Forecast: Import of Tankers to Thailand

The forecasted import of tankers to Thailand is projected to grow steadily between 2024 and 2028, rising from $92.597 million in 2024 to $97.004 million in 2028. This consistent growth indicates a positive annual increase in import value for the tanker market. Year-on-year, the percentage increase for each year is approximately 1.22% from 2024 to 2025, 1.19% from 2025 to 2026, 1.15% from 2026 to 2027, and 1.11% from 2027 to 2028. Looking at the last two years, the variation percentage stands slightly lower, signaling a stable yet modest increase. Over the five-year period, the CAGR is around 1.17%, reflecting a consistent average yearly growth.

Future trends to watch for include:

  • Increasing environmental regulations and their impact on tanker design and demand
  • Technological advances in the shipping industry, including automation and digitization
  • Fluctuations in global oil prices which may affect the demand for tankers
  • Potential shifts in trade policies and agreements that could impact Thailand's import needs

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