In 2023, the import value of fresh or chilled fish to Thailand stood at 320.35 million USD. The forecast for the coming years shows a steady increase:
-2024: 337.45 million USD
-2025: 353.12 million USD
-2026: 368.47 million USD
-2027: 383.52 million USD
-2028: 398.26 million USD
From 2023 to 2024, the year-on-year increase is approximately 5.34%. Similarly, from 2024 to 2025, the increase is about 4.64%, and from 2025 to 2026, it stands at 4.36%. Moving forward, the increases for 2026-2027 and 2027-2028 are 4.09% and 3.85%, respectively. Over the five-year period, the compound annual growth rate (CAGR) is approximately 4.46%.
Future trends to watch for include fluctuations in global fish supply and demand, potential changes in trade policies, and the impact of environmental factors on fish stocks. Additionally, monitoring advancements in aquaculture technology and sustainability practices will be crucial.
