The import of copper tube or pipe fittings to Thailand for 2024 is forecasted at 48.268 million US dollars, increasing to 54.595 million US dollars by 2028. Comparing this with the imports of 2023, which stood at 46 million US dollars, the imports show a steady year-on-year increase. Specifically, from 2023 to 2024, there is a 4.93% rise, followed by a 3.38% increase from 2024 to 2025. The compounded annual growth rate (CAGR) over the five-year forecast period stands at approximately 3.05%, reflecting stable growth.
Future trends to watch for include potential shifts in Thailand's industrial demand for copper fittings, global copper price fluctuations, and possible changes in trade policies. Monitoring the development of substitute materials and technological advancements in piping solutions may also impact future import trends.