Forecast: Import of Pigments for Paints, Dyes Packaged for Retail to Thailand

The import of pigments for paints and dyes packaged for retail to Thailand showed fluctuating trends over the years. From 2013 to 2023, the value rose from $35.537 million in 2013 to $47.749 million in 2023, with significant yearly variations. Notable changes include an 11.67% increase in 2018 and a 14.82% decline in 2020. The average growth rate (CAGR) from the past five years stands at 1.97%, reflecting a modest but steady increase. The projected value is expected to reach $53.2 million by 2028, with a forecasted CAGR of 1.76%, indicating a continued but slowing growth.

Future trends to watch:

  • Advancements in eco-friendly pigments and dyes driven by increasing environmental regulations.
  • Technological innovations in the paints and coatings industry potentially impacting import demand.
  • Fluctuations in global supply chains and raw material prices that may affect import values.

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