The wheat export volume in Thailand stood at 330.0 thousand metric tons in 2023, representing a 1.23% year-on-year increase. Historically, the period from 2014 to 2023 showed a steady growth with a Compound Annual Growth Rate (CAGR) of 1.13%, illustrating incremental but consistent gains. The significant growth years, such as 2015 with a 7.72% year-on-year increase and 2016 with a 7.17% rise, marked notable expansions.

For the forecasted period from 2024 to 2028, the wheat export volume is expected to grow at a CAGR of 0.82%, reaching 348.0 thousand metric tons by 2028. The five-year growth rate is projected at 4.19%, which indicates a slower but stable growth trajectory.

Future trends to watch for include