The air conditioning equipment and machinery imports to Thailand are projected to increase steadily from 2024 to 2028, with forecasted values rising from $565.03 million in 2024 to $638.65 million in 2028. Compared to the base year 2023, which stood at valued imports, these projected figures represent a moderately growing trend. Year-on-year, the projected growth rates are 3.36% from 2024 to 2025, 3.18% from 2025 to 2026, 3.03% from 2026 to 2027, and 2.88% from 2027 to 2028. The five-year CAGR from 2024 to 2028 is approximately 2.86%.
Future trends to watch for include advancements in energy-efficient technologies, which may affect import values and volumes. Additionally, economic factors such as changes in consumer spending power, regulatory impacts, and shifts in global supply chains may influence future demand for air conditioning equipment in Thailand.
