In 2023, the import of uncoated handmade paper and paperboard to Thailand stood at 90.73 thousand US dollars. Analyzing the data from 2013 to 2013, it is evident that the value fluctuated significantly, displaying high volatility. Notable peaks were observed in 2016 and dips in 2014, 2017, and 2019. Over the last two years, a stable growth pattern emerged with year-on-year variations of 1.49% in 2022 and 1.44% in 2023. The compound annual growth rate (CAGR) reveals a modest increase of 0.28% over the past five years.
From 2024 onwards, forecasted data indicates consistent and gradual growth, with an expected 5-year CAGR of 1.13%, projecting a rise from 92.15 thousand US dollars in 2024 to 97.47 thousand US dollars by 2028.
Future trends to watch for include the impacts of environmental regulations on handmade paper production, shifts in consumer preferences for sustainable products, and the broader economic factors influencing import volumes. Monitoring these factors will be crucial for understanding the market dynamics and potential opportunities.
