The import of new pneumatic tires of rubber for bicycles to Thailand stands at 2.2282 million in 2024. Actual values for 2023 were lower at 2.2374 million, indicating a slight decrease. Year-on-year variations show a minor decline of 0.41% from 2023 to 2024. Future forecasts depict a continuous decrease:
- 2025: 2.219 million (-0.41%)
- 2026: 2.21 million (-0.41%)
- 2027: 2.2011 million (-0.40%)
- 2028: 2.1924 million (-0.40%)
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -0.40%.
Future trends to watch for include potential impacts from environmental regulations, changes in manufacturing costs, and shifts in consumer preferences towards eco-friendly products. Additionally, advancements in alternative transportation methods and materials could influence market dynamics significantly.
