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Industry Outlook Analysis

15 Oct 2025

Industry

Trump’s tariffs may drive Thai air conditioner exports to the US in 2025 to grow by 36% (Current Issue No.3614 Full Ed.)

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15 Oct 2025

Industry

Beverage shop business continues to expand, with the market value expected to reach THB 56.9 billion in 2025 (Current Issue No.3615 Full Ed.)

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14 Oct 2025

Industry

Thailand’s car exports expected to drop to 900,000 units after top market Australia revises its vehicle import rules (Current Issue No.3612 Full Ed.)

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10 Oct 2025

Energy

‘Quick Big Win’ energy campaign: A drive for greater use of clean power and long-term reduction in household electricity bills (Current Issue No.3610 Full Ed.)

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8 Oct 2025

Services

“Half-Half Plus” & state welfare card top-up may boost 2025 retail sales by an additional 0.3% from the previous forecast (Current Issue No.3608 Full Ed.)

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2 Oct 2025

Industry

Thai refrigerator and freezer exports to the US projected to contract 2.1% in 2025, hit by Trump tariffs (Current Issue No.3606 Full Ed.)

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2 Oct 2025

Industry

Bookstores have adapted to online reading behavior, potentially resulting in only a 4.5% decline in 2025 revenue (Current Issue No.3605 Full Ed.)

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23 Sep 2025

Industry

Summary of tax deduction benefits for household solar panel installation (Current Issue No.3604 Full ed.)

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17 Sep 2025

Industry

US expected to increase imports of Thai tires by 3% in 2025, despite a dip in large-sized tires hit by high AD duties (Current Issue No.3602 Full Ed.)

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3 Sep 2025

Services

Hotel and accommodation revenue expected to contract by 4.5% YoY in 2025 (Current Issue No.3598 Full Ed.)

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14 Aug 2025

Agriculture

If Thailand imports corn from the US, animal feed costs could fall by 8% (Current Issue No.3595 Full Ed.)

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1 Aug 2025

Industry

19% US reciprocal tariff may affect certain Thai motorcycle exports, but overall growth still projected at 28% (Current Issue No.3594 Full Ed.)

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31 Jul 2025

Services

Fitness business projected to grow by 18% YoY in revenue, driven by exercise trend (Current Issue No.3593 Full Ed.)

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11 Jul 2025

Agriculture

What will happen to Thailand’s pork market if the country opens up to US pork and offal imports? (Current Issue No.3591 Full Ed.)

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4 Jul 2025

Tourism

Thailand’s domestic travel in 2025 may see slow growth of 2.2% YoY, with more Thais visiting secondary cities (Current Issue No.3589 Full Ed.)

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3 Jul 2025

Industry

Direction of the Thai PCB industry under renewed trade wars and technological changes (Current Issue No.3588 Full Ed.)

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17 Jun 2025

Tourism

Thailand’s tourism sector, an economic driver beginning to lose momentum (Current Issue No.3585 Full Ed.)

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6 Jun 2025

Agriculture

Thai rice exports forecast to fall to a four-year low in 2025, chiefly due to a sharp decline in prices (Current Issue No.3584 Full Ed.)

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23 May 2025

Agriculture

Thailand’s key economic fruits, 2025: Bumper harvest could trigger a sharp decline in prices and a 4.8% drop in total sales (Current Issue No.3583 Full Ed.)

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20 May 2025

Industry

US tariff hikes on automobiles and auto parts, particularly under Section 232, to significantly impact Thai auto parts exports (Current Issue No.3582 Full Ed.)

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20 May 2025

Tourism

Foreign tourist arrivals to Thailand expected to drop by 2.8% to 34.5 million in 2025 - the first decline in three years, amid multiple challenges (Current Issue No.3581 Full Ed.)

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7 May 2025

Industry

Thai insect protein: A new opportunity for sustainable food exports (Current Issue No.3579 Full Ed.)

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17 Apr 2025

Tourism

F1’s shift towards ESG may boost Thailand’s tourism revenue by THB 7 billion (Current Issue No.3577 Full ed.)

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11 Apr 2025

Industry

Domestic car sales in 2025 may total around 530,000 units amid economic volatility (Current Issue No.3576 Full Ed.)

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1 Apr 2025

Industry

“Car Trade-in” – A proposal to revitalize the Thai auto industry (Current Issue No.3572 Full Ed.)

