The import of Oxirane (Ethylene Oxide) to Thailand is forecasted to grow steadily from 2024 to 2028. In 2023, the import stood at 663.27 thousand kilograms. Forecasted data indicates a year-on-year increase of approximately 1.8% from 2024 to 2025, a rise of about 1.7% from 2025 to 2026, a growth of roughly 1.6% from 2026 to 2027, and a similar trend continues with an increase of 1.6% from 2027 to 2028. This results in a cumulative average growth rate (CAGR) of about 1.7% over the five-year period.
Future trends to watch for include:
- Changes in local production capacities which might influence import needs.- Fluctuations in global prices of ethylene oxide.- Regulatory developments concerning the use of ethylene oxide in various industries.- Advances in alternative chemicals or technologies potentially reducing the demand for ethylene oxide.
