Why Thailand
CONNECTING YOU WITH ASEAN’S WOODWORKING & FURNITURE MARKET & INDUSTRY
- Net importer of Woodworking machinery valued at US$ 60.8 million (7.2 times of export value)
- 30th largest importer of woodworking machinery in the world
- Wood Products exports valued at THB 109.8 billion (2021), increased by 30% from 2020
- Furniture & Parts exports valued at US$ 1.8 billion (2022), increased by 16% from 2021
- Increase demands for imported processed woods due to lack of domestic supply
- Increase demands for automated woodworking machinery to improve efficiency
- Vibrant building and construction industry driven by rapid urbanization, mega government infrastructure, and private sector real estate developments
