The import of aluminium waste or scrap to Thailand has shown a fluctuating trend over the past decade. From 2013 to 2023, the import volume increased from 78.714 million kg to 143.18 million kg, illustrating significant variations. Notable year-on-year changes include a 39.77% increase in 2017 and a substantial 25.02% rise in 2021. However, there was also a notable 30.05% decrease in 2015. Over the last five years, the compound annual growth rate (CAGR) was 2.67%, indicating a modest, steady rise.
In 2023, the imported volume stood at 143.18 million kg. The forecasted data reveals a continued growth trajectory with an expected volume of 167.54 million kg by 2028, reflecting a projected 5-year CAGR of 2.47% and an overall 12.97% growth by 2028.
Future trends to watch for:
- Potential policy changes in Thailand regarding waste imports and recycling regulations.
- Fluctuations in global aluminium prices affecting import volumes.
- Technological advancements in recycling processes that could impact import needs.
- The influence of global trade agreements and tariffs on aluminium waste imports.
