The fuel exports in Thailand have shown a fluctuating trend over the past decade. From 2013 to 2020, we observed significant declines year after year, with notable decreases such as -25.26% in 2015 and -26.43% in 2020. However, from 2021 onwards, the trend shifted positively with a 35.13% increase in 2021 and subsequent modest growths of 7.48% in 2022 and 1.17% in 2023. The value stood at 3.93 units in 2023.
The forecasted data from 2024 to 2028 shows steady growth, with a gradual increase each year, and an expected 5-year CAGR of 1.06%. This suggests a period of stabilization and modest growth for Thailand’s fuel exports in the near future.
Future Trends to Watch For:
- Global energy market trends and their impacts on Thailand's fuel exports.
- Technological advancements in fuel extraction and export processes.
- Changes in international trade policies and their implications on exports.
