In 2023, the import value of articles of cement, concrete, or artificial stone to Thailand was $45.204 million. The forecasted data from 2024 to 2028 show a consistent year-on-year growth. In 2024, the value is expected to be $47.039 million, representing a 4.06% increase from the previous year. For 2025, the projected import value is $48.931 million, a 4.02% rise from 2024. In 2026, the anticipated value is $50.785 million, marking a 3.79% increase. The forecast for 2027 is $52.602 million, growing by 3.57%, and in 2028, the value is expected to be $54.383 million, reflecting a 3.39% rise. Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) is estimated to be approximately 3.76%.
Future trends to watch for include potential fluctuations in global cement prices, changes in Thailand’s infrastructure spending, and import-export policy adjustments. Additionally, advancements in construction technology and sustainable building practices may influence import patterns and demand for specific categories of cement and concrete articles.
