The export of copper and articles thereof from Thailand has shown a mixed trend over the past decade. From 2013 to 2015, there was a slight decline, followed by a recovery phase from 2016 to 2018. Particularly notable was the significant increase in 2017, with a year-on-year variation of 43.41%. Despite a minor dip in 2020, Thailand’s copper exports have generally experienced robust growth, especially from 2021 onwards, peaking at 2.5272 billion USD in 2023. The Compound Annual Growth Rate (CAGR) over the past five years stands at 3.32%, reflecting consistent growth.
Future trends indicate continued positive momentum with forecasted values reaching 3.0075 billion USD by 2028. The forecasted 5-year CAGR is 2.73%, suggesting steady, albeit slower, growth relative to previous years. As copper is crucial for various industries, especially in electronics and renewable energy sectors, demand is expected to remain robust. Key trends to watch include global economic conditions, technological advancements increasing copper demand, and Thailand’s strategic trade agreements. Sudden geopolitical changes or shifts in regional industrial demands could also impact future export trends.
