In 2023, the import value of statuettes and other ornamental ceramic articles to Thailand stood at 6.15 million USD. Forecasts indicate a consistent growth in import value from 2024 to 2028, rising from 6.4088 million USD in 2024 to 7.3938 million USD by 2028. Here are the year-on-year variation percentages:
• 2024: 4.207% increase
• 2025: 3.957% increase
• 2026: 3.734% increase
• 2027: 3.525% increase
• 2028: 3.340% increase
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 3.75% indicating a steady upward trend.
Future trends to watch for include potential impacts of economic policies on imports, changes in consumer preferences towards ornamental ceramics, and the influence of global trade agreements. Market diversification and increased disposable income in Thailand could further drive demand in this sector.
