Forecast: Import of Copper Oxides and Hydroxides to Thailand

The import of Copper Oxides and Hydroxides to Thailand has exhibited fluctuations over the past decade. Between 2013 and 2023, there were notable variations, with sharp declines in 2013 (-29.56%) and 2020 (-15.23%), contrasted by significant growth in 2015 (30.47%) and 2021 (22.94%). The import value stood at 842.59 thousand kilograms in 2023. Over the last two years, the year-on-year variations were modest at 1.96% in 2022 and 1.89% in 2023. The average annual growth (CAGR) over the past five years was 1.85%. Forecast data suggests a continued, albeit slower, growth trajectory with a five-year CAGR of 1.45% up to 2028, indicating an overall growth rate of 7.48%.

Future trends to watch for include:

  • Potential shifts in global copper market dynamics affecting import costs.
  • Technological advancements in copper oxide and hydroxide applications possibly influencing demand.
  • Economic and regulatory changes within Thailand impacting import practices and volumes.

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