Based on the forecast data from 2024 to 2028, the import value of marine outboard spark-ignition motors to Thailand in million US Dollars is as follows:
- 2024: 17.628
- 2025: 17.705 (0.44% YoY increase)
- 2026: 17.782 (0.43% YoY increase)
- 2027: 17.856 (0.42% YoY increase)
- 2028: 17.929 (0.41% YoY increase)
The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 0.42%.
Future trends to watch for include technological advancements in marine motors, changes in consumer demand for marine recreational activities, and regulatory changes impacting marine engine imports. Monitoring these factors will be crucial for understanding long-term trajectory and potential market shifts.
