Thailand's import of parts for air conditioners is projected to grow steadily from 2024 to 2028. The forecasted values show that imports will rise from 41.732 million kilograms in 2024 to 47.863 million kilograms in 2028. Comparing year-on-year changes, there is an increment of approximately 3.8% to 4.6% annually. The Compound Annual Growth Rate (CAGR) over these five years indicates an average annual growth rate of around 3.5%.
In 2023, the actual value of imported air conditioner parts was slightly lower than the forecasted 2024 figure, signaling a continuing upward trend. The trend over the last two years shows a consistent growth, with the demand alignment domestically driven by stronger economic activities and rising consumer demands.
Future trends to watch for include potential disruptions in global supply chains, technological advancements leading to changes in part specifications, and Thailand's policy on import tariffs which could impact cost-efficiency and supply dynamics within the industry. Monitoring these factors will be crucial for predicting future market behavior accurately.
