In 2024, Thailand's import of aluminium ores and concentrates is forecasted to be 9.132 million US dollars. For the following years, an incremental rise is anticipated with values projected at 9.2328 million US dollars in 2025, 9.3316 million US dollars in 2026, 9.4284 million US dollars in 2027, and 9.5232 million US dollars in 2028. Compared to the actual figure in 2023, which stood at 8.832 million US dollars, the 2024 forecast indicates a slight increase, showing a year-on-year variation. This continued growth across the years highlights a steady trend in the import volume.
Year-on-year variations are:
- 2024: 3.4%
- 2025: 1.1%
- 2026: 1.1%
- 2027: 1.0%
- 2028: 1.0%
The Compound Annual Growth Rate (CAGR) over the forecasted period from 2024 to 2028 is calculated to be approximately 1.1% per year.
Future trends to watch for include potential shifts in global aluminium demand and supply dynamics, changes in trade policies, and the impact of technological advancements in both extraction and processing of aluminium ores.
