The import of new pneumatic tyres of rubber for motorcycles to Thailand stood at 1.750 million in 2023. The forecast indicates a consistent increase from 2024 through 2028, with values rising from 1.7891 million in 2024 to 1.9496 million in 2028. Year-on-year variations show a steady growth of approximately 2-3%, while the compound annual growth rate (CAGR) over the five years is roughly 2.2%. This steady growth can be attributed to rising domestic demand and market expansion efforts. Future trends to watch for:
• Advancements in tyre technology that could influence demand.• Economic factors affecting disposable income and purchasing power.• Policy changes or trade agreements impacting import rates.• Market penetration by international tyre manufacturers boosting competition.
