Forecast: Import of Prepared Additives for Cements, Mortars or Concretes to Thailand

The import of prepared additives for cements, mortars, or concretes to Thailand demonstrated notable fluctuations over the last decade, peaking in 2022 at 22.5 million kilograms and rising to 23.286 million kilograms in 2023. The year-on-year variation was 3.49% between 2022 and 2023. Notably, the compound annual growth rate (CAGR) over the past five years stands at 4.39%. These figures indicate a moderate but steady increase in import levels.

Looking ahead, forecasts predict continued growth in imports, with a forecasted 5-year CAGR of 2.57%, leading to an estimated 27.328 million kilograms by 2028. Cumulatively, this translates to an overall growth rate of 13.52% from 2023 to 2028.

Future trends to watch for:

  • Potential impacts of global economic fluctuations on import volumes.
  • Technological advancements and innovations in additives that could influence demand.
  • Environmental regulations and sustainability trends affecting the market dynamics.

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