Industrial Economic Status Report
December 2015
Summary of Industrial Economic Status
The Manufacturing Production Index (MPI)1 in December 2015 expanded
1.33%, and the increased main industries included plastic products, jewelry and
cooking oils.
Plastic products industry in December 2015 increased in production when
compared with the same period of pervious year (YOY), due to an increasing of
plastic bags, plastic sheets, plastic appliances and plastic sacks.
Jewelry industry in December 2015 expanded YOY, due to an increasing of
order from the EU countries.
Air conditioners industry climbed as well owing to an export of the air
conditioners expanded in some main markets such as the EU and the US.
Establishment and close business in December 2015, 356 plants began
operations, decreased 8.01% from November 2015, and the employment rates
also dropped 19%, but the investment capital increased 43.82%. The major
industry was the manufacturing of solar power generation systems, with
35 plants for a total investment amount of 17,773.90 million baht and
648 employees hired. When compared with the same month of pervious year,
the number of plants that commenced operations increased 0.28%. On the other
hand, 110 plants closed in December 2015, slumped down 44.16% from
November 2015, but rose up 115.69% when compared with the same month of
previous year.
1
The report is disseminated to reflect current industrial economic situations more effectively
and is according with the structural changes of the industrial sector. The Ministry of Industry
by the Office of Industrial Economics (OIE) has expanded monthly data collection from
establishments (Ror.Ngor. 8 Form) classified based on ISIC Rev.3 of 21 sectors covering
56 industry groups and 227 products, and then processed the surveyed data by using
Laspeyres formula with using the base of year 2011, and fixed weight with value added and
production value output value based on the 2012 Business Trade and Industrial Census:
Manufacturing Industry of the National Statistical Office.
The Office of Industrial Economics
Ministry of Industry
Industrial Economic Status Report
December 2015
Application for Investment Promotion on January – December
2015, total projects applied BOI for investment promotion was 1,038
projects with investment amount of 218,120 million baht, down 67.53%
and 88.85% when compare with the same period of previous year,
respectively. The business type with the highest application for
investment promotion was the sector of service and public utility with
the investment amount ratio of 54.29% of the total investment.
Imports of Thailand’s industry sector in December 2015, an import
of industrial machinery and machine tools had a value of $994.3 million
USD, which expanded 1.9% when compared with the same period of
previous year, due to the import value of machine tools increased 8.3%,
but the import of industrial machinery continued to shrink highly by
26.3%.
The imports of raw materials and semi-finished goods (excluding
gold) had a value of $5,104.3 million USD, which shrank 15.7% YOY, due
to a decreasing in imports of yarns and fibers, fabrics, chemicals, iron,
steel and its products and components of electrical appliance.
Energy consumption of manufacturers in December 2015 stood at
9,695.3 million kWh (kilowatt-hour), and decreased 3.7% from November
2015 (10,067.9 million kWh), but it increased 5.8% when compared with
the same period of 2014 (9,162.7 million kWh). Energy consumption
tracking data by business size showed that all small, medium and large
sized businesses consumed less energy when compared to the last
month, but consumed more energy when compared to the same period
of previous year.
The Office of Industrial Economics
Ministry of Industry
Industrial Economic Status Report
December 2015
Thailand’s Industrial Economic Conditions
Compared to Major Countries in Asia in December 2015
Industrial Production Growth Rate
Jul
Aug
Sep Oct Nov Dec
Jan Feb Mar Apr May Jun
Jul
Aug Sep Oct Nov Dec
Production situations of Thailand’s industry sector considered on
the MPI expanded 1.3% when compared with the same period of the
previous year, stemming to an increasing of major industries such as
plastic products, jewelry and cooking oils.
However, the industrial production rate of Taiwan contracted 5.5%.
The industrial production rate of South Korea shrank 1.8%.
The industrial production data of Malaysia and Indonesia in
December 2015 have not been released yet currently, but the trend
continued growth when compared with last month. In November 2015,
the industrial production of Malaysia and Indonesia expanded 4.0% and
6.5%, respectively.
