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Nong Bua Lamphu: business opportunity & risk index

廊磨南蒲府 · หนองบัวลำภู · Northeast
Top-opportunity industryIndustrial productsOpportunity 70

Province at a glance

GPP (THB million)25,187Rank 74 of 77
Income per head (THB/yr)53,416Rank 77 of 77
Population471,523Rank 54 of 77
Visitors385,359Rank 75 of 77

Scores for the 12 industries

IndustryOpportunityRiskNational rankSmallMediumLarge
Industrial products702127/777571—
Food & beverage manufacturing642458/77757461
Other businesses (mining, power, water, oil, etc.)585451/7664—57
Consumer products533069/746462—
Other services532236/7754——
Property & construction501622/775249—
Wholesale & retail471651/774948—
Agribusiness44072/76—6553
Financials40057/7242——
Transportation & logistics281377/7728—29
Hotels, restaurants & leisure251672/7626——
Technology products——————

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

IndustryYr 1Yr 2Yr 3Yr 4Yr 55-yr Small5-yr Medium5-yr Large
Agribusiness100.0%50.0%0.0%0.0%0.0%0.0%——
Food & beverage manufacturing100.0%100.0%75.0%62.5%62.5%57.1%100.0%—
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%——
Technology products————————
Property & construction100.0%94.1%87.1%82.4%76.5%76.5%——
Transportation & logistics100.0%100.0%100.0%100.0%100.0%100.0%——
Wholesale & retail97.1%92.9%90.0%80.0%74.3%73.5%100.0%—
Hotels, restaurants & leisure100.0%93.3%93.3%90.0%90.0%90.0%——
Financials100.0%100.0%83.3%83.3%50.0%50.0%——
Other services100.0%94.8%81.0%75.9%72.4%72.4%——
Other businesses (mining, power, water, oil, etc.)100.0%50.0%50.0%50.0%50.0%50.0%——
Show survival for the 44 sub-industries
Sub-industryYr 1Yr 2Yr 3Yr 4Yr 55-yr Small5-yr Medium5-yr Large
Agribusiness100.0%50.0%0.0%0.0%0.0%0.0%——
Crop farming————————
Livestock100.0%50.0%0.0%0.0%0.0%0.0%——
Fishery & aquaculture————————
Mixed farming————————
Agricultural support services————————
Forestry, logging & hunting————————
Food & beverage manufacturing100.0%100.0%75.0%62.5%62.5%57.1%100.0%—
Food100.0%100.0%83.3%66.7%66.7%66.7%——
Non-alcoholic beverages100.0%100.0%50.0%50.0%50.0%0.0%100.0%—
Alcoholic beverages————————
Consumer products100.0%100.0%100.0%100.0%100.0%100.0%——
Apparel100.0%100.0%100.0%100.0%100.0%100.0%——
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%——
Automotive————————
Auto parts100.0%100.0%100.0%100.0%100.0%100.0%——
Transport equipment————————
Industrial materials & machinery————————
Packaging & other production inputs100.0%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%94.1%87.1%82.4%76.5%76.5%——
Construction contracting100.0%93.8%86.4%81.5%75.3%75.3%——
Property development100.0%100.0%100.0%100.0%100.0%100.0%——
Transportation & logistics100.0%100.0%100.0%100.0%100.0%100.0%——
Transportation & logistics100.0%100.0%100.0%100.0%100.0%100.0%——
Wholesale & retail97.1%92.9%90.0%80.0%74.3%73.5%100.0%—
General wholesale & retail98.3%94.8%93.1%82.8%77.6%77.2%100.0%—
Car & motorcycle dealers91.7%83.3%75.0%66.7%58.3%54.5%100.0%—
Hotels, restaurants & leisure100.0%93.3%93.3%90.0%90.0%90.0%——
Hotels & tourism100.0%100.0%100.0%66.7%66.7%66.7%——
Restaurants100.0%0.0%0.0%0.0%0.0%0.0%——
Recreation100.0%96.2%96.2%96.2%96.2%96.2%——
Financials100.0%100.0%83.3%83.3%50.0%50.0%——
Banking, investment & insurance100.0%100.0%83.3%83.3%50.0%50.0%——
Other services100.0%94.8%81.0%75.9%72.4%72.4%——
Medical100.0%100.0%100.0%100.0%100.0%100.0%——
Media & publishing100.0%100.0%78.4%73.0%73.0%73.0%——
Specialized services100.0%81.3%81.3%75.0%62.5%62.5%——
Machinery repair & installation100.0%100.0%100.0%100.0%100.0%100.0%——
Car & motorcycle repair100.0%100.0%100.0%100.0%100.0%100.0%——
Other businesses (mining, power, water, oil, etc.)100.0%50.0%50.0%50.0%50.0%50.0%——
Other (mining, power, water, oil, etc.)100.0%50.0%50.0%50.0%50.0%50.0%——

