Forecast: Freshwater Fish Production in Thailand

The freshwater fish production in Thailand stood at 554.1 thousand metric tons in 2023. Over the past decade, production has exhibited a slight decline with notable year-on-year variations. For instance, the production decreased marginally by 0.16% in 2015, dropped significantly by 4.86% in 2016, and showed minor fluctuations in subsequent years. The year 2020 saw a significant drop of 5.37%, followed by a recovery of 4.86% in 2022. The compound annual growth rate (CAGR) for the last five years was -0.4%, indicating a gradual decline in production.

Future trends to watch for include the forecasted annual decline of 0.3% leading to a total decrease of 1.5% over the next five years until 2028. Factors to monitor include climate change impacts, regulatory changes, technological advancements in aquaculture, and possible shifts in domestic and global demand.

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