The import of Vat Dyes and Preparations Based Thereon to Thailand is projected to increase steadily from 2024 to 2028. With 2023 as the baseline year, the import volume stood at 1.5 million kilograms. In 2024, it is forecasted to rise to 1.511 million kilograms, reflecting a minimal increase. By 2025, the volume is expected to reach 1.5156 million kilograms, and by 2026, 1.5202 million kilograms. The growth continues through 2027 and 2028 with import volumes estimated at 1.5247 and 1.529 million kilograms, respectively.
Year-on-year variations are fairly consistent, showing a gradual increase:
- 2024: 0.73%
- 2025: 0.30%
- 2026: 0.30%
- 2027: 0.30%
- 2028: 0.28%
The compound annual growth rate (CAGR) from 2024 to 2028 suggests a modest but steady average annual increase of approximately 0.32%.
Future trends to watch for:
It will be essential to monitor any changes in Thailand’s textile industry, as it is a primary consumer of vat dyes. Additionally, any global supply chain disruptions or trade policy changes could impact import volumes. Technological advancements in dye manufacturing may also influence future trends.
