In 2023, the import value of plastic tubes, pipes, hoses, and fittings to Thailand stood at 281.65 million USD. Forecasted data indicates a steady increase in imports with values reaching 289.82 million USD in 2024, 298.09 million USD in 2025, 306.18 million USD in 2026, 314.12 million USD in 2027, and 321.89 million USD in 2028.
- Year-on-year variation:
* 2023 to 2024: 2.9%
* 2024 to 2025: 2.9%
* 2025 to 2026: 2.7%
* 2026 to 2027: 2.6%
* 2027 to 2028: 2.5%
This demonstrates a consistent upward trend with an average annual growth rate (CAGR) of approximately 2.72% over the five-year period from 2024 to 2028.
Future trends to watch for include potential shifts in global supply chains, advancements in plastic manufacturing technology, and changes in trade policies which may impact import volumes and values in the coming years.
