Analysis of the coconuts and copra production in Thailand reveals a declining trend over the past decade. From its peak in 2014 at 1,000 thousand metric tons, production has consistently decreased, standing at 774 thousand metric tons in 2023. Year-on-year variation shows a consistent decline with notable drops in 2015 (-9.6%) and 2017 (-15.71%). The Compound Annual Growth Rate (CAGR) over the past five years is -2.02%, indicating a continued downward trajectory.

In the forecasted period from 2024 to 2028, production is expected to decline further, with an average annual decrease of 1.32%, resulting in an estimated production of 712.2 thousand metric tons by 2028. Key future trends to watch for include:

Impact of climate change on coconut yield and quality.
Potential advancements in agricultural technology that could improve crop resilience.
Shifts in global demand for coconut products influencing local production strategies.