The forecast for the import of Petroleum Resins, Coumarone, Indene, and Polyterpenes to Thailand indicates a steady growth. In 2023, the volume stood at 40.1 Million Kilograms. For the upcoming years, projections for 2024-2028 show a consistent year-on-year increase: 3.36% in 2024, 3.36% in 2025, 3.18% in 2026, 3.03% in 2027, and 2.87% in 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is estimated to be approximately 3.16%.
Future trends to watch for include:
- Impact of global crude oil prices on the cost of imports.
- Technological advancements in synthetic alternatives.
- Trade agreements affecting import tariffs and duties.
- Domestic production capacities influencing import dependence.
