The import of waste and scrap of paper and paperboard to Thailand has seen significant fluctuations over the past decade. The value stood at 294.23 million USD in 2023. From 2013 to 2023, there have been substantial year-on-year variations, such as the high increase of 71.95% in 2017 and a notable decline of 28.23% in 2018. Recent years have demonstrated more moderate changes, with a 2.35% increase in 2022 followed by a 2.25% increase in 2023. The CAGR for the past five years stands at 4.11%.
Future trends to watch include:
- Steady growth with a forecasted 5-year CAGR of 1.72%.
- An overall projected growth rate of 8.88% by 2028.
- Potential changes in global recycling policies and environmental regulations.
- Fluctuations in global demand and supply chains affecting import volumes.
