The import volume of artificial graphite to Thailand reached 21.821 million kilograms in 2023, consistently growing over the preceding years. Historical data shows variable growth, with significant peaks and troughs such as a 54.42% increase in 2016 followed by a drop of 12.47% in 2020. The latest Compound Annual Growth Rate (CAGR) over the past five years stands at 4.85%, indicating a steady increase. The forecasted data suggests this upward trend will continue, with imports expected to reach 26.651 million kilograms by 2028, driven by a forecasted 5-year CAGR of 3.14%, representing a 16.7% growth over this period.
Future trends to watch include:
- The impact of technological advancements in production and demand for electric vehicles, which may drive demand for artificial graphite.
- The potential influence of international trade policies and tariffs on import volumes.
- Sustainability and environmental regulations promoting the use of synthetic materials which could affect import dynamics.
