The import of natural graphite in powder or flakes to Thailand has shown varied trends over the past decade, seeing fluctuations in both increases and decreases year-on-year. Significant growth was observed (+27.23%) in 2013, followed by a dip in 2014 and 2015. Post 2016, the import values generally trended upward, peaking notably in 2021 (+24.17%). By 2023, the value stood at $3.3376 million, registering a moderate growth rate.
Recent variations highlight a slight increase over the past two years (+2.91% in 2022 and +2.77% in 2023). Over the last five years, the compound annual growth rate (CAGR) was 3.8%. Looking forward, forecasted data suggest a CAGR of 2.07% from 2024 to 2028, projecting a 10.81% total growth rate over this period, marking steady but modest growth.
Future trends to watch for include potential impacts from advancements in battery technology and increased demand for electric vehicles, which could drive demand for natural graphite. Geopolitical factors and supply chain disruptions also warrant attention as they may influence import patterns.
