Key Market Indicators
Thailand's fuel imports are projected to surge to nearly 4,700 cubic meters by 2028, up from approximately 3,600 cubic meters in 2023. This reflects an average annual growth rate of 4.2%. Since 1997, the country's demand for fuel has seen a staggering increase of over 130%. In contrast, Thailand's fuel exports are expected to decline. By 2028, exports are forecasted to drop to around 65 cubic meters from 90 cubic meters in 2023, marking an average annual decrease of 5.2%.