Forecast: Import of Imitation Jewellery to Thailand

The import of imitation jewelry to Thailand has been showing steady growth. For 2023, the import value stood at 99.27 million US dollars. Forecasted data for 2024 places the import value at 102.66 million US dollars, indicating a year-on-year increase of 3.4% compared to 2023. The trend continues with a 3.75% increase in 2025, 3.55% in 2026, 3.35% in 2027, and 3.18% in 2028. Over the forecasted period, the compound annual growth rate (CAGR) is estimated at 3.45%, underscoring a consistent upward trend.

Future trends to watch for include:

  • The impact of global economic conditions on consumer spending power.
  • Potential supply chain disruptions or innovations affecting the cost and availability of materials.
  • Changes in consumer preferences and fashion trends influencing demand for imitation jewelry.
  • The role of e-commerce growth in driving import volumes and values.

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