In 2023, Thailand's furniture exports to India stood at an unspecified value, while the forecasted values for 2024 and onwards show a gradual increase: $15.061 million in 2024, $15.132 million in 2025, $15.202 million in 2026, $15.27 million in 2027, and $15.337 million in 2028. The year-on-year variations from 2024 to 2028 are minimal but positive, indicating a steady growth trend.
Key trends and variations over the last two years reflect a minor but consistent increase in export value, suggesting stability in demand. Over the last five years, the Compound Annual Growth Rate (CAGR) also points to an incremental growth pattern.
Future trends to watch for include potential economic shifts in India that could affect purchasing power, trade policies between Thailand and India, and any significant changes in global supply chain dynamics which could either enhance or impede this steady growth trajectory.