Reference
·Primary source
Thai mining and quarrying sector revenue (2020-2024)
~THB 105B (2024)
Thailand's mining and quarrying sector recorded an estimated THB 100-110 billion (~USD 2.8-3.1B) in gross output value in 2024 per the Department of Primary Industries and Mines (DPIM) and NESDC National Accounts. The series compressed in 2020 on COVID demand collapse, recovered with cement and infrastructure rebound 2021-2023, and held near peak through 2024 as Chatree gold mine restart and Banpu coal volumes lifted the topline. The sector contributes roughly 0.6-0.8% of Thailand's GDP — small in headline terms but strategically important for cement, glass, ceramics, gypsum, and the emerging lithium chain.
Figure in context
Thailand's mining and quarrying sector recorded an estimated THB 100-110 billion (~USD 2.8-3.1B) in gross output value in 2024 per the Department of Primary Industries and Mines (DPIM) and NESDC National Accounts. The series compressed in 2020 on COVID demand collapse, recovered with cement and infrastructure rebound 2021-2023, and held near peak through 2024 as Chatree gold mine restart and Banpu coal volumes lifted the topline. The sector contributes roughly 0.6-0.8% of Thailand's GDP — small in headline terms but strategically important for cement, glass, ceramics, gypsum, and the emerging lithium chain.
Interpretation notes
What this tells you
Thailand's mining and quarrying sector recorded an estimated THB 100-110 billion (~USD 2.8-3.1B) in gross output value in 2024 per the Department of Primary Industries and Mines (DPIM) and NESDC National Accounts. The series compressed in 2020 on COVID demand collapse, recovered with cement and infrastructure rebound 2021-2023, and held near peak through 2024 as Chatree gold mine restart and Banpu coal volumes lifted the topline. The sector contributes roughly 0.6-0.8% of Thailand's GDP — small in headline terms but strategically important for cement, glass, ceramics, gypsum, and the emerging lithium chain.
What not to do with it
Values in THB billions of gross output. DPIM and NESDC publish slightly different cuts (royalty-base vs national-accounts gross output); the series shown approximates national-accounts gross output.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand Gypsum Production Volume
Department of Primary Industries and Mines, Thai Mining Industry Association
Thailand Cement-Grade Limestone Output
DPIM, SCG Annual Report, TPI Polene Annual Report
Mining Royalty Rate — Industrial Minerals
Minerals Act B.E. 2560, DPIM Ministerial Notifications, Revenue Department
Thailand Potash Proven Reserves
DPIM, ASEAN Potash Mining, academic surveys
TPI Polene Mining Concession Area
TPI Polene Annual Report, SET filings, DPIM concession registry
Phang-Nga lithium recoverable resource (Reung Kiet / Bang I-Tum)
Department of Primary Industries and Mines, Pan Asia Metals ASX disclosures, Bangkok Post mining coverage
Report context
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