In 2023, the import value of backed aluminum foil to Thailand stood at 75 million US Dollars. From 2024 onwards, the forecasts indicate a steady increase in imports, with values projected to rise from 77.204 million USD in 2024 to 86.436 million USD by 2028. The year-on-year growth rate from 2024 to 2025 is approximately 3.08%, and from 2025 to 2026, it's about 2.93%. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is around 2.83%, reflecting a consistent upward trend in import values.
Future trends to watch for include:
- The impact of global aluminum prices on import values.
- Changes in demand for backed aluminum foil in regional markets such as ASEAN.
- Technological advancements in aluminum foil production.
- Regulatory changes affecting international trade between Thailand and aluminum foil exporting countries.
