Forecast: Poultry Meat Production in Thailand

In 2023, Thailand's poultry meat production was estimated at 1.77 million metric tons. From 2014 to 2023, there has been a nuanced fluctuation with a general minor decline. The year-on-year variations exhibit some volatility, especially notable with the 5.16% drop in 2020 and a subsequent 5.14% recovery in 2021. The compounded annual growth rate (CAGR) over the last five years stands at -0.12%.

Looking forward from 2024 to 2028, poultry meat production is expected to remain relatively stable, with a forecasted five-year CAGR of -0.1%, translating to a slight growth rate decrease of -0.52% over the period.

Future trends to watch for:

• Technological advancements and their adoption in poultry farming.
• Impacts of regulatory changes and trade policies on production levels.
• Shifts in domestic and international demand, particularly in key export markets.
• Environmental sustainability measures and their effects on production processes.