In 2023, the import of furniture parts to Thailand stood at 13.67 million kilograms. The forecast data indicates a gradual increase from 14.18 million kilograms in 2024 to 16.391 million kilograms in 2028, representing a consistent year-on-year growth in volume. Specifically:
- From 2024 to 2025, the increase is projected at approximately 4.02%.
- From 2025 to 2026, the projected growth is approximately 3.79%.
- From 2026 to 2027, the year-on-year growth is expected to be around 3.58%.
- From 2027 to 2028, the forecast indicates a growth of about 3.38%.
Taking a broader view, the compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 3.10%, demonstrating a steady upward trend.
Future trends to watch for include potential changes in global trade policies, shifts in consumer preferences, and economic factors that might affect the import volumes. Additionally, advancements in manufacturing technology and logistics efficiency could influence import patterns.