In 2023, Thailand imported 512.82 thousand kilograms of inner tubes of rubber for bicycles. From 2024 to 2028, the imports are forecasted to decline gradually from 507.74 thousand kilograms to 491.99 thousand kilograms. The year-on-year percent variations show a consistent decrease of approximately 0.8% from 2024 to 2028. Over the last two years, the imports declined by 1.37%, while the Compound Annual Growth Rate (CAGR) indicates an average decline of 0.8% per year over the forecast period from 2024 to 2028.
Future trends to closely monitor include technological advancements in bicycle inner tubes, shifts towards more sustainable and durable materials, and changes in consumer preferences influenced by global cycling trends. Additionally, monitoring the impact of international trade policies and economic conditions on import behaviors will be crucial.
