Forecast: Import of Porcelain Ware for Laboratory, Chemical, Technical Use to Thailand

The import of porcelain ware for laboratory, chemical, and technical use to Thailand has demonstrated fluctuations over the past decade. From 2013 to 2023, the value showed significant yearly changes, both positive and negative, with the most substantial decline recorded in 2014 (-25.56%) and notable growth in 2021 (25.3%). In 2023, the value stood at 4.3748 million USD. Over the latest five-year period, the average yearly growth (CAGR) was 3.32%. The forecast suggests a continued upward trend, with the import value expected to reach 5.1601 million USD by 2028, and the forecasted five-year CAGR at 2.59%.

Future trends to watch for include technological advancements in laboratory and chemical sectors, international trade policies impacting import tariffs, and domestic demand driven by expansion in Thailand's scientific research and industrial capacities.

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