In 2023, the grapefruit market size volume in Thailand stood at 207.0 thousand metric tons. Observing historical data, the market exhibited fluctuations: experiencing a decline from 2014 to 2017, then rebounding sharply in 2018, before stabilizing around 206.0-207.0 thousand metric tons from 2019 onwards.
Year-on-year variations over the last two years reflect minimal change, with a 0% change in 2023 and slight growth in 2022 at 0.49%. Over the past five years, the compound annual growth rate (CAGR) has been -0.57%, indicating a slight overall decline in market size.
Forecast data predict modest growth, with an anticipated volume of 208 thousand metric tons by 2025 and 209 thousand metric tons by 2028. The forecasted five-year CAGR is 0.19%, reflecting a stable market with slight upward trends.
Future trends to watch for include potential influences of climate change on cultivation, consumer health trends impacting demand, and possible changes in export and import policies affecting market dynamics.
