The forecasted orange production in Thailand shows a consistent upward trend from 2024 to 2028, with year-on-year production increasing steadily. In 2023, the actual production stood at 561.50 thousand metric tons. The forecasted values indicate a positive growth trajectory:
- 2024: 570.17 thousand metric tons (1.54% increase from 2023)
- 2025: 579.32 thousand metric tons (1.61% increase from 2024)
- 2026: 588.28 thousand metric tons (1.54% increase from 2025)
- 2027: 597.07 thousand metric tons (1.49% increase from 2026)
- 2028: 605.68 thousand metric tons (1.44% increase from 2027)
The Compound Annual Growth Rate (CAGR) for the period 2024-2028 is approximately 1.53%, reflecting the consistent and manageable growth in orange production.
Future trends to watch for include potential impacts of climate change on agricultural yields, shifts in domestic and international demand, and possible advancements in agricultural technology that may further enhance productivity.
