The forecast for wheat distribution in Thailand from 2024 to 2028 shows a steady incremental increase, starting from 2.92 million metric tons in 2024 and reaching 2.98 million metric tons by 2028. This suggests a consistent year-on-year growth rate. The distribution stood at 2.88 million metric tons in 2023, marking a marginal but steady upward trend. The year-on-year variation showcases small yet positive increments, indicating stable growth. Over the last two years, the distribution rose by approximately 1.39%, while the Compound Annual Growth Rate (CAGR) over the next five years stands at roughly 0.52%.
Future trends to watch for include potential impacts from climate change on wheat production, shifts in global wheat supply chains, and changes in domestic demand influenced by consumer preferences and population growth. Monitoring these could provide a clearer picture of market dynamics and future distribution patterns.
