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Bueng Kan: business opportunity & risk index

汶干府 · บึงกาฬ · Northeast
Top-opportunity industryConsumer productsOpportunity 73
Highest-risk industryConsumer productsRisk 44

Province at a glance

GPP (THB million)27,167Rank 68 of 77
Income per head (THB/yr)78,022Rank 56 of 77
Population348,193Rank 64 of 77
Visitors602,972Rank 73 of 77

Scores for the 12 industries

IndustryOpportunityRiskNational rankSmallMediumLarge
Consumer products73445/7473——
Technology products7205/4773——
Industrial products712219/777073—
Food & beverage manufacturing673244/7771——
Agribusiness553442/7655——
Other businesses (mining, power, water, oil, etc.)554364/7657——
Other services501649/7751——
Financials49028/7250——
Wholesale & retail391472/774038—
Transportation & logistics372862/7738——
Property & construction351575/7736——
Hotels, restaurants & leisure22774/7623——

Business survival (share still operating 1–5 years after founding)

IndustryYr 1Yr 2Yr 3Yr 4Yr 55-yr Small5-yr Medium5-yr Large
Agribusiness100.0%100.0%100.0%100.0%100.0%100.0%——
Food & beverage manufacturing100.0%100.0%66.7%66.7%66.7%66.7%——
Consumer products100.0%100.0%100.0%100.0%100.0%100.0%——
Industrial products100.0%100.0%100.0%100.0%100.0%100.0%100.0%—
Technology products————————
Property & construction100.0%98.0%94.0%90.0%84.0%84.0%——
Transportation & logistics100.0%88.9%88.9%88.9%88.9%88.9%——
Wholesale & retail100.0%98.8%97.5%95.0%91.3%90.9%100.0%—
Hotels, restaurants & leisure100.0%100.0%100.0%100.0%100.0%100.0%——
Financials————————
Other services100.0%100.0%97.4%94.7%86.8%86.8%——
Other businesses (mining, power, water, oil, etc.)100.0%100.0%100.0%100.0%100.0%100.0%——
Show survival for the 44 sub-industries
Sub-industryYr 1Yr 2Yr 3Yr 4Yr 55-yr Small5-yr Medium5-yr Large
Agribusiness100.0%100.0%100.0%100.0%100.0%100.0%——
Crop farming100.0%100.0%100.0%100.0%100.0%100.0%——
Livestock————————
Fishery & aquaculture————————
Mixed farming————————
Agricultural support services————————
Forestry, logging & hunting————————
Food & beverage manufacturing100.0%100.0%66.7%66.7%66.7%66.7%——
Food100.0%100.0%66.7%66.7%66.7%66.7%——
Non-alcoholic beverages————————
Alcoholic beverages————————
Consumer products100.0%100.0%100.0%100.0%100.0%100.0%——
Apparel————————
Jewelry & accessories————————
Furniture100.0%100.0%100.0%100.0%100.0%100.0%——
Office & household goods————————
Personal products100.0%100.0%100.0%100.0%100.0%100.0%——
Musical instruments & sporting goods————————
Games & toys————————
Pharmaceuticals————————
Tobacco products————————
Industrial products100.0%100.0%100.0%100.0%100.0%100.0%100.0%—
Automotive————————
Auto parts————————
Transport equipment————————
Industrial materials & machinery————————
Packaging & other production inputs100.0%100.0%100.0%100.0%100.0%100.0%100.0%—
Paper & printing materials————————
Petrochemicals & chemicals100.0%100.0%100.0%100.0%100.0%100.0%——
Steel100.0%100.0%100.0%100.0%100.0%100.0%——
Construction materials100.0%100.0%100.0%100.0%100.0%100.0%——
Technology products————————
Electronic components————————
Technology equipment————————
Property & construction100.0%98.0%94.0%90.0%84.0%84.0%——
Construction contracting100.0%97.9%93.8%89.6%83.3%83.3%——
Property development100.0%100.0%100.0%100.0%100.0%100.0%——
Transportation & logistics100.0%88.9%88.9%88.9%88.9%88.9%——
Transportation & logistics100.0%88.9%88.9%88.9%88.9%88.9%——
Wholesale & retail100.0%98.8%97.5%95.0%91.3%90.9%100.0%—
General wholesale & retail100.0%98.7%98.7%96.1%92.2%92.1%100.0%—
Car & motorcycle dealers100.0%100.0%66.7%66.7%66.7%0.0%100.0%—
Hotels, restaurants & leisure100.0%100.0%100.0%100.0%100.0%100.0%——
Hotels & tourism100.0%100.0%100.0%100.0%100.0%100.0%——
Restaurants————————
Recreation————————
Financials————————
Banking, investment & insurance————————
Other services100.0%100.0%97.4%94.7%86.8%86.8%——
Medical————————
Media & publishing100.0%100.0%100.0%100.0%88.5%88.5%——
Specialized services100.0%100.0%88.9%77.8%77.8%77.8%——
Machinery repair & installation————————
Car & motorcycle repair100.0%100.0%100.0%100.0%100.0%100.0%——
Other businesses (mining, power, water, oil, etc.)100.0%100.0%100.0%100.0%100.0%100.0%——
Other (mining, power, water, oil, etc.)100.0%100.0%100.0%100.0%100.0%100.0%——

