The import value of Epoxides, Epoxyalcohols, Epoxyphenols and Epoxyethers to Thailand has exhibited fluctuation over time. From 2013 to 2023, the value varied significantly, reaching 25.814 million USD in 2023. There was notable growth in 2014 (38.86%) and a similar surge in 2017 (38.76%), followed by considerable dips, such as in 2015 (-25.75%) and 2016 (-12.99%). The 5-year compound annual growth rate (CAGR) from 2018 to 2023 was -4.55%, indicating a slight decline. Future projections suggest a continued downward trend, with a forecasted 5-year CAGR of -1.91% through 2028.
Future trends to watch for:
• Emerging global supply chains and trade policies that may impact import volumes and values.
• Technological advancements in domestic production potentially reducing reliance on imports.
• Environmental regulations influencing chemical imports and production processes.