The Office of Industrial Economics
Ministry of Industry
Industrial Economic Status Report
December 2015
Industrial Activity Situations in December 2015
Business establishment situation of manufactures in December 2015 when
compared with November 2015 was reported by the Department of Industrial
Works (DIW) that 356 factories began operations and decreased 8.0% from
November 2015 (387 plants), the number of employed people was 7,419 persons
which decreased 18.97% from November 2015 (9,156 employees), but the
investment capital valued by amount of 34,502 million baht which increased
43.82% from November 2015 (23,990 million baht).
Business establishment situation of manufactures in December 2015 when
compared with December 2014 was reported by the Department of Industrial
Works (DIW) that the number of plant openings increased 0.28% from December
2014 which the start-up plants were 355 cases. The investment capital slumped
from December 2014 which the investment valued by 47,953 million baht with a
decrease of 28.05%, and the number of employed people dropped 14.43%. from
December 2014 which was 8,670 employees.
- The industry that had the most factories starting up in December
2015 was the industry of electricity generation from solar cells (35
plants) and the followed industry was the industry of digging for
construction (28 plants).
- The industry with the highest level of investment capital in December
2015 was the industry of electricity generation from solar cells with
an investment amount of 17,773.90 million baht, and followed
industry was the industry of electricity generation from biogas for
distribution with an investment amount of 5,463.31 million baht.
- The industry that had the most new hires in December 2015 was the
industry of electricity generation from solar cells with a hiring of 648
employees hired, and followed industry was the manufacturing of
plastic products and electrical appliance’s components with a hiring
of 396 employees.
The Office of Industrial Economics
Ministry of Industry
Industrial Economic Status Report
December 2015
Business closing situation of manufactures in December 2015 when
compared with November 2015 was reported by the Department of Industrial Works
(DIW) that the number of plant closures was 110 plants and dropped 44.16% from
November 2015 (197 plants closed). The total amount of investment capital of the
closures was 1,372 million baht in December 2015, less than November 2015 which
was 2,807 million baht. The number of layoffs in December 2015 was 2,895
employees and decreased from November 2015 which 5,109 employees were laid
off.
Business closing situation of manufactures in December 2015 when compared
with December 2014 was reported by the Department of Industrial Works (DIW) that
the number of plant closures increased by 115.69% from December 2014 which was
51 plants and. The number of layoffs was more than December 2014 which was
2,264 employees. The investment capital loss due to plant shutdowns was less than
December 2014 which was 1,697 million baht.
- The industry with the most factory shutdown in December 2015 was
the industry of automobiles repairing and painting (17 plants), and
followed by the industry of gas filling (8 plants).
- The industry that lost the most investment capital due to factory
shutdowns in December 2015 was the industry of storing or
transporting crops, grains, plants products in silos, warehouses or
storehouses (386 million baht), and followed by the industry of
automobiles repairing and painting (167.58 million baht).
- The industry which the most employees were laid off in December
2015 was the industry of sewing clothing, handkerchiefs, neckties,
gloves, socks made from fabric and leather (714 employees), and
followed by the industry of manufacture of components for using in
building construction (314 employees).
The Office of Industrial Economics
Ministry of Industry
Industrial Economic Status Report
December 2015
The investment situations of the Board of Investment (BOI) in January December 2015 when compared with the same period of previous year,
a number of application projects submitted to BOI for investment promotion
was totaling 1,038 projects, contracted 67.53 % when compared with the same
period of pervious year which was 3,197 projects, and had investments amount of
218,120 million baht in December 2015, slumped 88.85% from the same period of
pervious year which was 1,956,530 million baht.
- Shareholder distribution of the projects applied for promotion in
January - December 2015
Shareholder
1. 100% Thai Shareholders
2. 100% Foreign
Shareholders
3. Joint Venture of Thai and
Foreign
-
Number of
Projects
Investment Amount
(Million baht)
460
106,000
387
56,890
191
55,230
The business with the highest level of BOI investment capital in
January - December 2015 was the sector of services and public
utilities with total investment capital of 118,410 million baht,
followed by the sector of agriculture and agricultural products with
a total investment capital of 33,530 million baht.
