The series for paper and paper products exports from Thailand to India indicates a positive growth trend from 2024 to 2028. The value in 2023 stood at 91.5 Million US Dollars, with the forecasted values growing to 95.714 Million USD in 2024, indicating a year-on-year increase. The subsequent years show consistent growth: 100.06 Million USD in 2025, 104.32 Million USD in 2026, 108.49 Million USD in 2027, and 112.59 Million USD in 2028.
Year-on-year variation percentages over the last two observed years are:
- 2024: 4.6%
- 2025: 4.53%
- 2026: 4.26%
- 2027: 3.99%
- 2028: 3.78%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 stands at an average of approximately 4.04% per year.
Future trends to watch for include potential impact of regulatory changes in both countries, fluctuations in demand for paper products within India's growing economy, and advancements in digital technology potentially affecting paper consumption. Monitoring these factors will be crucial for anticipating future export trends and market dynamics.
