Forecast: Import of Parts of Semiconductor Devices and Similar Devices to Thailand

The import of parts of semiconductor devices and similar devices to Thailand in 2023 stood at 211.73 million US dollars. From 2013 to 2023, the market witnessed significant fluctuations with variations as high as 30.64% in 2017 and a notable decline of 21.65% in 2016. The compound annual growth rate (CAGR) over the last five years (2018-2023) was 3.63%, indicating moderate growth. The year-on-year variation for the last two years showed steady increases of 3.29% in 2022 and 3.12% in 2023.

Looking ahead, the forecast suggests a consistent upward trend, with a 5-year forecasted CAGR of 2.31% from 2024 to 2028, resulting in a total growth of 12.1% over this period. The projected value for 2028 is expected to be 245.24 million US dollars.

Future trends to watch for include advancements in semiconductor technology, potential trade policy changes, and shifts in global supply chain dynamics. Additionally, increased demand for electronic devices and innovations in the Internet of Things (IoT) could significantly impact import volumes.

Top Countries about Electronics Recycling