The Office of Industrial Economics
Ministry of Industry
Industrial Economic Status Report
December 2015
I. Food Industry
Production situation of the food industry in
December 2015 dropped from the same period of
previous year (YOY), which resulted from a reduction
of raw materials volume due to a fishery breaking the
IUU rules of the EU, a cancel of concessions in
Indonesia’s territorial waters and a stop of operation
of some fishing boats for compliance with new fishing
law, as well as a decreasing of order from importing
countries, as resulting, the exports reduced when
compared with the same period of previous year, and
the domestic sales also dropped.
1. Production
In December 2015, major products of the food industry
(excluding sugar) dropped slightly by 0.1% from the same period
of previous year as following details.
Major products mainly based on export market: shrimp,
cassava starch and canned tuna dropped 35.1%, 1.9% and 0.4%,
respectively YOY, due to a reduction of raw materials, especially,
fishery products affected from the fishery breaking the IUU rules
of the EU, the cancel of concessions in Indonesia’s territorial
waters and the stop of operation of some fishing boats for
compliance with new fishing law.
Products mainly based on domestic market: production
of palm oil expanded 23% YOY, due to a increasing of output. For
the products used imported raw materials as soybean oil, the
production decreased 8.5% YOY.
Production Volume of Major Products in Food Industry
2. Sales
Chicken Feed
Cassava Flour
Palm Oil
12/15
Soybean Oil
11/15
Canned Pineapple
12/14
Canned Tuna
Frozen Shrimp
Frozen Chicken
Ton
Exports Amount of Major Products in Food Industry
Sugar
Cassava Products
Instant Noodles
Rice Products
Canned Pineapple
12/15
Canned sweet corn
11/15
Canned Tuna
12/14
Frozen Raw Shrimp
Processed Chicken
Frozen Raw Chicken
The Office of Industrial Economics
Million USD
1) Domestic Market: In December 2015, the domestic
sales volume of food and agricultural products decreased 4.9%
YOY, owing to purchasing power was still slow, even though the
economic confidence improved. The consumption slumped in
soybean oil and chicken.
2) International Markets: The export value of the food
industry export (excluding sugar) in December 2015 dropped
7.8% YOY, due to a decreasing of products such as cassava starch
and canned tuna with 25.2% and 6.3%, respectively, as resulting
from a decreasing of order from importing countries affected
from the economics continued to slow down, and the product
prices in the global market dropped according to a decreasing of
the oil price, as well as the fishery breaking the IUU rules of the
EU. The product with an increasing export value were canned
pineapple, chilled and frozen fresh chicken and processed
chicken, with a down of 34.0%, 5.1% and 4.8%, respectively YOY
due to an increasing of order and the weakening Thai baht.
3. Trends
Production and export were forecasted to increase
slightly owing to negative factors such as the illegal labor using,
the fishery breaking the IUU rules of the EU, the slowing demand
from China and the product price dropped according to
a decreasing of the oil price slowed. However, there are positive
factors in several products such as livestock products, especially
processed chicken which an increase of orders from aboard,
sugar products with an increase of pre-order, fishery products as
shrimp from a recovering of Thailand’s shrimp production from
an outbreak of EMS, as well as the government uses urgent
economic stimulus measures, financial assistance measures for
SMEs, and investment accelerating measures in special economic
zones in various forms, and tourism stimulus measure that affect
food consumption in the country, as resulting, the production
and export of food industry expand slightly.
Ministry of Industry
Industrial Economic Status Report
December 2015
II. Textile and Garment Industry
Manufacturing of textile sector for domestic
downstream industries will expand in garment sector
such as readymade garments and sportswear
according to a policy of sports and tourism promotion
of government.
