Based on the provided forecast, the export of Gold from Thailand is expected to grow steadily from 2024 through 2028. The value of the exports in 2023 stood at 5.477 billion USD. The year-on-year variation shows a consistent upward trend, with the following percentage increases: 1.97% from 2024 to 2025, 1.92% from 2025 to 2026, 1.85% from 2026 to 2027, and 1.78% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.83%.
Future trends to watch for include potential fluctuations in global demand for gold, geopolitical stability impacting trade routes, advancements in mining technology, and currency exchange rate movements. These factors could significantly influence the forecasted growth or introduce new dynamics in Thailand's gold export market.
