From 2013 to 2023, the import volume of monobutyl ethers of ethylene and diethylene glycol to Thailand experienced notable fluctuations. Initial years saw significant variations, including a 19.94% decrease in 2014 and a peak 23.43% increase in 2021. By 2023, the import volume stood at 23.28 million kilograms, reflecting a modest 2.24% year-on-year growth. Over the last five years, the compound annual growth rate (CAGR) was 2.1%, signifying a relatively steady trend.
Looking forward, the forecast predicts a consistent increase, with the volume expected to reach 25.943 million kilograms by 2028. The forecasted five-year CAGR stands at 1.71%, resulting in an 8.82% overall growth rate. Future trends to watch include potential market disruptions from global economic shifts, changes in industrial consumption patterns, and regulatory policies affecting imports.
