In 2023, Thailand's import of fluorescent hot cathode lamps stood at an actual value of 3.25 million kilograms. From 2024 to 2028, the forecasted data indicates a slight but consistent decline in import volumes. The year-on-year variation shows a marginal decrease each year, with the volume dropping from 3.235 million kilograms in 2024 to 3.187 million kilograms in 2028. The CAGR over the five-year forecast period averages to a negative trend, reflecting a gradual reduction in imports.
Future trends to watch for:
- The shift towards more energy-efficient lighting solutions like LED lamps, which could further impact the demand for fluorescent hot cathode lamps.
- Technological advancements and government policies promoting sustainable energy may accelerate the decline in import volumes.
- The overall economic growth and infrastructure development in Thailand, which may influence the pace of this transition.