In 2023, Thailand's furniture exports to Indonesia were valued at $22.418 million. The forecast data from 2024 to 2028 demonstrates a steady increase in export value. Specifically, we observe year-on-year variations of approximately 2.1% for 2025, 2.0% for 2026, 1.9% for 2027, and 1.8% for 2028. The 5-year compound annual growth rate (CAGR) from 2024 to 2028 is projected to be around 1.97%, indicating a consistent upward trend.

Future trends to watch for include:

The impact of economic policies between Thailand and Indonesia on trade.
Possible shifts in consumer preferences towards sustainable and innovative furniture designs.
Technological advancements in furniture manufacturing and logistics.
Geopolitical stability and its effects on trade agreements.