The import of pigments and preparations based on titanium dioxide to Thailand has shown a fluctuating trend from 2013 to 2023. From a high of 307.78 million USD in 2017, the value dipped and then recovered, reaching 327.82 million USD in 2023. The year-on-year variations for the last two years reveal a steady increase, with a 2.32% rise in 2022 and a 2.22% increase in 2023. The compound annual growth rate (CAGR) over the last 5 years stands at 2.65%.

Looking to the future, the forecast data suggests continued growth in imports, with values reaching 365.07 million USD by 2028. The projected 5-year CAGR is 1.69%, indicating moderate growth. Key future trends to watch for include global supply chain stability, raw material costs, and technological advancements in pigment production.

Key points: