Forecast for the import of non-electrical lamps and lighting fittings to Thailand shows a consistent upward trend from 2024 to 2028. In 2023, the import value stood at 8.6621 million USD. The forecasted values indicate an increase, reaching 9.0722 million USD in 2024 and continuing to rise to 10.746 million USD by 2028. The year-on-year variations show the growth is stable, with a CAGR of approximately 5.5% over the five-year period.
Trends to Watch For:
- Potential impact of economic policies and trade agreements on import dynamics.
- Shifts in consumer preferences and the increasing focus on sustainable lighting solutions.
- Technological advancements in lighting that may affect the demand for non-electrical options.