The forecast for wheat imports in Thailand shows a steady increase from 2.4 million metric tons in 2024 to 2.49 million metric tons by 2028. The year-on-year variation in percentage from 2024 to 2025 is approximately 1.25%, followed by 0.82%, 0.82%, and 0.81% in the subsequent years, indicating a consistent upward trend. Compared to 2023, where wheat imports stood at 2.38 million metric tons, the increase from 2023 to 2024 is roughly 0.84%. The compound annual growth rate (CAGR) over the five years from 2023 to 2028 is estimated at around 0.91%, indicating gradual yet stable growth.
Future trends to watch for in Thailand's wheat imports include the impact of global wheat prices, domestic agricultural policies, trade agreements, and the overall economic growth rate which could influence demand. Additionally, the effects of climate change on local production and global supply chains remain key factors to monitor.