Survival = share of a cohort of new firms still operating in year N. “—” means too few firms.

Market indicators by industry

IndustryMarket size (THB m)Concentration (HHI)5-yr survivalAvg. net marginAvg. initial investment (THB m)
Agribusiness242,404national market0.045100.0%-5.2%1.0
Food & beverage manufacturing2,464,037national market0.00666.7%-10.3%13.0
Consumer products1,624,101national market0.014100.0%12.1%0.3
Industrial products12,058,429national market0.021100.0%4.0%5.4
Technology products1,054,695national market0.050—73.1%1.8
Property & construction5750.15384.0%4.6%3.2
Transportation & logistics1480.16288.9%0.5%3.8
Wholesale & retail4,0700.05891.2%1.4%3.2
Hotels, restaurants & leisure870.344100.0%1.0%3.7
Financials230.201—14.0%1.6
Other services1150.11586.8%6.9%3.5
Other businesses (mining, power, water, oil, etc.)766,468national market0.025100.0%-23.6%5.8
Market indicators for Small firms
IndustryMarket size (THB m)Concentration (HHI)5-yr survivalAvg. net marginAvg. initial investment (THB m)OpportunityRisk
Agribusiness242,4040.045100.0%-5.2%1.05534
Crop farming25,9610.093100.0%-5.2%1.55929
Food & beverage manufacturing2,464,0370.00666.7%-10.3%13.07132
Food2,122,1040.00866.7%-18.2%23.76125
Non-alcoholic beverages138,4210.066—11.9%0.769—
Alcoholic beverages203,5120.083—24.9%0.374—
Consumer products1,624,1010.014100.0%12.1%0.37344
Personal products246,3520.053100.0%12.6%0.57129
Pharmaceuticals326,8900.136—-257.1%—61—
Industrial products12,058,4290.021100.0%-1.3%4.07025
Packaging & other production inputs1,149,9590.006100.0%-10.2%5.76213
Paper & printing materials383,0100.021—28.2%4.176—
Steel1,551,6050.055100.0%-0.1%3.37615
Construction materials147,0350.014100.0%2.9%2.9658
Technology products1,054,6950.050—73.1%1.873—
Technology equipment554,6160.159—73.1%—78—
Property & construction5750.15384.0%4.6%3.23615
Construction contracting5620.15983.3%4.6%3.13615
Transportation & logistics1480.16288.9%0.5%3.83828
Transportation & logistics1480.16288.9%0.5%3.83820
Wholesale & retail4,0700.05890.9%1.7%2.84016
General wholesale & retail3,0060.05692.1%1.7%2.63512
Car & motorcycle dealers1,0650.3930.0%1.5%5.327—
Hotels, restaurants & leisure870.344100.0%1.0%3.7237
Hotels & tourism450.447100.0%0.5%4.5397
Financials230.201—14.0%1.650—
Banking, investment & insurance230.201—14.0%1.649—
Other services1150.11586.8%6.9%3.55116
Media & publishing120.21788.5%8.5%0.84824
Specialized services390.19377.8%9.1%6.84620
Other businesses (mining, power, water, oil, etc.)766,4680.025100.0%-23.6%5.95743
Other (mining, power, water, oil, etc.)766,4680.025100.0%-23.6%5.96642
Market indicators for Medium firms
IndustryMarket size (THB m)Concentration (HHI)5-yr survivalAvg. net marginAvg. initial investment (THB m)OpportunityRisk
Agribusiness———————
Food & beverage manufacturing———————
Consumer products———————
Industrial products12,058,4290.021100.0%5.4%31.97321
Packaging & other production inputs1,149,9590.006100.0%5.4%31.9688
Technology products———————
Property & construction———————
Transportation & logistics———————
Wholesale & retail4,0700.058100.0%0.9%39.3388
General wholesale & retail3,0060.056100.0%-1.4%47.5329
Car & motorcycle dealers1,0650.393100.0%1.7%36.5267
Hotels, restaurants & leisure———————
Financials———————
Other services———————
Other businesses (mining, power, water, oil, etc.)———————
Market indicators for Large firms
IndustryMarket size (THB m)Concentration (HHI)5-yr survivalAvg. net marginAvg. initial investment (THB m)OpportunityRisk
Agribusiness———————
Food & beverage manufacturing———————
Consumer products———————
Industrial products———————
Technology products———————
Property & construction———————
Transportation & logistics———————
Wholesale & retail———————
Hotels, restaurants & leisure———————
Financials———————
Other services———————
Other businesses (mining, power, water, oil, etc.)———————

