mazda ppt for automechanika part1
TRANSCRIPT
Updated Information on Trade and Investment Opportunities in Thailand:
Automotive Industry Part 1
Ms.Bussarakum SriratanaDirector
Thailand Board of Investment, Frankfurt Office
Thai Economy Overview
Thailand’s Global Economic Ranking
Source: The Economist’s Pocket World in Figures, 2008
18th largest Tourist Receipts
19th largest Economy by Purchasing Power
20th largest Manufacturing Output
25th biggest Trader of Goods
27th largest Industrial Output
30th biggest Exporter as % of World Exports
35th largest Service Output
36th largest Economy
Thailand Economy at a GlancePopulation (2007) 65 million
ASEAN Population 570 million
Literacy Rate 95%
Minimum Wage (1 Jun. 08, Bangkok) EUR 4.06
GDP (2007) EUR 162 billion
GDP per Capita (2007) EUR 2,455
GDP Growth (2007) 4.8%
GDP Growth (2008)* 4.5-5.5%
Export Growth (2007) 18.10%
Corporate Income Tax 10-30%
Withholding Tax 10-15%
Value Added Tax 7%
* EstimatedUSD 1 = THB 33EUR 1 = THB 50
Top 15 Exports Item 2004 2005 2006 2007 2008 (Jan-Jul)
Computer and accessories 7,377 9,489 11,316 11,919 6,922
Motor cars, parts and accessoriesMotor cars, parts and accessories 4,4164,416 6,2066,206 7,2477,247 8,3038,303 5,2025,202
Refine fuels 1,421 1,900 2,776 2,814 3,305
Precious stones and jewelry 2,126 2,587 2,797 3,703 2,937
Rice 2,167 1,860 1,964 2,384 2,642
Rubber 2,749 2,974 4,110 3,887 2,629
Electronic integrated circuits 3,929 4,769 5,352 5,559 2,532
Polymers of ethylene, propylene, etc 2,496 3,358 3,428 3,590 2,276
Iron and steel and their products 1,992 2,310 2,681 3,153 1,954
Rubber products 1,560 1,882 2,345 2,518 1,712
Chemicals 1,657 2,115 2,610 2,701 1,668
Machinery and accessories 1,342 1,690 2,017 2,978 1,606
Airconditioner and accessories 1,599 1,747 1,749 2,205 1,484
Frozen and preserved seafoods 1,814 2,006 2,261 2,180 1,368
Electronic equipment and accessories 1,478 1,766 1,910 2,527 1,234
Source: Ministry of Commerce
Unit: M.Euro (Euro 1 = Baht 50)
Top 20 Export MarketsNo. 2005 2006 2007 2007 2008
(Jan.-Jul.) (Jan.-Jul.)
1 U.S.A. 13,606 14,814 13,240 7,533 7,544
2 JAPAN 12,058 12,479 12,404 7,091 7,513
3 CHINA 7,348 8,920 10,205 5,430 6,469
4 MALAYSIA 4,658 5,039 5,371 3,026 3,946
5 SINGAPORE 6,161 6,372 6,557 3,228 3,894
6 HONG KONG 4,941 5,457 5,908 2,999 3,882
7 AUSTRALIA 2,542 3,305 3,947 2,161 2,867
8 INDONESIA 3,179 2,524 3,274 1,839 2,453
9 VIETNAM 1,896 2,338 2,614 1,330 2,047
10 NETHERLANDS 2,220 2,463 2,619 1,465 1,565
11 UNITED KINGDOM 2,242 2,588 2,449 1,396 1,391
12 PHILIPPINES 1,646 1,956 1,998 1,119 1,350
13 S. KOREA 1,812 2,032 2,044 1,138 1,264
14 INDIA 1,222 1,374 1,834 1,044 1,210
1515 GERMANYGERMANY 1,6061,606 1,7721,772 1,9801,980 1,0961,096 1,1591,159
16 TAIWAN 2,177 2,562 2,295 1,454 1,103
17 U. ARAB EMIRATES 942 1,121 1,517 793 989
18 CAMBODIA 736 940 934 515 829
19 ITALY 997 1,136 1,273 783 794
20 FRANCE 1,038 1,085 1,137 647 706
Source: Ministry of Commerce
Unit: M.Euro (Euro 1 = Baht 50)
1 China 1111 ThailandThailand2 India 12 France
3 United States 13 Malaysia
4 Russian Federation 14 Indonesia
5 Brazil 15 Singapore
6 Vietnam 16 Italy
7 United Kingdom 17 Ukraine
8 Australia 18 Japan
9 Mexico 19 Canada
10 Poland and Germany 20 Republic of Korea
Source: UNCTAD World investment Prospects Survey, 2007-2009
Most Attractive Economies for the Location of FDI 2007-2009
WORLD BANKEase of doing business 2009
1 Singapore 12 Japan
2 New Zealand 1313 THAILANDTHAILAND3 United States 20 Malaysia
4 Hong Kong 23 Korea
5 Denmark 61 Taiwan
6 UK 83 China
7 Ireland 92 Vietnam
8 Canada 129 Indonesia
9 Australia 140 Philippines
10 Norway 165 Laos PDR
Source: World Bank, as of Sept 2008
Medium-Term (next 3 years)Rank Country1 China2 India3 Vietnam
44 ThailandThailand5 U.S.6 Russia7 Korea8 Indonesia9 Brazil10 TaiwanIncludes production, sales, R&D, outsourced operations
Long-Term (next 10 years)Rank Country1 China2 India3 Russia4 Vietnam5 U.S.
