From 2013 to 2023, the export of ceramic roofing tiles from Thailand experienced fluctuations. Initially, there was considerable growth, with the volume peaking in 2015. However, a sharp decline followed in 2016, and by 2018, the volume had decreased significantly. In the subsequent years, the exports showed modest and inconsistent recovery. In 2023, the volume stood at 26.806 Million Kilograms, a slight year-on-year decrease of 1.46%. The CAGR from 2019 to 2023 is 0.66%, indicating overall stagnation in recent years.
Looking ahead from 2024, the forecast indicates a continued decline. By 2028, the export volume is expected to decrease to 24.729 Million Kilograms, with a forecasted 5-year CAGR of -1.28%, resulting in an overall reduction of 6.22% over this period.
Future trends to watch for include:
- Global market demand for ceramic roofing tiles and competitive pricing from other countries.
- Innovation in alternative roofing materials which could substitute ceramic tiles.
- Domestic policy changes in Thailand affecting manufacturing and export incentives.
- Environmental regulations and their impact on production and export processes.
