Thailand's wheat consumption is projected to decline over the next five years, decreasing from 1.08 million metric tons in 2024 to 0.883 million metric tons by 2028. In comparison to 2023, consumption stood at 1.12 million metric tons. Expected year-on-year declines are 5.5% in 2025, 5.6% in 2026, 4.6% in 2027, and 3.9% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated at -4.9%, indicating a consistent downward trend.
Future trends to watch for include changes in local dietary preferences, potential shifts in agricultural policies, and the impact of climate change on domestic wheat production. Additionally, global market fluctuations and trade agreements could influence wheat imports and consumption patterns in Thailand.