Production Volume of Textile Fibers
Ton
46000
2013
2014
2015
43000
40000
37000
34000
31000
28000
25000
Jan Feb Mar Apr May Jun Jul
Aug Sep Oct Nov Dec
Source: The Industrial Economics Information Center, The Office
of Industrial Economics
1,000pcs
Production Volume of Garments (Woven fabrics)
2013
15000
2014
2015
13000
11000
9000
7000
5000
Jan Feb Mar Apr May Jun Jul
Aug Sep Oct Nov Dec
Source: The Industrial Economics Information Center, The Office
of Industrial Economics
Million USD
Export Value of Textiles and Garments
240
220
200
180
160
140
120
100
80
60
40
20
0
Dec 2014
Garments Fabrics
Cotton
yarns
Dec 2015
Fiber Household Synthetic Other
yarns
fabric
fiber
textiles
Other
fabric
1. Production
 Textile sector: When compared with the same period
of previous year, the manufacturing of textile fibers increased
5.0%, especially in fibers due to an increasing of order in
domestic to support a demand which is expected to increase
on the beginning of the year. Meanwhile, the manufacturing
of fabrics dropped 3.4% due to a decline of domestic demand,
as resulting, the operators reduced the production, as well as
some parts were imported from abroad.
 Garment sector: When compared with the same
period of previous year, the manufacturing of knitted clothes
decreased 10.0% in the outerwear of men and boy and the
underwear of women and girl. The woven clothes decreased
8.6% in the garment of men and boy and the underwear of
women and girl, due to a reducing order from Japan, the US
and the EU.
2. Sales
 Domestic sale: When compared with the same period
of previous year, the sale value of textile sector decreased in
textile fibers, fabrics and towel. Meanwhile, the sales volume
of garment sector increased in knitted clothes and woven
clothes of sportswear.
 Export value: When compared with the same period of
previous year, the export value of textile and garment dropped
9.7% in overall. The textile sector decreased 12.3% which
fabrics products, cotton yarn, synthetic fiber yarn, household
textile and synthetic fiber slumped 16.2%, 22.3%, 8.2%, 6.7%
and 12.2%, respectively, due to a main import market as
Vietnam can develop the upstream textile by an investment of
from Taiwan and China, as resulting, the import from Thailand
was decreased. The garment sector dropped 5.4% which
readymade garments, brassieres, corsets and components,
socks and stockings, and groves decreased 4.9%, 4.2%, 18.4%
and 4.2%, respectively. The decrease resulted from the
reduction of exports value to markets of the US and the EU with
a reduction of 3.1% and 19.6%, respectively according to
a slowdown of the world economy.
3. Trends
Manufacture of textiles for downstream industries in
domestic is expected to expand. The export is forecasted to
shrink due to Vietnam, a main market reduce import from
Thailand. The garment sector included readymade garments
and sportswear will expand due to a promotion policy of
sports and tourism of the government, as well as to meet the
needs of domestic consumers in the major festivals.
Source: The Information and Communications Technologies Centers,
The Department of Trade Negotiations, The Ministry of Commerce
The Office of Industrial Economics
Ministry of Industry
Industrial Economic Status Report
December 2015
III. Iron and Steel Industry
China Iron and Steel Association (CISA) has
revealed in a conference at Beijing that China’s
iron consumption in 2015 will decrease 4.6% when
compared with the previous year, due to
a decreasing of demand in industries of machinery,
real estate, shipbuilding and containers,
meanwhile, the demand in automotive industry
increase slightly.
Oversea Metal Price Index*
 The manufacturing of long-steel increased 5.30% YOY, which
round bar increased 32.4%, due to the manufacturing in November
decreased, so in December the manufacture increased the
production to keep stock balance. According to the data from the
Iron and Steel Institute of Thailand, it found that the domestic
demand decreased 19.2%, which Wire rod and rebar fell 22.5% and
9.1%, respectively. Imports of long-steel dropped 34.6%, which Hotrolled structural steel and Stainless steel rebar fell 83.2% and 50.2%,
respectively. Exports of long-steel increased 2.8%, which Hot-rolled
structural alloy steel slumped 89.7%.
