Forecast: Import of Aluminium Structures and Parts for Construction to Thailand

The import of aluminium structures and parts for the construction sector in Thailand has demonstrated varied trends over the years. From 2013 to 2023, there were notable fluctuations in the import values with significant peaks and troughs. 2018 marked a considerable surge with a 67.75% year-on-year increase, while 2019 and 2020 witnessed declines. However, since 2021, the upward trend resumed, reaching a value of 49.005 million USD in 2023. This reflects an annual average CAGR of 2.19% over the last five years. The year-on-year variations for 2022 and 2023 were 4.28% and 4.02%, respectively.

Looking towards the future, the forecast data from 2024 to 2028 project a steady growth in imports, with an anticipated average annual growth rate (CAGR) of 2.89%. By 2028, the import value is expected to reach 58.907 million USD, representing a 15.31% growth from 2023.

Future trends to watch include:

• The impact of Thailand's infrastructure development plans on the demand for imported aluminium structures.
• Changes in trade policies and tariffs that may influence the cost and volume of imports.
• Global market conditions affecting aluminium prices and supply chains.