Key Market Indicators
Lao Wound Dressing Import is projected to decline to $2.5 million by 2028, down from approximately $2.6 million in 2023. This represents an average annual decrease of 0.9%. The trend follows a longer-term decline, as Lao demand has been falling by 1.1% per year since 2015. The export figures for Lao Wound Dressing show an even steeper decline. Exports fell to $1,100 in 2023, a significant drop from $1,570 in 2022, marking a year-on-year decrease of 29.8%. This continues a downward trajectory that has seen Lao supply decrease by an average of 20.8% annually since 2015.
