In 2023, the import of hosiery, knitted or crocheted to Thailand stood at 33.555 million USD. The forecasted data for the following years indicate a steady increase in imports: 34.897 million USD in 2024, 36.252 million USD in 2025, 37.58 million USD in 2026, 38.882 million USD in 2027, and 40.158 million USD in 2028. Year-on-year, the import value is expected to rise as follows:
- 2024: 4.0% increase from 2023
- 2025: 3.9% increase from 2024
- 2026: 3.7% increase from 2025
- 2027: 3.5% increase from 2026
- 2028: 3.3% increase from 2027
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is estimated at 3.68%. This trend demonstrates a moderate but consistent growth in the import of hosiery into Thailand.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and eco-friendly hosiery products, which could drive higher demand. Additionally, the impact of global supply chain fluctuations and tariff policies will also play crucial roles in shaping these import figures.