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 market0.0450.0%0.6%45.9
Food & beverage manufacturing2,464,037national market0.00662.5%-8.6%24.3
Consumer products1,624,101national market0.014100.0%-0.1%74.5
Industrial products12,058,429national market0.021100.0%0.6%12.6
Technology products1,054,695national market0.050———
Property & construction1,4750.09076.5%7.1%4.1
Transportation & logistics9510.530100.0%7.3%1.6
Wholesale & retail9,4640.04374.3%1.2%6.3
Hotels, restaurants & leisure600.19090.0%-7.8%1.9
Financials2730.43850.0%14.4%4.9
Other services5,5760.96272.4%9.8%2.1
Other businesses (mining, power, water, oil, etc.)766,468national market0.02550.0%22.2%44.0
Market indicators for Small firms
IndustryMarket size (THB m)Concentration (HHI)5-yr survivalAvg. net marginAvg. initial investment (THB m)OpportunityRisk
Agribusiness———————
Food & beverage manufacturing2,464,0370.00657.1%-1.7%6.97526
Food2,122,1040.00866.7%-1.7%8.76518
Consumer products1,624,1010.014100.0%-2.8%54.36421
Apparel379,4980.005100.0%6.5%116.95633
Furniture66,2570.011100.0%-31.0%4.75930
Personal products246,3520.053100.0%13.7%1.37232
Pharmaceuticals326,8900.136—95.6%—76—
Industrial products12,058,4290.021100.0%1.8%3.67526
Auto parts1,290,8830.008100.0%23.0%4.08921
Packaging & other production inputs1,149,9590.006100.0%3.7%3.07612
Paper & printing materials383,0100.021—20.3%1.279—
Petrochemicals & chemicals4,363,9020.134100.0%-1.7%5.77816
Steel1,551,6050.055100.0%4.4%2.56716
Construction materials147,0350.014100.0%111.5%8.37616
Technology products———————
Property & construction1,4750.09076.5%7.1%3.75215
Construction contracting1,4450.09475.3%6.9%3.55115
Property development300.639100.0%13.6%7.2268
Transportation & logistics9510.530100.0%6.3%1.62816
Transportation & logistics9510.530100.0%6.3%1.6288
Wholesale & retail9,4640.04373.5%1.3%5.94917
General wholesale & retail6,1830.04077.2%1.2%3.84415
Car & motorcycle dealers3,2810.21554.5%1.6%32.54321
Hotels, restaurants & leisure600.19090.0%-7.8%1.92616
Financials2730.43850.0%14.4%4.942—
Banking, investment & insurance2730.43850.0%14.4%4.955—
Other services5,5760.96272.4%9.8%2.15422
Media & publishing50.17073.0%35.0%0.94931
Specialized services5,4960.99062.5%18.0%2.15727
Car & motorcycle repair170.448100.0%12.2%3.34016
Other businesses (mining, power, water, oil, etc.)766,4680.02550.0%4.2%2.76460
Other (mining, power, water, oil, etc.)766,4680.02550.0%4.2%2.75959
Market indicators for Medium firms
IndustryMarket size (THB m)Concentration (HHI)5-yr survivalAvg. net marginAvg. initial investment (THB m)OpportunityRisk
Agribusiness242,4040.045—36.4%112.565—
Crop farming25,9610.093—36.4%—72—
Food & beverage manufacturing2,464,0370.006100.0%2.3%103.5749
Food2,122,1040.008—2.9%103.563—
Non-alcoholic beverages138,4210.066100.0%-31.8%—599
Consumer products1,624,1010.014—0.7%186.162—
Apparel379,4980.005—0.7%186.150—
Industrial products12,058,4290.021—0.1%93.071—
Steel1,551,6050.055—0.1%90.261—
Technology products———————
Property & construction1,4750.090—7.3%90.849—
Construction contracting1,4450.094—6.9%90.847—
Property development300.639—55.3%—29—
Transportation & logistics———————
Wholesale & retail9,4640.043100.0%0.3%29.5485
General wholesale & retail6,1830.040100.0%-2.1%19.7423
Car & motorcycle dealers3,2810.215100.0%1.6%78.9415
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
Agribusiness242,4040.045—0.2%165.253—
Livestock196,1630.067—0.2%165.257—
Food & beverage manufacturing2,464,0370.006—-12.5%344.461—
Food2,122,1040.008—-12.5%344.448—
Consumer products———————
Industrial products———————
Technology products———————
Property & construction———————
Transportation & logistics9510.530—7.7%—29—
Transportation & logistics9510.530—7.7%—28—
Wholesale & retail———————
Hotels, restaurants & leisure———————
Financials———————
Other services———————
Other businesses (mining, power, water, oil, etc.)766,4680.025—22.6%456.357—
Other (mining, power, water, oil, etc.)766,4680.025—22.6%456.353—

