The export of printing ink other than black from Thailand experienced significant fluctuations over the past decade. From a high of 28.918 million USD in 2013, it saw a sharp decline to 16.88 million USD by 2017. A moderate recovery occurred in subsequent years, climbing to 20.375 million USD by 2023. The year-on-year variation for 2022 and 2023 was 6.72% and 1.34%, respectively. The CAGR over the last 5 years stood at 0.99%, projecting slow but steady growth.

Future trends to watch for:

Continued moderate growth with a forecast 5-year CAGR of 1.07%.
Potential impacts of global economic conditions and trade policies on export dynamics.
Technological advancements in printing ink formulations and their influence on market demand.
Sustainability and environmental regulations creating new opportunities and challenges in the industry.