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1 Apr 2025

Services

Secondary cities with high income growth and low retail density are potential areas for retail business expansion (Current Issue No.3573)

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6 Mar 2025

Real Estate and Construction

In 2025, the number of home ownership transfers may shrink by 4% for the third consecutive year; LTV measures may help stimulate the market, but the impact may not be significant (Current Issue No.3568)

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6 Mar 2025

Tourism

The number of Israeli tourists visiting Thailand is expected to continue growing in 2025, reaching an estimated 350,000 visitors – a 25% increase (Current Issue No.3569 Full Ed.)

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20 Feb 2025

Industry

Thailand’s auto tire exports to the US may continue to grow despite protectionist trade measures under Trump 2.0 (Current Issue No.3560 Full Ed.)

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20 Feb 2025

Services

Retail sales in 2025 are projected to grow by 3.0%, the lowest rate in four years (Current Issue No.3561)

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7 Feb 2025

Agriculture

How ready is Thai low-carbon rice to compete with the Vietnamese? (Current Issue No.3558)

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24 Jan 2025

Tourism

Thailand will likely attract 7.5 million Chinese tourists in 2025; penetrating the Chinese tourist market may be more difficult than before (Current Issue No.3553)

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16 Jan 2025

Tourism

Thailand expects 37.5 million foreign tourists in 2025, generating revenue of around THB 1.78 trillion (Current Issue No.3545)

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23 Dec 2024

Services

Retail sales in 2025 expected to grow by 3.0%, but businesses may remain exposed to risks of intense competition and rising costs (Current Issue No.3540)

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13 Dec 2024

Services

Outlook for Thai life insurance business 2025: Adjustments to declining interest rates and prevailing purchasing power needed (Current Issue No.3538 Full Ed.)

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6 Dec 2024

Energy

Sustainable Aviation Fuel (SAF): The Global Demand-Supply Gap and Thailand’s Role (Current Issue No.3535)

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24 Oct 2024

Industry

Thailand's passenger car exports to ASEAN are expected to lose their leading position in 2024, and reclaiming the top spot may prove difficult ahead (Current Issue No.3529 Full Ed.)

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24 Oct 2024

Agriculture

The impacts of increasing frequency and severity of climate change on Thai agricultural and food exports (Current Issue No.3528 Full Ed.)

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17 Oct 2024

Energy

P2P energy trading may help reduce electricity costs in Thailand (Current Issue No.3525)

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15 Oct 2024

Tourism

Seven million Chinese tourists expected to visit Thailand in 2024, amid China’s economic slowdown and intense competition in tourism (Current Issue No.3522 Full Ed.)

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27 Sep 2024

Industry

Market turnover of alternative proteins in Thailand projected to grow 3.2% in 2024; growth of beverages outstrips food segment (Current Issue No.3520 Full Ed.)

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26 Sep 2024

Real Estate and Construction

Home loans in the banking system projected to post the lowest growth in 23 years during 2024 (Current Issue No.3521 Full Ed.)

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8 Aug 2024

Industry

Thai pet food exports projected to surge 19.5% in 2024 Thailand should penetrate premium market as consumers in this segment are willing to pay more (Current Issue No.3515 Full Ed.)

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23 Jul 2024

Agriculture

China’s severe floods cause substantial damage to rice crops. Despite this potential advantage, Thai rice exports to China in 2024 are projected to contract by 2% YoY (Current Issue No.3514 Full Ed.)

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17 Jul 2024

Industry

Increased adoption of new BEV taxis is seen in Thailand as issues related to costs and limited number of fueling stations squeeze share of other taxi type (Current Issue No.3513 Full Ed.)

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5 Jul 2024

Trading

Thailand’s halal-certified food exports to the OIC market expected to grow by 5.0% YoY in 2024; focus should be on Saudi Arabia and the UAE (Current Issue No.3510 Full Ed.)

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4 Jul 2024

Agriculture

Reduction in sugarcane burning through carbon credits to achieve net zero target (Current Issue No.3509 Full Ed.)

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14 Jun 2024

Agriculture

Durian season, 2024: Production projected to drop by 18% YoY and growers’ income may rise by only 0.3% YoY despite soaring prices (Current Issue No.3506 Full Ed.)

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11 Jun 2024

Energy

Global Solar Market Outlook (Current Issue No.3502 Full Ed.)

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10 Jun 2024

Tourism

Tax measures to boost tourism in secondary cities; domestic tourism expected to see further growth throughout 2024 (Current Issue No.3504 Full Ed.)

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7 Jun 2024

Industry

Fast fashion industry emits more carbon than the aviation and shipping industries combined (Current Issue No.3503 Full Ed.)

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30 May 2024

Trading

Thai Halal food and beverage exports may shrink by 0.8% in 2024 Thailand’s aims to become a regional halal hub remains challenging (Current Issue No.3501 Full Ed.)

