The import of natural bitumen and asphalt to Thailand is forecasted to grow steadily from 2024 to 2028. Standing at 4.4492 million USD in 2024, the value is expected to reach 4.964 million USD by 2028. Comparing 2023 to 2024, there is a year-on-year growth rate of approximately X%, showcasing a rising trend. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is X%, indicating a consistent annual increase.

Future trends to watch for include:

Increasing demand driven by infrastructure development projects in Thailand.
Potential changes in global oil prices that may impact the cost and availability of natural bitumen and asphalt.
Technological advancements in construction and road paving that could influence the types of asphalt and bitumen imported.
Regulatory changes and environmental policies that might affect the import market dynamics.