The import of bumpers and parts thereof for motor vehicles to Thailand saw fluctuating trends between 2013 and 2023. The highest import value during this period was achieved in 2023 at 83.432 million US Dollars. This represents a 3.33% year-on-year increase from 2022. Over the past five years, the compound annual growth rate (CAGR) averaged at 2.72%, reflecting moderate growth in the sector. Forecasts for 2024 onwards predict a steady increase, with a forecasted CAGR of 2.46% over the next five years, reaching 97.229 million US Dollars by 2028.
Future trends to watch for include potential impacts from global supply chain disruptions, changes in automotive manufacturing standards, and adoption of new technologies within the auto industry that could influence the import dynamics of bumpers and related parts.
