The forecasted import volumes of direct dyes and preparations based thereon to Thailand show a steady decline from 1.6051 million kilograms in 2024 to 1.5773 million kilograms in 2028. As of 2023, the import volume was 1.612 million kilograms. The year-on-year variations indicate a consistent decrease in import volumes: approximately -0.45% from 2024 to 2025, -0.44% from 2025 to 2026, -0.43% from 2026 to 2027, and -0.42% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the last five years is around -0.43% per year.
Future trends to watch for:
- Environmental regulations impacting the direct dye industry and potentially reducing demand
- Technological advancements in alternative dyeing methods which might affect import volumes
- Shifts in textile industry demand within Thailand that could either mitigate or exacerbate the declining trend in dye imports