The import of harvesting, produce cleaning, and grading machinery to Thailand has shown significant variations over the past decade. In 2013, the imports stood at $74.036 million. While there were fluctuations over the years, a notable increase was observed from 2017 onwards, reaching $108.58 million in 2019. Despite a slight dip in 2020, the imports rebounded and achieved $126.06 million by 2023.
Key points include:
- Year-on-year variation: +3.48% in 2023, following a +3.68% change in 2022.
- 5-year CAGR (2018-2023): 3.31%
- Forecasted increase to $148.2 million by 2028, with a projected 5-year CAGR of 2.54%.
Future trends to watch for:
- The impact of technological advancements in machinery efficiency and automation.
- Government policies promoting agricultural modernization and investment.
- Global economic influences affecting trade and importation costs.