The forecast for the export of Bitumen and Asphalt, Asphaltites, and Asphaltic Rocks from Thailand is projected to steadily increase from 1.7499 million kilograms in 2024 to 1.8303 million kilograms in 2028. This represents a consistent upward trend over the forecast period. In 2023, the export volume stood at 1.7300 million kilograms, indicating an overall positive growth trajectory.
Year-on-year percentage variations are as follows:
2024: 1.15% increase
2025: 1.18% increase
2026: 1.15% increase
2027: 1.12% increase
2028: 1.08% increase
The compound annual growth rate (CAGR) over the forecast period is approximately 1.14%, reflecting a modest but steady growth trend.
Future trends to watch include the influence of global infrastructure projects, technological advancements in material extraction and processing, and the impact of environmental regulations. Market dynamics such as supply chain disruptions or geopolitical events could also play significant roles in influencing the trajectory of exports.