2. Metal Prices
According to the international steel price index of the Iron
and Steel Institute of Thailand, the Free-On-Board (FOB) prices at
Black Sea ports in January 2016 when compared with the same
period of previous year, the prices of almost iron products
decreased such as the price of slab steel was down 43.43%, from
$87.2 USD to $49.33 USD per ton, the price of Cold-rolled steel
sheets slumped 42.04%, from $100.93 USD to $58.5 USD per ton,
the price of Hot-rolled steel sheet decreased 41.37%, from
$90.26 USD to $52.92 USD per ton, the price of billet steel bar
declined 36.90%, from $92.47 USD to $58.35 USD per ton, and
the price of rebar fell 36.18%, from $90.0 USD to $57.44 USD per
ton, due to the global economics situation was poised, as a result,
the demand of iron in the global market was slowdown, as well
as in the countries that are the world's large volume of steel
exporters as China, Japan and South Korea, the domestics
demand reduced, but they desired to keep the production level,
so the iron prices in the global market dropped.
3. Trends
* CIS Black Sea
1. Production
The manufacturing situation of iron industry in December
2015 decreased from the same period of previous year which the
MPI in this month stood at 109.18 points, a decrease of 3.75%
YOY, due to following reasons.
 The manufacturing of flat-steel products dropped 10.86% YOY,
which Cold-rolled steel sheet and Chromed plated steel slumped
35.94% and 35.40%, respectively. According to the data from the
Iron and Steel Institute of Thailand, it found that the domestic
demand in the flat-steel products was 839,454 tons with a decrease
of 15.4%, which Cold-rolled steel sheet and Tin plated steel slumped
27.2% and 25.2%, respectively. Imports of flat-steel products
decreased 20.3%, which Hot-rolled alloy steel plates and Hot-rolled
steel sheet slumped 69.7% and 55.8%, respectively. Exports of flatsteel products dropped 13.7%, which Hot-rolled alloy steel plates and
Cold-rolled steel sheet slumped 98.4% and 70.2%, respectively.
The Office of Industrial Economics
Thailand’s iron production situation in January 2016
YOY is expected that total iron production will decrease in both
the long-steel and the slab steel, due to a sluggish of both of the
domestic and the global economy, as well as the downstream
industries who are main users included industry of construction
and electrical appliances have remained at stable production
situation. Although a downstream industry as automotive
industry increases the production, almost using steels are not
produced in domestic and are imported from aboard.
Ministry of Industry
Industrial Economic Status Report
December 2015
IV. Automotive Industry
Vehicles
The automotive industry in December 2015
was a slow down slightly when compared to the
same period of previous year, stemming to
a slowdown of exports.
Unit
Monthly Volume of Automobiles
1. Production
Manufacturing volume of automobile in
December 2015 was 152,692 units, which decreased
0.64% from December 2014 which produced 153,669
units, due to a decrease of passenger cars and
commercial cars.
2. Sales
Sales volume of automobile in December 2015
was 101,464 units, which increased 13.36% from
December 2014 which sold 89,504 units, due to an
increasing of 1-ton pickup trucks in PPV and SUV cars
owing to a new excise tax structure which be charged
according to Carbon dioxide (CO2) releasing volume. It
may affect the price of to some cars, so it is a factor to
stimulate consumers to buy such cars.
3. Export
Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
14 15 15 15 15 15 15 15 15 15 15 15 15
Sales
Exports
Production
Export volume in December 2015 was 86,650
units, which decreased 2.80% from December 2014
which exported 89,146 units due to a slowdown of
the export markets in Africa, North America and
Middle & South America.
4. Trends
The automotive industry in January 2016 is
forecasted to expand when compared with January
2015. The production in January 2016 is expected to
reach by 37% for domestic sale and by 63% for
exports.
The Office of Industrial Economics
Ministry of Industry
Industrial Economic Status Report
December 2015
Motorcycle
In December 2015, the motorcycle industry
was slowdown when compared with the same
period of 2014.
Unit
Manufacturing volume of motorcycles in
December 2015 was 144,736 units which decreased
5.52% from December 2014 which produced 153,187
units, owing to a decrease in production of familytype motorcycles.
Monthly Volume of Motorcycles
2. Sales
Sales volume of motorcycles in December 2015
was 122,720 units which increased 2.27% from
December 2014 which sold 120,001 units, stemming
to an increase in sales of family-type, scooter-type
and sport-type motorcycles.
