Forecast: Import of Polymethyl Methacrylate to Thailand

The import of Polymethyl Methacrylate (PMMA) to Thailand has shown fluctuating trends over the past decade, but recent data indicates a positive trajectory. Actual data reveals that in 2023, the imports stood at 29.32 million USD. Over the past two years, the year-on-year variations were 3.2% in 2023 and 8.82% in 2022, signifying a period of growth. The compound annual growth rate (CAGR) over the last five years was 1.84%, pointing to a steady increase in imports.

Forecast data from 2024 through 2028 suggest a continued upward trend, with a forecasted 5-year CAGR of 2.38%, leading to an anticipated import value of 33.993 million USD by 2028. This indicates an overall projected growth rate of 12.48% from 2023 to 2028.

Future trends to watch for:

  • Rising demand for PMMA in various industries such as automotive and electronics.
  • Potential impact of global supply chain disruptions on import rates.
  • Evolving trade policies and tariffs which may affect import values.

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