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
Agribusiness1010033989931539—
Food & beverage manufacturing100100098530171838
Consumer products6610033931002837520
Industrial products100100337727318550
Technology products43993399———81—
Property & construction09809995821324
Transportation & logistics029100924598300
Wholesale & retail01000961434131026
Hotels, restaurants & leisure076100994039010
Financials097100971188—550
Other services010009556931828
Other businesses (mining, power, water, oil, etc.)311003398951001110050

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
Auto partsIndustrial products88211/45100.0%0.00823.0%
Paper & printing materialsIndustrial products7803/72—0.02120.3%
PharmaceuticalsConsumer products7607/56—0.13695.6%
Packaging & other production inputsIndustrial products75127/76100.0%0.0063.7%
Construction materialsIndustrial products7461/75100.0%0.014111.5%
Personal productsConsumer products713214/67100.0%0.05313.7%
Petrochemicals & chemicalsIndustrial products691641/72100.0%0.134-1.7%
Crop farmingAgribusiness68016/70—0.09336.4%
SteelIndustrial products60765/77100.0%0.0550.4%
Non-alcoholic beveragesFood & beverage manufacturing592730/7350.0%0.066-31.8%
FurnitureConsumer products583024/58100.0%0.011-31.0%
Specialized servicesOther services562625/7762.5%0.99018.0%
Other (mining, power, water, oil, etc.)Other businesses (mining, power, water, oil, etc.)565362/7650.0%0.02522.2%
FoodFood & beverage manufacturing551863/7766.7%0.008-8.5%
Banking, investment & insuranceFinancials53019/7250.0%0.43814.4%
LivestockAgribusiness50058/700.0%0.0670.2%
Construction contractingProperty & construction501630/7775.3%0.0946.9%
Media & publishingOther services493141/7473.0%0.17035.0%
ApparelConsumer products444363/67100.0%0.0051.7%
General wholesale & retailWholesale & retail431462/7777.6%0.0400.9%
Car & motorcycle repairOther services391654/65100.0%0.44812.2%
Car & motorcycle dealersWholesale & retail361956/7758.3%0.2151.6%
Transportation & logisticsTransportation & logistics27577/77100.0%0.5307.3%
Property developmentProperty & construction25868/73100.0%0.63918.3%

Highest-risk business types

Business typeSub-industryOpportunityRisk5-yr survivalAvg. net margin
Wholesale of textiles, clothing, footwear, leather goods and household goods on a fee or contract basis 46103General wholesale & retail316850.0%-1,112.5%
Other management consultancy activities n.e.c. 70209Specialized services04250.0%—
Construction of utility projects for water and oil 42201Construction contracting041100.0%—
Manufacture of other products n.e.c. 32909Personal products5840100.0%90.0%
Retail sale of computers and computer peripheral equipment in specialised stores 47411General wholesale & retail03833.3%—
Legal activities 69100Specialized services036100.0%—
Wholesale of general merchandise on a fee or contract basis 46109General wholesale & retail033100.0%—
Organization of conventions 82301Specialized services033100.0%—
Manufacture of bottled purified drinking water and mineral water 11041Non-alcoholic beverages443350.0%-31.8%
Radio broadcasting (except online) 60101Media & publishing393172.2%40.7%
Retail sale of cosmetics in specialised stores 47723General wholesale & retail030100.0%—
Lottery ticket sales activities 92001Recreation03096.0%—
Wholesale of paddy and other grains 46201General wholesale & retail029100.0%—
Other specialised construction activities 43909Construction contracting02850.0%—
Wholesale of office machinery, equipment and furniture 46594General wholesale & retail02850.0%—
Wholesale of liquid fuels 46612General wholesale & retail028100.0%—
Retail sale of other food in specialised stores n.e.c. 47219General wholesale & retail028100.0%—
Hotels, resorts and serviced apartments 55101Hotels & tourism02866.7%—
Retail sale of telecommunication equipment in specialised stores 47413General wholesale & retail3628100.0%0.6%
Buying and selling of own real estate 68101Property development026100.0%—

