The import of parts of electronic integrated circuits to Thailand is anticipated to grow steadily from 2024 to 2028, starting at $3.7546 billion in 2024 and reaching $3.8941 billion by 2028. Looking back, the actual import value for 2023 stood at a level prior to this forecasted data. Over the past two years, Thailand has experienced consistent growth in import values, with year-on-year variations showing marginal increases. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 indicates an average yearly increase in the value of imports.
Future trends to watch for include advancements in technology driving increased demand for integrated circuit components, shifts in global trade policies, and the potential impact of regional manufacturing developments in ASEAN. The ongoing evolution of the electronics industry, coupled with Thailand's strategic positioning within international trade networks, will play crucial roles in shaping import dynamics.