The import of grindstones of synthetic or natural diamond to Thailand has shown fluctuating trends from 2013 to 2023. In 2023, the import volume stood at 756.53 thousand kilograms. Over the last two years, there has been a steady increase with a year-on-year variation of 1.88% in 2022 and 1.81% in 2023. Additionally, the CAGR for the last five years shows a marginal annual average variation of 0.41%, reflecting a stable import trend.
The forecast data for the next five years indicates a gradual increase, with the volume expected to reach 826.63 thousand kilograms by 2028. The forecasted CAGR of 1.4% implies moderate growth in imports. Key future trends to watch include technological advancements in manufacturing, changes in global diamond supply chains, and potential economic shifts affecting demand in Thailand.
