The forecasted import values of vitrifiable enamels and glazes for ceramics and glass to Thailand from 2024 to 2028 show a steady increase. The values are expected to rise from 16.064 million US dollars in 2024 to 17.456 million US dollars in 2028. Based on the actual values from 2023, this indicates a continuous upward trend.
Year-on-year variations demonstrate consistent growth:
• 2025: +2.24% increase from 2024
• 2026: +2.14% increase from 2025
• 2027: +2.06% increase from 2026
• 2028: +1.97% increase from 2027
The compound annual growth rate (CAGR) from 2024 to 2028 is around 2.10% per year, showcasing a stable increase in imports over the five-year period.
Future trends to watch for include potential impacts from technological advancements in ceramics and glass production, shifts in industrial demand, and changes in trade policies that could affect import levels. Additionally, any economic fluctuations in global and regional markets could also play a significant role in altering these forecasts.
