In 2023, the import of air conditioners with a refrigerating unit to Thailand stood at $40.44 million, showcasing modest growth patterns. Over the past two years, the year-on-year variation has been 1.17% and 1.13% respectively. The Compound Annual Growth Rate (CAGR) for the last five years is 1.31%, reflecting a steady yet slow increase. Historical data indicates volatility, with sharp declines early in the series and more stable incremental increases in recent years.
Future trends to watch for include technological advancements in energy-efficient air conditioners and Thailand's economic policy shifts, which could impact import levels. Additionally, increasing awareness of environmental sustainability may spur demand for greener technologies in air conditioning units.
