The export value of rubber and plastic products from Thailand to Japan showed an upward trend from 2013 to 2023, capturing a 1.4025 billion US dollars mark in 2023. While there were fluctuations in the year-on-year growth, the compound annual growth rate (CAGR) over the past five years averaged 1.69%, reflecting moderate growth. The most recent two years saw a stable growth of 1.95%.
Looking ahead to 2028, the forecast indicates a steady increase in exports, with a projected CAGR of 1.51% and an overall growth of 7.8%. Key future trends to monitor include advancements in sustainable materials, shifts in global trade policies, and technological innovations within the industry.
