Forecast: Import of Antibiotics to Thailand

The import value of antibiotics in Thailand stood at 154.07 million USD in 2023. Over the last two years, the year-on-year variation showed a decline of -7.69% in 2022, followed by a modest increase of 1.49% in 2023. Observing a broader timespan, the compound annual growth rate (CAGR) over the last five years averaged 1.88%. The forecasted period from 2024 to 2028 predicts a relatively stable increase with a forecasted 5-year CAGR of 1%, expecting the import value to reach 165.48 million USD by 2028.

Future trends to watch for include:

  • Potential impacts of global supply chain disruptions on the import of antibiotics.
  • Government policies on healthcare and pharmaceutical imports that may influence the market.
  • Advancements in domestic pharmaceutical production which may reduce the dependency on imports.
  • Shifts in disease prevalence and healthcare needs that could drive changes in antibiotic demand.

Top Countries about Antiviral