In 2023, Thailand imported 3.4233 million kilograms of pigments, opacifiers, and colors for ceramics or glass. The year-on-year variation for the last two years shows a slight growth of 0.43% from 2022 to 2023. Over the past five years until 2023, the compound annual growth rate (CAGR) stands at approximately 0.41%, indicating a modest but steady increase in import volumes.
Looking at the forecast data for 2024 to 2028:
- 2024: 3.4275 million kilograms
- 2025: 3.4437 million kilograms
- 2026: 3.4596 million kilograms
- 2027: 3.4752 million kilograms
- 2028: 3.4904 million kilograms
The forecasted 5-year CAGR is 0.36%, suggesting continuous but slight growth with a forecasted overall growth rate of 1.84% over the period.
Future trends to watch for include potential changes in trade policies, technological advancements in ceramic and glass production, and shifts in market demand which could impact import volumes. Monitoring these elements will be crucial for more accurate future forecasts.
