The import of polymers of vinyl chloride to Thailand in 2024 is forecasted at 223.96 million USD. This value shows a steady year-on-year increase to 228.54 million USD in 2025, 233.03 million USD in 2026, 237.43 million USD in 2027, and 241.75 million USD in 2028. The year-on-year percentage increase for each year from 2024 to 2028 hovers around 2%. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 2.4%, indicating a stable and predictable growth trend.
In 2023, the actual import value stood at 218.92 million USD, showing less than a 3% increase leading into 2024. Over the last two years from 2022 to 2023, the import trend was upwards but at a slightly lower growth rate compared to the forecasted CAGR of 2.4%.
Future trends to watch for include potential changes in global supply chains, advancements in alternative materials, and fluctuations in demand due to shifting manufacturing trends in Thailand. Monitoring these factors will be crucial for understanding and anticipating more precise future import levels and market dynamics.