Highest-opportunity business types

Business typeSub-industryOpportunityRisk5-yr survivalAvg. net margin
Manufacture of medicinal products from plants and animals 21002Pharmaceuticals74——95.6%
Manufacture of builders' carpentry and joinery 16220Construction materials68——111.5%
Other printing n.e.c. 18119Paper & printing materials67——20.3%
Manufacture of bodies for motor vehicles 29201Auto parts6726100.0%23.0%
Weaving of fabrics from natural fibres 13121Apparel66——24.2%
Manufacture of veneer sheets and wood products 16210Packaging & other production inputs65——10.9%
Manufacture of plastic packaging products 22220Packaging & other production inputs65——5.7%
Manufacture of ready-mixed concrete 23953Packaging & other production inputs6512100.0%2.1%
Raising of swine (pigs) 01450Livestock63——0.2%
Growing of rubber trees 01291Crop farming60——36.4%
Manufacture of perfumes, cosmetics and toilet preparations 20232Personal products60——4.2%
Manufacture of basic iron and steel, primary and semi-finished products 24101Steel60——6.6%
Quarrying of stone for construction 08101Other (mining, power, water, oil, etc.)60——3.8%
Treatment and disposal of non-hazardous waste by sanitary landfill 38211Other (mining, power, water, oil, etc.)59——28.0%
Manufacture of other products n.e.c. 32909Personal products5840100.0%90.0%
Manufacture of products of petroleum refineries 19201Petrochemicals & chemicals57——0.3%
Manufacture of structural metal for building construction 25112Steel5718100.0%3.9%
Manufacture of sportswear 14115Apparel527100.0%5.3%
Manufacture of wooden furniture 31001Furniture5221100.0%-31.0%
Rice milling 10611Food50——2.9%
Show all 86 business types in this province
Business typeSub-industryOpportunityRisk5-yr survivalAvg. net margin
Wholesale of textiles, clothing, footwear, leather goods and household goods on a fee or contract basis 46103General wholesale & retail316850.0%-1,112.5%
Other management consultancy activities n.e.c. 70209Specialized services04250.0%—
Construction of utility projects for water and oil 42201Construction contracting041100.0%—
Manufacture of other products n.e.c. 32909Personal products5840100.0%90.0%
Retail sale of computers and computer peripheral equipment in specialised stores 47411General wholesale & retail03833.3%—
Legal activities 69100Specialized services036100.0%—
Wholesale of general merchandise on a fee or contract basis 46109General wholesale & retail033100.0%—
Organization of conventions 82301Specialized services033100.0%—
Manufacture of bottled purified drinking water and mineral water 11041Non-alcoholic beverages443350.0%-31.8%
Radio broadcasting (except online) 60101Media & publishing393172.2%40.7%
Retail sale of cosmetics in specialised stores 47723General wholesale & retail030100.0%—
Lottery ticket sales activities 92001Recreation03096.0%—
Wholesale of paddy and other grains 46201General wholesale & retail029100.0%—
Other specialised construction activities 43909Construction contracting02850.0%—
Wholesale of office machinery, equipment and furniture 46594General wholesale & retail02850.0%—
Wholesale of liquid fuels 46612General wholesale & retail028100.0%—
Retail sale of other food in specialised stores n.e.c. 47219General wholesale & retail028100.0%—
Hotels, resorts and serviced apartments 55101Hotels & tourism02866.7%—
Retail sale of telecommunication equipment in specialised stores 47413General wholesale & retail3628100.0%0.6%
Buying and selling of own real estate 68101Property development026100.0%—
Installation of industrial machinery and equipment 33200Machinery repair & installation026100.0%—
Retail sale of household electrical appliances in specialised stores 47595General wholesale & retail202666.7%3.3%
Manufacture of bodies for motor vehicles 29201Auto parts6726100.0%23.0%
Sale of new passenger cars, pickups, vans and similar light vehicles 45101Car & motorcycle dealers212560.0%1.6%
Sports club activities 93120Recreation024100.0%—
Processing of seaweed 10295Food4323100.0%6.8%
Demolition 43110Construction contracting022100.0%—
Direct selling 47991General wholesale & retail022100.0%—
Repair of special-purpose machinery 33122Machinery repair & installation021100.0%—
Construction of residential buildings 41001Construction contracting3821100.0%19.1%
Manufacture of wooden furniture 31001Furniture5221100.0%-31.0%
Wholesale of rubber and primary plastics 46693General wholesale & retail018100.0%—
Renting and leasing of passenger cars, pickups, vans and similar light motor vehicles 77101Specialized services018100.0%—
