Thailand's wheat domestic consumption in 2023 stood at 2.10 million metric tons. According to forecasted data, consumption is expected to rise slightly year-on-year from 2024 to 2028. The year-on-year variation from 2024 to 2025 is 0.47%, and from 2025 to 2026 it remains constant at 0.00%. From 2026 to 2027, it is projected to increase by 0.47%, followed by another 0.47% increase from 2027 to 2028. The CAGR for the five-year period from 2024 to 2028 is 0.47%, indicating a steady but modest upward trend.
Future trends to watch for:
- Impact of global wheat prices on domestic consumption.
- Changes in dietary preferences towards wheat-based products.
- Agricultural policies and their influence on wheat importation.
- Potential shifts in domestic wheat production capabilities.