66 ThailandThailand7 Brazil8 Indonesia9 Korea10 MalaysiaIncludes production, sales, R&D, outsourced operations
Source: JBIC FY 2006 Survey: Outlook for Japanese FDI (18th Annual Survey)
Promising Countries for Overseas Business Operations
1 United States 11 Korea
2 Switzerland 12 Hong Kong
3 Denmark 14 Taiwan
4 Sweden 21 Malaysia
5 Germany 2828 ThailandThailand6 Finland 34 China
7 Singapore 48 India
8 Japan 54 Indonesia
9 United Kingdom 68 Vietnam
10 Netherlands 71 Philippines
Source: World Economic Forum, October 2007
Global Competitiveness Index 2007-2008
238
33
55
1531
118102
2410
22
86
1012
50
50
50
100
150
200
250
All Industries E&E Automobile
Thailand Vietnam Indonesia Malaysia Philippines
Source: JBIC 18th Annual Survey Report on Overseas Operations by Japanese Manufacturing Companies
Number of Surveyed Companies Looking to Strengthen or Expand in ASEAN-4
The Automotive Environment in Thailand
• Auto sector 12% of GDP
• Largest auto producer in Southeast Asia
• World’s 2nd largest producer and market of pickup trucks.
• 16 assemblers with production of 1.3 mil. units in 2007: 36% exports
• Strong Supporting Industry
~ 1,800 suppliers of Tier 1, 2 ,3
• High Local content : 80-90% for pick up and 30-70% for passenger car
AutomotivesTarget: Top 10 auto producer by 2010, producing 1,800,000 units
Economic Growth and Car ConsumptionRank
Country GDP
Growth (%)
GDP per
Capita
(US$)
Population
(M. Perso
ns)
Persons per Car
Domestic
Demand
(Units/yr)
1 USA 5.0
36,200 278 2.1 17,44
0,000
2 Japan 1.3 24,900 126 2.5 5,940,
000
3 Germany
3.0
23,400
83 1.9 3,620,
000
4United Kingdom
3.0
22,800
59 2.2 2.810,
000
5 France 3.1 24,400
59 2.2 2,550,
000
6 Italy 2.7 22,100
57 1.8 2,480,
000
7 Canada 4.3 24,800
31 2.2 1,630,
000
8 Korea 9.0
16,100
47 4.0 1,130,
000
9 Thailand 4.5
2,800
62
10.0
700,0
00
10 Belgium 4.1 25,3
00
10 2.2
550,000
World Automobile Demand 2005 & ASEAN’s Free Trade NetworkWorld Automobile Demand 2005 & ASEAN’s Free Trade NetworkWorld Automobile Demand 2005 & ASEAN’s Free Trade NetworkWorld Automobile Demand 2005 & ASEAN’s Free Trade Network
Europe21.0 M.VehiclesNorth America
20.0 M.Vehicles
Total 66.0 Million Vehicles In 2005
Source: Japan Automobile Manufacturers Associationhttp://www.jama-english.jp/asia/publications/voice/20060828.pdf
Projection 2010: - China 9.0 Millions - India 1.9 Millions - ASEAN 2.6 Millions
China 5.8
S.Korea1.2
India1.5
Japan 5.9
Austria & New Zealand
1.1
ASEAN2.1
ASEAN &Free Trade
Network17.6 M.Vehicles
Unit: Million Vehicles
Thailand : The Automotive Hub of Asia
ChinaPopulation 1,285 million
Production 2005: 5.7 millionDom. Sales 2005: 5.7 million
Biggest Share: Passenger Car
ThailandPopulation 64 million
Production 2005: 1.1 millionDom. Sales 2005: 0.7 millionBiggest Share: Commercial
Vehicle (1-ton Pick up)
KoreaPopulation 47.6 million
Production 2005: 2.5 millionDom. Sales 2005: 1. 1 million
Biggest Share: Passenger Car
JapanPopulation 127.1 million
Production 2005: 10.7 millionDom. Sales 2005: 5.9 million
Biggest Share: Small & Compact Passenger Car
India Population 914 million
Production 2005: 1.6 millionDom. Sales 2005: 1.4 million
Biggest Share: Passenger Car
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.002005 2008 2010
Million Units
Asia-Pacific Vehicle Production Capacity 2005-2010Asia-Pacific Vehicle Production Capacity 2005-2010
Production in 4 ASEAN
457,000
577,547
441,678
1,287,346
1,188,0441,125,316
927,681
742,062
584,954
459,418412,207
327,233
158,130
360,303
559,428
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Source: Japan Automobile Manufacturers Associationhttp://www.jama-english.jp/asia/asean/1996-2007_Production.pdf
