The import volume of wooden pallets, box pallets, and load boards to Thailand experienced steady growth from 2013 to 2017. The period saw a marked increase, especially with 2015 and 2016 recording the highest year-on-year growth rates of 20.96% and 24.04%, respectively. A decline occurred in 2018 and 2020 with a recovery in 2021, showing a significant increase of 26.38%. By 2023, the volume stood at 11.975 million kilograms, showing a modest year-on-year growth of 2.58%. The CAGR over the last five years up to 2023 was 3.34%, indicating moderate long-term growth.
Future trends forecast a steady increase with a projected CAGR of 1.94% over the next five years, reaching 13.564 million kilograms by 2028. This suggests a continued positive trend, albeit at a slower growth rate. Key factors likely to impact this trend include global supply chain dynamics, changes in Thailand's import policies, and fluctuations in raw material prices.
