The import volume of ceramic roofing tiles to Thailand has shown fluctuations over the past decade. In 2013, the volume stood at 1.0767 million kilograms and reached 1.7195 million kilograms by 2023, showing a year-on-year variation of 1.7% for the latter year. Observing the trends, we note a significant spike in imports in 2014 with a 59.05% increase, followed by varied growth and declines until 2017. Between 2018 and 2023, the market stabilized somewhat, demonstrating a gradual increase. The five-year CAGR up to 2023 stands at 2.57%.
The forecasted data from 2024 to 2028 indicates a continual but modest growth in import volume, with a five-year CAGR projected at 1.32% and an overall growth rate of 6.76%.
Future trends to watch for:
- The impact of regional trade agreements on import dynamics.
- Technological advances in roofing materials that may affect ceramic tile demand.
- Economic factors within Thailand, especially in the construction and housing sectors.
- Environmental regulations that may influence the production and import of ceramic roofing tiles.