Thailand
Indonesia
Malaysia
Philippines
Un
its
Sales in 5 ASEAN
363,156
144,065
533,176
625,978
433,341
487,176
117,903
119,963
589,126
262,189293,231
409,362
703,432 682,161
631,251
-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Thailand
Indonesia
Malaysia
Philippines
Singapore
Source: Japan Automobile Manufacturers Associationhttp://www.jama-english.jp/asia/asean/1996-2007_Sales.pdf
Un
its
Thai Automotive Industry Growth
838,847
327,233411,721
459,418
1,287,6491,188,044
928,081
750,512
158,130
389,100
559,428
525,680434,001
584,951
1,125,316
365,055218,330
631,251
682,161626,026
533,176
296,985262,189
363,156
589,126485,678
409,362
144,065
571,580
703,405
456,614
690,100
538,962
322,053
239,440175,293152,836130,00066,70014,0008,800
21,300 180,55442,200
440,715
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1995 1996 1997 1998 1999 2542 2000 2001 2002 2003 2004 2005 2006 2007 2008(Jan-Jul)
Production Sale Export
Source: Thailand Automotive InstituteSource: Thailand Automotive Institutehttp://www.thaiauto.or.th/Records/eng/records_menu_eng.asphttp://www.thaiauto.or.th/Records/eng/records_menu_eng.asp
Year 2007 Production = 1,287,649 Units +8.4%Domestics Sale = 631,251 Units -7.5%
Export = 690,100 Units +28.2%Units
Production
Domestic Sale
Export
Passenger Cars 1-Ton TrucksTruck
TotalToyota Motor 200,000 350,000 - 550,000Mitsubishi 50,000 150,000 6,000 206,000Isuzu Motors - 200,000 20,000 220,000General Motor 40,000 120,000 - 160,000Auto Alliance - 155,000 - 155,000Nissan 36,000 98,400 5,000 139,400Honda 120,000 - - 120,000Hino Motors - - 28,800 28,800Thonburi 16,300 - - 16,300Yontrakij 12,000 - - 12,000BMW 10,000 - - 10,000Thai Swedish Assembly (Volvo) 10,000 - - 10,000Total 494,300 1,073,400 59,800 1,627,500Source: Thai Automotive Institute
Production Capacity in 2007
Company Domestic Export Total Prod.
Toyota 263,968 237,774 501,742
Mitsubishi 21,222 146,252 167,474
Isuzu 102,747 61,048 163,795
Honda 61,226 80,096 141,322
Ford & Mazda 19,693 115,333 135,026
General Motors 71,245 27,180 98,425
Nissan 41,459 22,064 63,523
Mercedes Benz 2,037 2,037
BMW 1,505 299 1,804
Volvo 610 54 664
Other 11,837 11,837
Total Production 597,549 690,100 1,287,649
Source: Thai Automotive Institute
Production in 2007
2006 2007 % Change
Export - Automobile - Motorcycle - Auto Part
51451,120
24878
730. 1015,390
25557,000.
573,277.252 69,085.88 7 ,607.42296,583.95
11.868.56
-24.6816.52
Import - Automobile - Motorcycle - Auto Part
22256
040.19353, .70
21327, .0
20107,400.
231,476.4322,740.882,266.57
206,468.99
3.3316.256.162.05
Export > Import 29195,08.
341,800.8 18.49
Thai Automotive Industry Import & Export 2006-2007Thai Automotive Industry Import & Export 2006-2007
Million Baht
Source: Thai Automotive Institute
116,938
133,345
55,671
100,752
0 00
57,45641,059
9,3712,651
66,85777,710
6,0161,000
15,342
54 00 4,478
1,400
139,361
183,849
134,111
10,711
62,934
100,752
58,322
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
200,000
Asia Oceania Middle East Africa Europe Central&SouthAmerica
Others
1 Ton P/U Passenger Car SUV Truck Total
Export Markets in 2007
Type of CBU Export 1 ton P/U = 514,592 units P Car = 154,234 units SUV = 26,544 units Truck = 0 units Total = 690,100 units
2010 Target – World’s Top 10 Total production of 2 million units Domestic sales of 1 million units
– 1-ton trucks – 700,000 units– Passenger cars – 250,000 units– Commercial Veh. – 50,000 units
Exports of 1 million units– 1-ton trucks – 800,000 units– Passenger cars – 200,000 units
THAITHAILANDLAND OF INVESTMENTOF INVESTMENT
The perfect opportunity
Thailand—Each Piece Fits Perfectly.
www. boi.go.th