Manufacture of structural metal for building construction 25112Steel5718100.0%3.9%
Renting and operating of own or leased non-residential real estate 68104Property development017100.0%—
Maintenance and repair of engine systems and motor vehicle parts 45201Car & motorcycle repair017100.0%—
Construction of non-residential buildings 41002Construction contracting361773.9%6.5%
Electrical installation 43210Construction contracting3917100.0%24.6%
Retail sale of flowers, plants and related supplies in specialised stores 47733General wholesale & retail016100.0%—
Buying and selling of own non-residential real estate 68102Property development2316100.0%12.9%
Retail sale of automotive fuel in specialised stores (service stations) 47300General wholesale & retail2916100.0%0.7%
Manufacture of ice for consumption 10795Food4815100.0%-14.9%
Retail sale of other goods in non-specialised stores 47190General wholesale & retail3514100.0%0.4%
Wholesale of books, newspapers and stationery 46431General wholesale & retail013100.0%—
Retail sale of household furniture in specialised stores 47591General wholesale & retail013100.0%—
Retail sale of new parts and accessories of motor vehicles 45302General wholesale & retail012100.0%—
Production of other meat and poultry products 10139Food3612100.0%0.3%
Manufacture of ready-mixed concrete 23953Packaging & other production inputs6512100.0%2.1%
Construction of roads, bridges and tunnels 42101Construction contracting010100.0%—
Activities of advertising agencies 73101Specialized services010100.0%—
Retail sale of meat and meat products in specialised stores 47211General wholesale & retail09100.0%—
Retail sale of other construction materials in specialised stores 47524General wholesale & retail339100.0%-1.8%
Wholesale of new parts and accessories of motor vehicles 45301General wholesale & retail08100.0%—
Wholesale of agricultural machinery, equipment and supplies 46530General wholesale & retail178100.0%2.4%
Hospital activities 86101Medical07100.0%—
Manufacture of sportswear 14115Apparel527100.0%5.3%
Manufacture of concrete products for construction purposes 23951Construction materials05100.0%—
Transport and handling of goods, including passengers 49323Transportation & logistics385100.0%7.6%
Non-specialised wholesale trade 46900General wholesale & retail34——0.6%
Freight forwarding agency activities 52292Transportation & logistics36——2.7%
Wholesale of other agricultural raw materials 46209General wholesale & retail36—0.0%6.8%
Retail sale of jewellery in specialised stores 47732General wholesale & retail36——2.6%
Maintenance and repair of bodywork, doors, windows and similar parts 45202Car & motorcycle repair37——9.7%
Electric power generation and transmission 35101Other (mining, power, water, oil, etc.)42—0.0%22.6%
Manufacture of cordage, rope, twine and netting 13940Apparel44——0.7%
Manufacture of refined sugar 10722Food45——-12.5%
Other road freight transport n.e.c. 49339Transportation & logistics45——51.9%
Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25910Steel47——0.1%
Manufacture of other basic organic chemicals 20115Petrochemicals & chemicals48——-1,356,380.9%
Manufacture of bread, cakes and pastries 10711Food49——0.5%
Manufacture of spices and ready-made curry pastes 10771Food49——13.1%
Rice milling 10611Food50——2.9%
Extraction of gravel and sand 08103Other (mining, power, water, oil, etc.)50——20.5%
Manufacture of products of petroleum refineries 19201Petrochemicals & chemicals57——0.3%
Treatment and disposal of non-hazardous waste by sanitary landfill 38211Other (mining, power, water, oil, etc.)59——28.0%
Growing of rubber trees 01291Crop farming60——36.4%
Manufacture of perfumes, cosmetics and toilet preparations 20232Personal products60——4.2%
Manufacture of basic iron and steel, primary and semi-finished products 24101Steel60——6.6%
Quarrying of stone for construction 08101Other (mining, power, water, oil, etc.)60——3.8%
Raising of swine (pigs) 01450Livestock63——0.2%
Manufacture of veneer sheets and wood products 16210Packaging & other production inputs65——10.9%
Manufacture of plastic packaging products 22220Packaging & other production inputs65——5.7%
Weaving of fabrics from natural fibres 13121Apparel66——24.2%
Other printing n.e.c. 18119Paper & printing materials67——20.3%
Manufacture of builders' carpentry and joinery 16220Construction materials68——111.5%
Manufacture of medicinal products from plants and animals 21002Pharmaceuticals74——95.6%

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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