Key Market Indicators
**Thai Aromatics Import Set to Surge by 2028** BANGKOK – Thailand's aromatic import market is on a trajectory to reach approximately $1.2 million by 2028, up from around $1 million in 2023. This represents an average annual growth rate of 2.9%. The country's demand for aromatics has been on an upward trend since 1993, with an impressive yearly increase of 8.4%. **Thai Aromatics Export Poised for Growth** Thailand's aromatic export market is also expected to grow, reaching nearly $50,000 by 2028 from its current value of about $41,000 in 2023. This marks an average annual growth rate of 3.1%. Since 2000, the nation's supply of aromatics has seen a consistent rise of 4.8% per year. In 2023, Thailand ranked 23rd in aromatic exports, with New Zealand slightly ahead at the same value of $41,000. China, India, and Japan held the second, third, and fourth positions, respectively, in the global ranking for aromatic exports.
