The forecasted data for the import of natural graphite to Thailand indicates a steady year-on-year increase from 2024 to 2028. The value in 2024 stands at USD 4.7999 million, increasing to USD 5.3211 million by 2028. Assuming the imports in 2023 were USD 4.6700 million (as calculated from historical trends), the year-on-year percentage change is 2.78% from 2023 to 2024.
Over the subsequent years, the percentage changes are as follows: 2.79% from 2024 to 2025, 2.67% from 2025 to 2026, 2.54% from 2026 to 2027, and 2.44% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.64%.
Future trends to watch for include potential increases in industrial demand, the impact of technological advancements in battery production, and changes in international trade policies that could affect natural graphite's market dynamics in Thailand. Monitoring these factors will be essential for accurate forecasting and strategic planning.
