The import of porcelain or china tableware and kitchenware to Thailand has seen varying degrees of growth and decline over the past decade, standing at 15.575 million USD in 2023. Notable fluctuations include significant year-on-year increases in 2014 (39.46%) and decreases in 2017 (-18.34%) and 2020 (-14.47%). Overall, the 5-year CAGR from 2018 to 2023 indicates solid average growth of 3.52% per year.
Recent years showed moderate growth, with a year-on-year growth of 2.77% in 2022 and 2.64% in 2023. The forecasted data from 2024 to 2028 suggests a steady increase in imports, with a forecasted 5-year CAGR of 1.98%, amounting to a total growth rate of 10.31% by 2028.
Future trends to watch for:
- Continuation of moderate growth in imports driven by domestic demand.
- Potential impact of economic policies and trade agreements on import volumes.
- Market shifts due to changes in consumer preferences and new product offerings.
