The supply of shelled almonds in Thailand has exhibited notable growth over the past decade, climbing from 2.8 thousand metric tons in 2013 to 8.84 thousand metric tons in 2023, representing a Compound Annual Growth Rate (CAGR) of 18.47% in the early period and settling to a 3.61% CAGR over the last five years. In 2023, the almond supply grew by 7% from the previous year, indicating steady demand and market expansion.

Variations over the last two years:

2022: +7.62%
2023: +7%

The projected data indicates a continued upward trend with a forecasted 4.35% CAGR from 2024 to 2028, leading to a cumulative growth rate of 23.75% over the next five years.

Future trends to watch:

Potential impacts of climatic conditions on almond crop yields.
Expansion in almond-based product offerings driving demand.
Influences of international trade policies and tariffs on supply chain dynamics.