Key Market Indicators
Thailand's insulin imports are projected to surge to approximately $30.3 million by 2028, up from around $26.5 million in 2023. This marks a steady annual growth rate of 2%. Since 1993, the demand for insulin in Thailand has been increasing at an annual rate of 2.1%. In contrast, Thailand's insulin exports are expected to reach about $37,700 by 2028, rising from roughly $33,700 in 2023. This reflects a modest annual growth rate of 1.6%. However, the country's insulin supply has seen a slight annual decline of 0.2% since 1994. In the global rankings for insulin exports in 2023, Thailand was positioned at number 34. Estonia surpassed Thailand with an export value of approximately $33,700. Leading the rankings were France, Italy, and China, occupying the second, third, and fourth spots, respectively.
