The historical data from 2013 to 2023 shows varying trends in Thailand's rubber and plastic products exports to India, which stood at 449.04 million USD in 2023. After a decline in 2014 and 2015, exports recovered but saw fluctuations, peaking in 2018 and then facing a dip in 2020 before increasing again. Year-on-year variations range widely, with significant drops and rises, indicating a volatile market. The CAGR over the last five years is 8.33%, showing a gradual but positive trend overall.
Future trends to watch include steady growth forecasting a CAGR of 2.84% from 2024 to 2028, suggesting a continued albeit slower increase. Key factors influencing this trend will be trade policies, economic conditions, and advancements in product quality and technology.
