The forecast for the import of primary cells and primary batteries to Thailand from 2024 to 2028 shows a declining trend. The expected import value is set to decrease from $53.693 million in 2024 to $50.447 million in 2028. As of 2023, the actual import value stood at $54.5 million. The year-on-year percentage variation indicates a consistent decline, with a -1.56% reduction from 2024 to 2025, -1.55% from 2025 to 2026, -1.54% from 2026 to 2027, and -1.54% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -1.55%, reflecting the average annual decline over this period.
Future trends to watch for include technological advancements in battery technology, regulatory changes impacting imports, and shifts in domestic production capacity. Additionally, emerging alternatives to primary cells and batteries and evolving market demand will be crucial factors influencing future import trends.
