Forecast: Import of Refractory Ceramic Constructional Goods to Thailand

The import of refractory ceramic constructional goods to Thailand exhibited fluctuations from 2013 to 2023. The value of imports in 2023 stood at 79.643 million US dollars. Year-on-year variations reveal a significant dip in 2015 by 24.55% followed by a notable increase of 36.44% in 2017. From 2020 onward, the trend saw moderate growth with a 23.96% rise in 2021 and smaller increments thereafter. The Compound Annual Growth Rate (CAGR) for the last five years was 2.54%, indicating steady growth.

Future trends to watch for include:

  • Continued growth with a forecasted CAGR of 1.97% for the next five years.
  • The total growth rate for imports is expected to be 10.25% by 2028, suggesting a stable import demand for refractory ceramic goods.
  • Potential market shifts or economic changes that could impact the import levels and supply chain dynamics.

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