pandemic of COVID-19, which has a severe impact on tourism, production, exports and private consumption. Private investments tend to decline in 2020, according to both domestic and international demand. For
tends to contraction more than expected. The decreased domestic and foreign demand resulted in a strong contraction in private investment and it also still contracted in almost all components except
the following factors: 1) gradual relaxation of COVID-19 epidemic control measures and progress in vaccination 2) the impact of outstanding demand from the previous quarter and 3) government policies
to B5 to mitigate the impact of rising diesel prices, as the aforementioned measures, the demand for biodiesel and the production capacity was decreased. For the price in 1st quarter of 2022, the
the previous year due to continue an increase of export and private consumption, as well as an expansion of private investment. In addition, there were supporting factors from domestic demand from the
quarter from the contraction of the industrial sector that reduced the production of industrial products due to higher production costs, a lower domestic demand and lower demands from trading partners in
domestic sale of 750,000 units. Looking back, 2023 was a challenging year for Thailand auto industry as illustrated by decrease in overall production and weaker domestic demand for cars due to overall
quarter of 2018, the Thai economy expanded well, driven by both growth in the foreign sector and gradual improvements in domestic demand. Merchandise exports improved both in terms of export quantity thanks
last year as a result of declining global demand from the slow economic growth of trading partners, the protectionist trade policies between the US and China and the down-cycle of electronic products. In