The import of passenger and goods transport ships and boats to Thailand has experienced significant fluctuations over the past decade. In 2023, the import value stood at 214.4 million USD. The data shows substantial peaks and troughs, with notable increases such as in 2014 (93.96%) and decreases like in 2015 (-49.93%), indicating a volatile market. Over the last five years, there has been a minimal average annual growth rate (CAGR) of 0.68%, suggesting a relatively stable but slow growth period.
Looking ahead, the forecasted data from 2024 to 2028 shows a slight decline, with a projected annual decrease (CAGR) of -0.53%. The cumulative growth rate over this period is predicted to be -2.6%, indicating a gradual downward trend.
Future trends to watch for include the potential impact of technological advancements in maritime transport, changes in international trade policies, and economic conditions that could influence the demand for shipping imports in Thailand.