Market size: total revenue of firms in the industry (industries marked “national market” are measured nationwide). Lower HHI means a more fragmented, competitive market (below 0.15 competitive, above 0.25 highly concentrated). Survival rate: share of firms still operating.

What makes up the scores (0–100)

IndustryOpportunity componentsRisk components
Market sizeCompetitionMarket stageLabour shortageInitial investmentProfitabilityFS scoreVulnerability to economySurvival risk
Agribusiness10100331002764390
Food & beverage manufacturing1001000100280451833
Consumer products661003310017880520
Industrial products10010033100124510550
Technology products43993310041008681—
Property & construction09910010074827316
Transportation & logistics06533100831443011
Wholesale & retail099679473524109
Hotels, restaurants & leisure0221001008332000
Financials0590100486435—
Other services097010085727813
Other businesses (mining, power, water, oil, etc.)3110033100120291000

Each component score shows how much it adds to the opportunity (or risk) index. A high “competition” score means competition is weak and newcomers have room; a high “labour shortage” score means staff are easier to find.

Sub-industries (by opportunity)

Sub-industryIndustryOpportunityRiskNational rank5-yr survivalConcentration (HHI)Avg. net margin
Technology equipmentTechnology products7801/27—0.15973.1%
Paper & printing materialsIndustrial products7507/72—0.02128.2%
SteelIndustrial products751532/77100.0%0.055-0.1%
Alcoholic beveragesFood & beverage manufacturing7402/55—0.08324.9%
Personal productsConsumer products702916/67100.0%0.05312.6%
Non-alcoholic beveragesFood & beverage manufacturing6808/73—0.06611.9%
Packaging & other production inputsIndustrial products66833/76100.0%0.0064.5%
Other (mining, power, water, oil, etc.)Other businesses (mining, power, water, oil, etc.)654234/76100.0%0.025-23.6%
Construction materialsIndustrial products64816/75100.0%0.0142.9%
PharmaceuticalsConsumer products61027/56—0.136-257.1%
Crop farmingAgribusiness592937/70100.0%0.093-5.2%
FoodFood & beverage manufacturing562561/7766.7%0.008-18.2%
Banking, investment & insuranceFinancials48033/72—0.20114.0%
Media & publishingOther services472449/7488.5%0.2178.5%
Specialized servicesOther services442064/7777.8%0.1939.1%
Hotels & tourismHotels, restaurants & leisure38731/72100.0%0.4470.5%
Transportation & logisticsTransportation & logistics372062/7788.9%0.1620.5%
Construction contractingProperty & construction351575/7783.3%0.1594.6%
General wholesale & retailWholesale & retail341276/7792.2%0.0561.3%
Car & motorcycle dealersWholesale & retail252073/7766.7%0.3931.7%

Highest-risk business types

Business typeSub-industryOpportunityRisk5-yr survivalAvg. net margin
Freight forwarding agency activities 52292Transportation & logistics06666.7%—
Retail sale of other new goods n.e.c. 47739General wholesale & retail044100.0%—
Electrical installation 43210Construction contracting04233.3%—
Wholesale of general merchandise on a fee or contract basis 46109General wholesale & retail041100.0%—
Accounting, bookkeeping and auditing activities; tax consultancy 69200Specialized services039100.0%—
Other plant cultivation, breeding and propagation 01302Crop farming4737100.0%-5.2%
Tour operator activities 79120Specialized services033100.0%—
Wholesale of liquid fuels 46612General wholesale & retail032100.0%—
Wholesale of fertilizers and agrochemicals 46692General wholesale & retail3632100.0%3.4%
Construction of residential buildings 41001Construction contracting323160.0%-4.4%
Manufacture of ice for consumption 10795Food453150.0%-19.9%
Wholesale of other food products 46319General wholesale & retail030100.0%—
Other road freight transport n.e.c. 49339Transportation & logistics028100.0%—
Wholesale of rubber and primary plastics 46693General wholesale & retail02875.0%—
Direct selling 47991General wholesale & retail028100.0%—
Renting and operating of own or leased residential real estate 68103Property development027100.0%—
Radio broadcasting (except online) 60101Media & publishing392686.4%15.4%
Television programme production activities 59112Media & publishing025100.0%—
Site preparation 43120Construction contracting024100.0%—
Wired and wireless internet services 61101Media & publishing024100.0%—

