Forecast: Pet Food Exported to Thailand by Australia

The pet food exported to Thailand from Australia in 2023 stood at 3.7 thousand metric tons, showing a year-on-year increase of 13.27%. This follows significant variations in prior years, with notable declines in 2016 and 2020, but recovery trends seen in 2021 and onwards. The recent 5-year CAGR indicates an average annual growth rate of 6.43%. Forecasts for 2024-2028 predict consistent growth, supported by a projected 4.3% CAGR.

Future trends to watch include:

  • Continued demand growth driven by rising pet ownership in Thailand.
  • Emerging preference for premium and specialized pet food products.
  • Potential disruptions or opportunities from trade policies and economic changes.

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