expected strong expansion of both the local and export markets. About 1,250 auto-parts makers are based in Thailand, 310 of which are first-tier suppliers.

Electronics & ICT

The second biggest investment category in Thailand after the automobile, the electronics and Information & Communication Technology (ICT) industry is one of the main drivers of the Thai economy. In these industries, computers and peripherals - particularly printers, hard disk drive parts - as well as electronic components and parts (specifically IC, PCBA and transistors) are the biggest export products. Consumer electronics like TVs and stereo equipment are also export stars. Through the creation of the Ministry of ICT, the current government aims to strongly encourage growth in the ICT sector. According to the International Data Corporation, the Thai IT market will grow at an annual rate of 16% with a total value reaching US$ 3.4 billion in 2006. The software market will grow 37% a year thanks to government enforcement of copyright law. Meanwhile, the PC market will continue to grow at 15% per annum.

Food Industry

Thailand is the world's 14th leading exporter of food with a share of 2.3%. The food industry is an important economic sector of the country. Thailand's major food exports include fishery products, rice and cereal products, meat and poultry products, fruit and vegetable products, sugar and animal feeds. There are about 9,500 food factories in the country, 90% of which are small and medium-scale and 5% are large scale enterprises.

Construction

The construction sector was hit hard by the '97 economic crisis. It has started its recovery since 2002 with a 6% annual growth rate, mainly carried by the private sector which represents the main part of the investments. The construction sector is made up of 18,000 companies, of whom 90% are SMEs.

Infrastructures

Airports : Passenger traffic at Don Muang International Airport was 31.8 million for the year 2005. Suvarnabhumi Airport is the new Bangkok International airport in place of Don Muang. Once this new airport is developed to its maximum capacity, there will be four runways and a passenger terminal complex able to accommodate up to 100 million passengers per year. This airport is operational since September 2006.


Rail : The State Railway of Thailand is in charge of the national rail sector. In order to upgrade it network, the SRT is running a program aiming the construction of new railways and rehabilitation of the existent one. A program of double tracking and signaling is also ongoing. The SRT is targetting to rehabilitate several of its locomotives. Moreover, for the past few years, the Government has been developing a metro rail system for Bangkok through a mixture of private and public funding, in order to reduce dependence on the motor car. Buses remain a cheap alternative and provide much of the mass transportation within the city.


Harbors : Marine cargo growth continues at between 9 and 10% per annum at both Bangkok and Laem Chebang ports, forcing the latter into expansion in the near future especially for container traffic. The Thai commercial fleet is about 390 vessels.

Tourism

Thailand continues to attract tourists mainly due to its image as a stable and peaceful country with excellent quality of products and services at good value. Tourism revenue to the country in 2002 had risen by 11.5 per cent to 360.6 billion Baht ($14.7 billion), accounting for around 6.7 per cent of the country's gross domestic product. In 2005, about 12 million tourists visited the country. Although the impact of the December 2004 tsunami, the bird flu recurrence and rising fuel prices were negative factors, the number of foreign tourists have reached 12 millions in 2005.

Energy

With about 380 billion cubic meters of proven reserves, natural gas constitutes the main source of energy for Thailand (600 millions of barrels for oil and 1,268 billion tons for coal). Nevertheless, with an independency rate of 45%, Thailand is strongly dependent on exterior supplying and notably crude oil, of which Thailand imports 87% of its needs. Widely exploited, natural gas represents 40% of the primary energy production of the country (renewable energies, 31%, lignite, 13%, crude oil, 7%, condensate, 6% and hydroelectricity, 3%). The final energy consumption (53,000 tons oil equivalent in 2002), principally concentrates on the transportation sector (37%) and of industry (35%) and in a minimal way on the residential sectors & commercial (22%) and on the one of agriculture (6%).

Steel industry

Steel industry. About 9.5 million tons of steel have been produced in Thailand in 2002 : 4.617 millions tons for the flat products and 3.365 millions tons for the long products. The consumption was set at about 17 million tons, mostly covered by imports (9 million tons in 2002). The sector, widely affected by the 1997 economic crisis, is currently under restructuring.

Telecommunications

Thailand counts approximately 10 million fixed telephone lines and as much cell phones. The fixed telephone sector is composed of four principal public and private actors: Telephone Organization of Thailand (TOT), Thai Telephone and Telecommunication (TT&T), Telecom Asia (TA) & Communication Authority of Thailand (CAT). In strong growth, the mobile telephone sector shows a very high competing context with the presence on the market of 4 operators: Advance Information Service, Total Access Communication (DTAC), Orange and Hutch.

Environment

Waste management : Production of waste in Thailand is in constant increase. Almost the entirety of this waste is put in rubbish dump and very few projects of incinerators have been considered. Only 11% of waste are currently recycled.

Water treatment : Approximately 65 stations of purification are currently in operation in Thailand for a daily treatment capacity of 10 million m3.

Air pollution : With approximately 25 million automobiles, an industrial sector under development and in parallel, non constraining emissions standards, Thailand (especially Bangkok and its area) are confronted with a serious problem of air pollution.

 

 

E-mail :


Copyright © 2005-2008, THAILAND FOCUS - All rights reserved
Website Design : http://www.primpage.com