Highest-opportunity business types

Business typeSub-industryOpportunityRisk5-yr survivalAvg. net margin
Manufacture of distilled spirits 11011Alcoholic beverages68——16.6%
Manufacture of metal doors, windows, frames, gates and similar products 25113Steel67——11.7%
Manufacture of wired telephones and fax machines 26301Technology equipment67——73.1%
Manufacture of ready-to-drink coffee, tea and herbal tea beverages 11043Non-alcoholic beverages66——22.1%
Other printing n.e.c. 18119Paper & printing materials64——28.2%
Manufacture of perfumes, cosmetics and toilet preparations 20232Personal products62——12.6%
Manufacture of metal structural products for construction 25111Steel62——4.8%
Manufacture of concrete products for construction purposes 23951Construction materials626100.0%2.9%
Manufacture of other fruit wines n.e.c. 11029Alcoholic beverages61——43.6%
Manufacture of medicinal products from plants and animals 21002Pharmaceuticals59——-257.1%
Manufacture of ready-to-cook and perishable foods 10794Food57——-5.2%
Manufacture of ready-mixed concrete 23953Packaging & other production inputs5311100.0%-10.6%
Manufacture of structural metal for building construction 25112Steel5115100.0%-1.3%
Manufacture of bottled purified drinking water and mineral water 11041Non-alcoholic beverages49——4.3%
Manufacture of iron and steel sheets 24102Steel47——-6.1%
Manufacture of other structural metal products 25119Steel4724100.0%3.4%
Other plant cultivation, breeding and propagation 01302Crop farming4737100.0%-5.2%
Preservation of fruits or vegetables by salting, drying, or in oil or vinegar 10304Food45——-14.0%
Sawmilling of wood 16101Packaging & other production inputs456100.0%-4.9%
Manufacture of ice for consumption 10795Food453150.0%-19.9%
Show all 67 business types in this province
Business typeSub-industryOpportunityRisk5-yr survivalAvg. net margin
Freight forwarding agency activities 52292Transportation & logistics06666.7%—
Retail sale of other new goods n.e.c. 47739General wholesale & retail044100.0%—
Electrical installation 43210Construction contracting04233.3%—
Wholesale of general merchandise on a fee or contract basis 46109General wholesale & retail041100.0%—
Accounting, bookkeeping and auditing activities; tax consultancy 69200Specialized services039100.0%—
Other plant cultivation, breeding and propagation 01302Crop farming4737100.0%-5.2%
Tour operator activities 79120Specialized services033100.0%—
Wholesale of liquid fuels 46612General wholesale & retail032100.0%—
Wholesale of fertilizers and agrochemicals 46692General wholesale & retail3632100.0%3.4%
Construction of residential buildings 41001Construction contracting323160.0%-4.4%
Manufacture of ice for consumption 10795Food453150.0%-19.9%
Wholesale of other food products 46319General wholesale & retail030100.0%—
Other road freight transport n.e.c. 49339Transportation & logistics028100.0%—
Wholesale of rubber and primary plastics 46693General wholesale & retail02875.0%—
Direct selling 47991General wholesale & retail028100.0%—
Renting and operating of own or leased residential real estate 68103Property development027100.0%—
Radio broadcasting (except online) 60101Media & publishing392686.4%15.4%
Television programme production activities 59112Media & publishing025100.0%—
Site preparation 43120Construction contracting024100.0%—
Wired and wireless internet services 61101Media & publishing024100.0%—
Wholesale of other machinery and equipment 46599General wholesale & retail3424100.0%-5.8%
Manufacture of other structural metal products 25119Steel4724100.0%3.4%
Wholesale of agricultural machinery, equipment and supplies 46530General wholesale & retail02366.7%—
Retail sale of automotive fuel in specialised stores (service stations) 47300General wholesale & retail252383.3%0.2%
Other specialised construction activities 43909Construction contracting022100.0%—
Combined office administrative service activities 82110Specialized services02280.0%—
Retail sale of computers and computer peripheral equipment in specialised stores 47411General wholesale & retail3421100.0%0.0%
Wholesale of timber and primary wood products 46632General wholesale & retail020100.0%—
Renting and operating of own or leased non-residential real estate 68104Property development018100.0%—
