The forecasted import of injection-moulding machines for rubber or plastic to Thailand shows a declining trend from 2024 to 2028. In 2023, the import value was $205.65 million. The data predicts a year-on-year decrease: 1.5% from 2024 to 2025, 1.48% from 2025 to 2026, 1.48% from 2026 to 2027, and 1.47% from 2027 to 2028. The compounded annual growth rate (CAGR) over the five-year period forecasts an average decline of 1.19% per year.
Future trends to watch for:
• Advances in local manufacturing capabilities or policies promoting local production may further reduce import reliance.
• Technological advancements and innovations might influence the market, creating shifts in demand for injection-moulding machines with specific features.
• Economic fluctuations and trade policies will also be critical factors affecting future import values.
