The forecast for Thailand's paper and paper products exports to Taiwan indicates a decline from 2024 to 2028. The export value is expected to decrease from 62.435 million USD in 2024 to 62.202 million USD by 2028. In 2023, the actual export value stood at 62.495 million USD. The year-on-year variation reveals minor declines: a 0.10% drop from 2024 to 2025, a 0.09% decrease from 2025 to 2026, a 0.09% dip from 2026 to 2027, and another 0.09% decline from 2027 to 2028.
Notably, the Compound Annual Growth Rate (CAGR) over this five-year period averages around -0.09%, indicating a steady, albeit slight, downward trend in export values. The long-term trend suggests a gradual reduction in the market size.
Future trends to watch for include shifts in regional demand, changes in trade policies, advancements in digital communication reducing paper usage, and environmental regulations impacting the paper industry. Monitoring these factors will be crucial for stakeholders to make informed decisions.
