In 2023, the import of glass cubes and mosaic tiles to Thailand stood at 3.30 million kilograms. Over the last two years, the import volumes saw a year-on-year variation of 2.41% in 2022 and 2.3% in 2023, reflecting a slight upward trend. Over the past five years, from 2018 to 2023, the compound annual growth rate (CAGR) averaged 1.75%.
Looking ahead, imports are forecasted to grow steadily, reaching 3.69 million kilograms in 2028, indicating a forecasted five-year CAGR of 1.75% and an overall growth rate of 9.07% from 2024 to 2028.
Future trends to watch for include:
- The impact of new construction and renovation projects on demand.
- Economic factors influencing import volumes.
- Technological advances in building materials that may affect the demand for glass cubes and mosaic tiles.