Key Market Indicators
Thailand's cement imports and exports are set to experience modest growth over the next five years. Imports are projected to increase from around $72 million in 2021 to around $93 million in 2026, growing at a compound annual growth rate (CAGR) of 4.1%. Since 1993, imports have jumped 60.8% year-on-year. In 2021, Thailand was ranked 37th in the world for imports. Rwanda, the Philippines, Sri Lanka, and China came in ahead of Thailand in the rankings. Exports are expected to grow from around $652 million in 2021 to around $693 million in 2026, with a CAGR of 1%. Since 1994, exports have grown 1.1% year-on-year. Canada, Germany, and the United Arab Emirates were ranked above Thailand in the export rankings.
