The import of aluminium structures and parts for construction to Thailand was 7.83 million kilograms in 2023. In 2024, this figure is forecasted to increase to 8.04 million kilograms, marking a year-on-year growth of approximately 2.68%. This trend continues with a progressive increase each year, reaching 8.9196 million kilograms by 2028. This reveals an annual compounded growth rate (CAGR) of about 2.67% over the five-year period from 2023 to 2028.
Future trends to watch for include:
- Increased construction activity and infrastructure projects which may drive the demand for aluminium structures.
- Technological advancements in construction methods using lightweight and durable materials like aluminium, supporting its higher import volume.
- Changes in government policy or international trade agreements that could impact import regulations and tariffs.
Monitoring these factors will be crucial to understanding and anticipating the future dynamics of aluminium imports in Thailand's construction sector.
