The import of complex fluorine salts to Thailand has shown a fluctuating trend over the past decade, with notable year-on-year variability. In 2023, imports reached a value of $7.4226 million. The recent five years have seen a modest average annual growth rate (CAGR) of 3.04%, indicating stabilization after years of volatility. The year-on-year variation over the last two years stands at 1.78% in 2023 and 1.85% in 2022, highlighting a steady, albeit slow, growth.
Future trends to watch for include:
- Global demand fluctuations in key sectors using complex fluorine salts.
- Potential regulatory changes affecting imports.
- Technological advancements that may alter market demand.
- Economic conditions and trade policies impacting Thailand’s import capacity.
The forecasted five-year CAGR from 2024 to 2028 is 1.38%, suggesting a stable but modest growth trajectory, with an overall forecasted growth rate of 7.1% over the period.
