Forecast: Import of Ceramic Building Bricks, Flooring Blocks and Tiles to Thailand

The import of ceramic building bricks, flooring blocks, and tiles to Thailand has seen significant fluctuations over the years. From 2013 to 2016, the value dropped drastically, showcasing a downward trend. The year-on-year decrease from 2015 to 2016 was particularly steep at -49.15%. However, there was a noteworthy comeback in 2018 with a positive year-on-year change of 28.29%.

Despite this temporary rebound, the trend continued to decline with slight fluctuations until 2023, where the import value stood at $0.71728 million, marking a -4.56% decrease from the previous year.

The CAGR over the last five years (2018-2023) is at -5.3%, indicating a steady annual decline. Looking forward, the forecasted data suggests a continued decrease, with a projected 5-year CAGR of -4.55%, resulting in a total decrease of 20.79% in import value by 2028.

Future trends to watch for include:

• The impact of local manufacturing advancements in ceramic products on import needs.
• Changes in construction demand and urban development policies in Thailand.
• Global trade policies and tariff changes impacting the cost and import feasibility of these materials.