3. Export of finished motorcycles (CBU)
Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
14 15 15 15 15 15 15 15 15 15 15 15 15
Sales
Exports
Production
Export volume was 32,683 units in December
2015 which expanded 10.43%, from December 2014
which exported 29,597 units, due to an expansion in
exports to Netherland, Japan and Belgaum.
4. Trends
The motorcycle industry in January 2016 is
expected to slow down when compare with January
2015. The production in January 2016 is forecasted
by 82% for domestic sales and by 18% for exports.
1. Production
The Office of Industrial Economics
V. Cement Industry
Ministry of Industry
Industrial Economic Status Report
December 2015
“Overall
cement industry has improved continuously, with the
highest production volume of the year and the
highest sales volume in the countries in the past 5
years. It demonstrated the growth trend of the
industry due to the economy began to recover. The
export volume also recovered, especially in Myanmar
market, after Myanmar had continued to drop the
order from Thailand for
6 months.”
Million Metric Tons
Production Volume of Cement
When compared with the same period of previous
year, in December 2015 production volume of cements
decreased 3.29%, meanwhile, sales of cements (excluding
clinker) increased 0.68%.
Overall cement industry improved better, even
though the production volume dropped slightly YOY. According
to the graphs demonstrated production volume and domestic
sales of cements, the violet line of 2015 rebounded up to
reaching the highest level in 5 years. Sales volume also
improved as well and was the highest figure in the year. It
demonstrated the growth trend of the cement industry due to
Thailand’s construction sector returned to expand, as resulting,
the demand of cement in domestic increased and the
production volume also increased together.
2. Export
Export value of cement in December 2015 dropped
6.20% when compared with the same month of last year.
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011
2012
2013
2014
2015
Source: The Industrial Economic Information Center, The Office
of Industrial Economics
Million Metric Tons
Domestic Sales Volume of Cement
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011
2012
2013
2014
2015
Source: The Industrial Economic Information Center, The Office
of Industrial Economics
Million USD
Export Value of Cement
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011
2012
2013
2014
2015
Source: The Information and Communications Technologies Centers,
The Department of Trade Negotiations, The Ministry of Commerce
According to the export value graph, the exports
volume expanded for the first time in the past 6 months after
Myanmar returned to order cements by large volume after had
continued to drop the order from Thailand during the second
half of the year. Even though the volume was less than when
compared with the same month of last year, due to the
reference base of export in the last quarter of 2014 was very
high. However it was considered that the export volume of
cement in this month improved as well and is likely to expand
further.
3. Trends
Production and domestic sales of cement industry
are good trend in expanding from this month continuously,
and is forecasted that economic stimulus measures of
government affect to private sector and foreign investor to
have more confidence in investment, which makes that
Thailand's construction sector expand and the demand of
cement in the country increase as much as the production
volume is increased to close to the capacity.
Trend of export is predicted that the export value
will improve when compared with the same period of
previous year, due to Thailand’s main markets such as
Myanmar, Cambodia and Laos may need cements from
Thailand to develop infrastructure projects in their
countries to support to support the economic growth
which is likely to rise due the AEC establishment since
st
December 31 , 2015.
1. Production and Domestic Sales
VI. Electrical and Electronics Industry
The Office of Industrial Economics
Ministry of Industry
Industrial Economic Status Report
December 2015
Overall electrical
and electronics industry in December 2015 dropped
13.23% when compare with the same month of
previous year. The electrical industry sector dropped
1.47% YOY, due to
a decrease of televisions
and refrigerator productions, and the electronics
industry sector also dropped 18.86% YOY, stemming
to a reduction of hard disk drives (HDD) production.
MPI of Electrical Appliances and Electronics Industry
2015
2014
2013
2012
2011
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Source: The Office of Industrial Economics
Table 1: Top Value of Electrical Appliances and
Electronic Products Exported in December 2015
Electrical / Electronic
Products
Value
(Million USD)
%YOY
Computer components
1,517.60
-7.29
651.38
-9.54
Integrated circuits
In overall production situation of the
electrical and electronics industry in December 2015,
the MPI stood at 93.27 points with a decrease of
13.23% YOY. The MPI of electrical industry sector
stood at 89.35 points with a decrease of 1.47% YOY.
