Forecast: Energy Consumption in Agriculture in Thailand

Energy consumption in the agriculture sector in Thailand has shown a declining trend from 2013 to 2020, with a notable year-on-year decrease of 22.69% in 2016 and a continuous downward CAGR of -9.61% up to 2020. However, the trend reversed somewhat from 2021, showing positive increases, culminating in a 3.57% YOY growth in 2023. The forecast for 2024-2028 predicts stability with consistent energy consumption values, suggesting no significant change.

Future trends to watch for:

  • Technological advancements in agriculture that may improve energy efficiency.
  • Policy changes towards sustainable energy practices in the agriculture sector.
  • Fluctuations in global energy markets impacting local consumption patterns.

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