The demersal fish market in Thailand is showing a steady upward trend. In 2023, the market stood at a volume of 126.11 thousand metric tons. The forecasted data from 2024 to 2028 indicates a consistent growth in market volume. From 2024 to 2025, the volume increases by approximately 1.35%, followed by a 1.31% rise from 2025 to 2026. In 2027, the market grows by 1.26%, and from 2027 to 2028, it shows an increase of 1.23%. The Compound Annual Growth Rate (CAGR) for this period is around 1.3%.
Future trends to watch for: - Advancements in sustainable fishing practices and regulatory changes may impact market dynamics.- Technological innovations in aquaculture could boost productivity.- Consumer preference shifts towards eco-friendly and sustainable fish products will likely influence market demand.- Global economic conditions and trade policies could affect export-import dynamics and market growth.
