The import of prefabricated buildings to Thailand exhibited notable variability over the past decade. In 2013, imports were at 23.115 million kilograms and saw moderate fluctuations with a significant dip in 2014 (-3.26%) and then noticeable increases in 2015 (18.64%) and 2016 (5.41%). The latter part of the period saw more stable growth with a slight decline in 2020 (-0.44%) but a strong rebound by 2021 (9.99%). The year 2023 marked an import volume of 39.884 million kilograms, reflecting a healthy year-on-year growth of 3.96% and a five-year CAGR of 4.39%. Looking ahead, forecasts indicate a continued steady increase with a five-year CAGR of 2.85% leading to 47.816 million kilograms by 2028, sustaining a 15.08% growth over the period.
Future trends to watch for:
- Potential impact of global supply chain disruptions or geopolitical developments.
- Technological advancements in prefabrication techniques enhancing efficiency and cost-effectiveness.
- Increasing adoption of sustainable building practices and materials which could influence import volumes.
- Policy changes or incentives by the Thai government to promote local manufacturing versus importing prefabricated structures.