| Year | Value (Million USD) | YoY Variation (%) |
|---|---|---|
| 2024 | 15.809 | |
| 2025 | 13.665 | -13.58% |
| 2026 | 11.565 | -15.36% |
| 2027 | 9.5057 | -17.81% |
| 2028 | 7.488 | -21.27% |
Average CAGR: -16.16%
Analysis shows a continued decline in Thailand's paper and paper products exports to Singapore, with compound annual growth rate (CAGR) decreasing by 16.16% from 2024 to 2028. This trend suggests a consistent decline in demand or increased competition within this market segment.
It is crucial to monitor potential changes in trade policies, production costs, and emerging technologies that could influence the export market. Additionally, shifts in consumer behavior towards digital and recycled products could further impact the demand for traditional paper products.
