Based on the provided data, the imports (in thousand kilograms) are as follows for each forecasted year:
- 2024: 49.98
- 2025: 46.65
- 2026: 43.38
- 2027: 40.17
- 2028: 37.03
Year-on-Year Variation Percentage
- 2024 to 2025: -6.66%
- 2025 to 2026: -7.02%
- 2026 to 2027: -7.39%
- 2027 to 2028: -7.82%
Compound Annual Growth Rate (CAGR) for 5 Years
The CAGR from 2024 to 2028 is approximately -7.22%.
Future Trends to Watch For
Given the consistent year-over-year decline in imports, it will be important to monitor advancements in dental technology, changes in domestic production capabilities in Thailand, and shifts in healthcare policies. These factors may significantly impact the demand and imports of dental drill engines.