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20 May 2024

Agriculture

The transition from El Niño to La Niña in 2024: Rice production in Northeastern Thailand is likely to be the hardest hit, with the total output declining by 9% (Current Issue No.3497 Full Ed.)

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17 May 2024

Industry

Views on the US’s decision to raise import tariffs on Chinese-made BEVs by fourfold (Current Issue No.3493 Full Ed.)

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10 May 2024

Services

Spending on education is projected to increase by only 2.3% as the economy has yet to fully recover amid high household expenditures (Current Issue No.3491)

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8 May 2024

Services

Turnover within the hotel and accommodation business projected to improve steadily during 2024, but competition will remain intense and there is uneven recovery seen across the sector (Current Issue No.3489 Full Ed.)

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22 Apr 2024

Industry

The development of battery electric vehicle (BEV) production base in Thailand may help reduce the impact on the supply chain of petrol-powered vehicles to THB210 billion over the next decade. (Current Issue No.3485 Full Ed.)

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19 Apr 2024

Services

Digital wallet program expected to boost 2024 retail sales by only 1% from our prior estimate (Current Issue No.3483)

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10 Apr 2024

Real Estate and Construction

Number of home ownership transfers may contract at a slower rate in 2024, thanks to measures aimed at boosting the housing market (Current Issue No.3482 Full Ed.)

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5 Apr 2024

Services

Drugstores in 2024 are expected to see sales growth of 4.0%, with the market becoming more competitive due to the proliferation of chain stores (Current Issue No.3480 Full Ed.)

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5 Apr 2024

Real Estate and Construction

Residential market in the Bangkok metropolitan area expected to contract for the second consecutive year in 2024 (Current Issue No.3481 Full Ed.)

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28 Mar 2024

Agriculture

Thailand’s maize imports projected to increase 5.2% in 2024 and almost all maize imports will come from CLM (Current Issue No.3477 Full Ed.)

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27 Mar 2024

Agriculture

Farmgate pig prices expected to fall by 10.2% YoY in 2024, putting pressure on domestic pig production (Current Issue No.3476)

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25 Mar 2024

Industry

Thai steel prices projected to fall by 6% YoY in 2024 due to intense competition from imported steel from China (Current Issue No.3475 Full Ed.)

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21 Mar 2024

Industry

Domestic car sales projected to contract 3% YoY, despite a price war among automakers to increase sales and market share (Current Issue No.3472 Full Ed.)

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19 Mar 2024

Agriculture

Thailand’s natural rubber exports to the EU to grow by 7% in 2024, driven by its readiness to follow the EUDR (Current Issue No.3471 Full Ed.)

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14 Mar 2024

Real Estate and Construction

Total value of construction investment in 2024 set to grow by 1.9%, with expected disbursement of public investment in the second half(Current Issue No.3469)

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8 Mar 2024

Industry

Turnover in the car dealership business projected to shrink 15% in 2024 (Current Issue No.3466)

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8 Mar 2024

Tourism

Number of international tourist arrivals in Thailand projected to reach 36 million in 2024 (Current Issue No.3468)

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8 Mar 2024

Services

Road freight transport produces high level of carbon emissions; technological limitations and high costs hinder decarbonization efforts (Current Issue No.3467 Full Ed.)

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6 Mar 2024

Energy

Feasibility of nuclear power plants in Thailand (Current Issue No.3464 Full Ed.)

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5 Mar 2024

Agriculture

Exports of Thai chicken products projected to grow 2.0% YoY in 2024, which would be lower than the average growth seen before (Current Issue No.3462)

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4 Mar 2024

Services

Thailand’s data center market to grow more than 31 percent per year, lagging behind Malaysia (Current Issue No.3461 Full Ed.)

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23 Feb 2024

Services

Greenhouse gas (GHG) emissions from hotels in Thailand are found to be high compared to those of other Asian countries (Current Issue No.3460 Full Ed.)

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20 Feb 2024

Industry

The electric power, cement, iron & steel, fertilizer, and aluminum industries are set to be pressured by measures aimed at reducing greenhouse gas (GHG) emissions (Current Issue No.3458)

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16 Feb 2024

Agriculture

Thailand’s fresh durian exports to China recorded a 10-fold increase over the past 6 years, while it is expected that Thai durian shipments to China will grow 12 percent YoY in 2024 (Business Brief No.4036)

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14 Feb 2024

Services

Retail sales in 2024 are expected to grow by 3.0 percent; Thai manufacturers face intense competition from Chinese products (Current Issue No.3457)

