The import volume of parts of milking machines and dairy machinery to Thailand has shown fluctuating trends from 2013 to 2023. The volume stood at 65.93 Thousand Kilograms in 2023, marking a yearly increase of 3.93%. The highest annual increase occurred in 2013 at 124.35%, while the lowest was in 2014 with a decrease of 47.67%. Over the last five years, the compound annual growth rate (CAGR) has averaged 3.89%, indicating a consistent growth trend.
Future trends to watch for include the forecasted 5-year CAGR of 2.58%, suggesting moderate growth through 2028. Key factors influencing these trends could include advancements in dairy technology, shifts in agricultural policies, and changes in international trade agreements affecting the dairy industry.