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Based on the forecasted data, the import of glass fibres and glass wool to Thailand is expected to grow as follows:
- 2024: $216.13 million
- 2025: $222.46 million (Year-on-Year increase: 2.93%)
- 2026: $228.67 million (Year-on-Year increase: 2.79%)
- 2027: $234.75 million (Year-on-Year increase: 2.66%)
- 2028: $240.71 million (Year-on-Year increase: 2.54%)
The Compound Annual Growth Rate (CAGR) over the forecasted period (2024-2028) is approximately 2.73%.
The steady growth in the import of glass fibres and glass wool suggests increasing demand in construction and manufacturing sectors. Future trends to watch include advancements in glass fibre technology, Thailand's infrastructure projects, and global supply chain dynamics, which may further impact import patterns.
This HTML text provides a concise analysis of the import forecasts along with year-on-year variations in percentages and the CAGR over the forecast period, making it easier to observe the trend for the coming years.