The decreased electrical appliances were that
televisions drooped 62.81% due to some
manufacturers relocated their manufacturing base to
other ASEAN countries, as well as electrical wire,
refrigerator and washing machine slumped 12.21%,
4.98% and 0.23%, respectively YOY, owing to
domestic market and export market slowed down
according to the economy has not recovered. The
increased electrical appliances were split-type air
conditioner’s condensing unit and split-type air
conditioner’s evaporator unit with an increase of
7.77% and 7.37%, respectively YOY, stemming to an
increase of exports of air conditioners to some main
markets such as the EU and the US.
The MPI of the electronics industry sector in
December 2015 stood at 95.71 points with a decline
of 18.86% YOY. The drooped electronics products
included HDD, Semiconductors, Monolithic IC and
other IC with a down of 16.50%, 18.03%, 8.40% and
19.78%, respectively YOY, due to owing to a
reduction of demand for PCs and laptop computers in
the global market.
Air conditioners
267.44
-3.09
VDO cameras & Digital
111.05
-20.83
cameras
Total of electrical /
4,313.83
-9.58
electronic product
Source: The Electrical and Electronics Institute
1. Production
The Office of Industrial Economics
VI. Electrical and Electronics Industry (Continue)
Ministry of Industry
Industrial Economic Status Report
December 2015
2. Export
In December 2015, the total export value of the
electrical appliances and electronics industry was
$4,313.83 million USD, a decrease of 9.58% YOY.
Electrical appliances had export value by
$1,663.80 million USD and a reduction of 12.13%
YOY, due to a decrease of export to main markets
such as ASEAN, China the US and Japan with
a decrease of 15.99%, 20.72%, 17.13% and 14.92%,
respectively YOY, but the export to the EU expanded
14.36% YOY. The highest export value of the
electrical appliance as air conditioner was $267.44
million USD, down 3.09% YOY, due to a decrease of
export to ASEAN, China and Japan by 10.56%, 51.18%
and 16.05%, respectively YOY. The followed products
were VDO camera and digital camera by amount of
$111.05 million USD, down 20.83% YOY, due to
a decrease of export to main markets such as the EU,
China, the US and Japan by 27.11%, 19.03%, 12.34%
and 25.16%, respectively YOY. The export value of
television valued $86.56 million USD, down 40.18%
YOY, which the export to the US and Japan fell 57.96%
and 28.60%, respectively YOY.
Electronics products had export value by $2,650.03
million USD, down 7.91% YOY, due to a decrease of
export to main markets such as ASEAN, the EU,
China, the US and Japan by 15.95%, 11.89%, 2.52%,
6.02% and 8.94%, respectively YOY. Electronics
product with largest export value was components of
computers with amount of $1,517.60 million USD,
with a decline of 7.29% YOY, due to the export to
main markets such as ASEAN, the EU, CHINA, the US
and Japan downed 11.65%, 16.20%, 6.21%, 8.25%
and 6.28%, respectively YOY. The followed products
was ICs with export amount of $651.38 million USD,
with a decrease of 9.54% YOY, due to the export to
ASEAN, the EU, the US and Japan dropped 19.0%,
7.23%, 12.64% and 0.78%, respectively YOY.
Meanwhile the export to China increased 18.70% YOY
which has expanded continuously though the year
2015.
According to the leading index model conducted
by the Electrical and Electronics Institute, overall the
electrical and electronics industry production in
January 2016 is forecasted to expand 1.75% YOY. The
electrical industry sector is expected to increase
2.30% YOY, owing to the domestic market and export
to main markets begin to recover. The electronics
industry is expected to improve 1.21% YOY,
stemming to an increase of demand of ICs which are
importance components in electronics products and
are developed in new technologies and launched new
model continuously.
3. Trends
The Office of Industrial Economics
Ministry of Industry