Forecast: Import of Yarn of Carded Wool to Thailand

In 2023, the import of yarn of carded wool to Thailand stood at 20.715 million US dollars. Forecasted data suggests a steady increase in import value over the next five years: 21.313 million US dollars in 2024, 21.952 million US dollars in 2025, 22.578 million US dollars in 2026, 23.191 million US dollars in 2027, and 23.792 million US dollars in 2028. Year-on-year variations show a consistent growth trend: an increase of 2.89% from 2024 to 2025, 2.85% from 2025 to 2026, 2.71% from 2026 to 2027, and 2.59% from 2027 to 2028.

The Compound Annual Growth Rate (CAGR) over this period is approximately 2.79%. These indicators suggest a positive trend in the import of yarn of carded wool to Thailand, reflecting a stable demand in the market.

Future trends to watch for include potential impacts of trade policies, changes in wool production and pricing, and shifts in consumer demand for woolen products. Monitoring these factors will be crucial for anticipating any deviations from the current growth projections.

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