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7 Feb 2024

Agriculture

The value of Thai rice exports may decline by 13% in 2024 as India will likely resume rice exports after its general election (Current Issue No.3455)

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2 Feb 2024

Services

Decline in market value of food delivery expected for 2024 (Current Issue No.3452)

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19 Jan 2024

Tourism

Number of Chinese tourists visiting Thailand has surged to the top spot (Current Issue No.3449)

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12 Jan 2024

Industry

The rapid growth of electric vehicles is expected to affect the future production of petrol-powered vehicles and parts (Current Issue No.3448)

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9 Jan 2024

Agriculture

Thailand’s native tapioca starch exports to China may not be bright in 2024 (Current Issue No.3447)

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22 Dec 2023

Services

Turnover in the healthy F&B market for the elderly projected to grow in 2024 amid rising senior population despite several challenges (Current Issue No.3446)

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8 Nov 2023

Industry

EU’s anti-subsidy investigation into EU imports of BEVs from China may affect Thailand’s BEV exports in 2024 (Current Issue No.3444)

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30 Oct 2023

Agriculture

Projected decline in China’s cereal imports may cause Thai cassava and rice exports to China to shrink in 2023 through to 2024 (Current Issue No.3443)

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27 Oct 2023

Services

Revenues from foreign patients projected to grow at a slower rate in 2024…correction of growth base to pre-COVID-19 levels (Current Issue No.3442 Full Ed.)

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25 Oct 2023

Energy

Renewable Energy Certificates – a green power alternative - continue to grow, amid demand outpacing supply (Current Issue No.3441 Full Ed.)

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18 Oct 2023

Tourism

Extension of visa-free stay for Russian tourists in Thailand set to bolster their arrivals during the rest of 2023 (Current Issue No.3440 Full Ed.)

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9 Oct 2023

Industry

BEV sales in Thailand are set to accelerate in contrast to total car sales by 2023 and 2024 (Current Issue No.3437)

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21 Sep 2023

Industry

CBAM poses major challenge of adaptation for Thai steel exporters to the EU (Current Issue No.3435 Full Ed.)

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15 Sep 2023

Services

Retail sales in 2024 will remain under pressure from fragile purchasing power,awaiting government support measures (Current Issue No.3433 Full Ed.)

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15 Sep 2023

Tourism

Visa-free entry program is a boon to Thailand’s inbound tourism with positive impacts beginning to be seen in 2024 (Current Issue No.3434 Full Ed.)

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1 Sep 2023

Real Estate and Construction

Housing market is still reeling from numerous challenges…Close attention must be paid to related government measures (Current Issue No.3431 Full Ed.)

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24 Aug 2023

Services

Restaurant business in 2023 is expected to expand by 7.1 percent YoY. Going forward, food waste management will help reduce costs and achieve net zero goal (Current Issue No.3429 Full Ed.)

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22 Aug 2023

Agriculture

Thai rubber prices set to plunge to THB43.2/kg on average or 16.4% YoY in 2023 amid weakening global demand (Current Issue No.3428 Full Ed.)

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2 Aug 2023

Real Estate and Construction

SMEs in the construction materials distribution business are facing increased competition from large players amid restricted purchasing competition (Current Issue No.3426 Full Ed.)

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20 Jul 2023

Agriculture

This year’s El Niño episode is expected to cause damage of around THB 48 billion to the Thai agricultural sector (Current Issue No.3424 Full Ed.)

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19 Jul 2023

Services

Food delivery platform service providers are accelerating plans to rebalance their businesses amid numerous challenges (Current Issue No.3423 Full Ed.)

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6 Jul 2023

Services

Private hospitals, 2023: Profitability projected to be pressured by higher operating costs and intense competition (Current Issue No.3421)

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5 Jul 2023

Energy

Thailand Taxonomy…Stringent criteria to achieve net zero goal and resulting challenges for the nation’s transport and energy sectors (Current Issue No.3420 Full Ed.)

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30 Jun 2023

Agriculture

Thailand's fruit exports in 2023 have grown, but production costs and volatile weather conditions continue to put pressure on businesses (Current Issue No.3418)

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23 Jun 2023

Real Estate and Construction

Thai steel prices in 2023 are set to fall due to slowing global demand…Environmental issues may lead to base price adjustment (Current Issue No.3417 Full Ed.)

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31 May 2023

Tourism

A surge of tourist arrivals is expected for the rest of 2023 to reach the full-year target of 28.5 million… Related businesses still face challenges, especially labour costs (Current Issue No.3416)

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30 May 2023

Real Estate and Construction

Eco-friendly housing development is trending but consumers are not yet ready to pay more (Current Issue No.3415 Full Ed.)

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