The forecasted import of plastics and articles thereof to Thailand shows a consistent upward trend from 2024 to 2028, with values projected to rise from 11.07 billion USD in 2024 to 12.203 billion USD in 2028. Comparatively, in 2023, the import value stood at 10.8 billion USD. Year-on-year variations from 2024 to 2028 exhibit growth percentages as follows:
- 2024: 2.5%
- 2025: 2.64%
- 2026: 2.52%
- 2027: 2.40%
- 2028: 2.31%
The compound annual growth rate (CAGR) over this five-year span averages around 2.47% per annum.
Future trends to watch include potential impacts of global economic fluctuations, advances in bioplastic alternatives, and Thailand’s domestic policies on plastic import regulations, which could influence import volumes and values.