Extraction of gravel and sand 08103Other (mining, power, water, oil, etc.)3618100.0%-23.6%
Wholesale of other agricultural raw materials 46209General wholesale & retail016100.0%—
Retail sale of other goods in non-specialised stores 47190General wholesale & retail3615100.0%2.0%
Manufacture of structural metal for building construction 25112Steel5115100.0%-1.3%
Sale of new passenger cars, pickups, vans and similar light vehicles 45101Car & motorcycle dealers014100.0%—
Retail sale of other construction materials in specialised stores 47524General wholesale & retail3014100.0%3.7%
Maintenance and repair of engine systems and motor vehicle parts 45201Car & motorcycle repair013100.0%—
Transport and handling of goods, including passengers 49323Transportation & logistics1713100.0%0.2%
Construction of non-residential buildings 41002Construction contracting211388.6%4.8%
Hotels, resorts and serviced apartments 55101Hotels & tourism3213100.0%0.5%
Retail sale of flowers, plants and related supplies in specialised stores 47733General wholesale & retail012100.0%—
Manufacture of ready-mixed concrete 23953Packaging & other production inputs5311100.0%-10.6%
Non-specialised wholesale trade 46900General wholesale & retail3510100.0%1.4%
Maintenance and repair of bodywork, doors, windows and similar parts 45202Car & motorcycle repair09100.0%—
Manufacture of other rubber products n.e.c. 22199Packaging & other production inputs389100.0%9.8%
Pre-primary education for general children 85601Specialized services06100.0%—
Sawmilling of wood 16101Packaging & other production inputs456100.0%-4.9%
Manufacture of concrete products for construction purposes 23951Construction materials626100.0%2.9%
Wholesale of bricks, stone, lime, sand and concrete products 46631General wholesale & retail25——-12.2%
Sale of motorcycles 45401Car & motorcycle dealers30——0.8%
Retail sale of jewellery in specialised stores 47732General wholesale & retail36——1.2%
Wholesale of construction materials, metal products and plumbing equipment on a fee or contract basis 46107General wholesale & retail37——4.1%
Retail sale of telecommunication equipment in specialised stores 47413General wholesale & retail37——5.1%
Credit granting for commerce and investment 64921Banking, investment & insurance38——9.0%
Materials recovery 38300Other (mining, power, water, oil, etc.)43——-23.6%
Preservation of fruits or vegetables by salting, drying, or in oil or vinegar 10304Food45——-14.0%
Manufacture of iron and steel sheets 24102Steel47——-6.1%
Manufacture of bottled purified drinking water and mineral water 11041Non-alcoholic beverages49——4.3%
Manufacture of ready-to-cook and perishable foods 10794Food57——-5.2%
Manufacture of medicinal products from plants and animals 21002Pharmaceuticals59——-257.1%
Manufacture of other fruit wines n.e.c. 11029Alcoholic beverages61——43.6%
Manufacture of perfumes, cosmetics and toilet preparations 20232Personal products62——12.6%
Manufacture of metal structural products for construction 25111Steel62——4.8%
Other printing n.e.c. 18119Paper & printing materials64——28.2%
Manufacture of ready-to-drink coffee, tea and herbal tea beverages 11043Non-alcoholic beverages66——22.1%
Manufacture of metal doors, windows, frames, gates and similar products 25113Steel67——11.7%
Manufacture of wired telephones and fax machines 26301Technology equipment67——73.1%
Manufacture of distilled spirits 11011Alcoholic beverages68——16.6%

Business types follow the Thailand Standard Industrial Classification (5-digit TSIC); 936 types have scores.

Other provinces in this region

How to read the scores
  • Opportunity index (0–100): higher means more business opportunity. It combines market size, competition and market conditions with industry factors such as labour and invested capital.
  • Risk index (0–100): higher means higher business risk, e.g. lower survival rates and more volatile performance.
  • “—” means DBD gives no score because there are too few firms of that kind in the province.

Data as of 1 March 2022 · Source: Department of Business Development, DBD DataWarehouse+
Scores published by Thailand's DBD, compiled and translated by Thaiershou. For reference only, not investment advice.

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