Forecast: Import of Tube Mills, Metal Rolling to Thailand

The import value of tube mills and metal rolling to Thailand exhibited notable fluctuations between 2013 and 2023. The value peaked at 20.648 million USD in 2016 and saw significant declines and rebounds, stabilizing around the 11-12 million USD from 2019 onwards. As of 2023, imports stood at 11.521 million USD. The last two years demonstrated slight increases with a year-on-year growth of 1.12% in 2022 and 1.08% in 2023. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 3.96%.

Future trends to watch for include potential impacts of global economic conditions, trade relations, and technological advancements in metal manufacturing. Forecasted values indicate a gradual increase with a 5-year CAGR of 0.86%, suggesting stable but modest growth up to 2028.