Based on actual data up to 2023 and forecasted data from 2024 to 2028, the import of ceramic laboratory and technical ware except porcelain to Thailand shows a progressive increase in volume.
From 2024 to 2028, there is a consistent year-on-year growth in volume imported. Specifically, the yearly percentage increases are as follows: 1.11% from 2024 to 2025, 1.08% from 2025 to 2026, 1.05% from 2026 to 2027, and 1.01% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this 5-year forecast period is approximately 1.06%.
In 2023, the actual value stood at 7.58 million kilograms. Observing this trend, imports are expected to steadily rise due to increasing demand for technical ceramic ware in various industrial applications.
Future trends to watch for include:
- Advancements in ceramic technology leading to increased industrial applications.- Growth in sectors such as electronics, automotive, and healthcare which utilize technical ceramics.- Potential shifts in trade policies affecting import regulations and tariffs.- Economic factors in Thailand that might enhance or restrict import volumes.