The import of fresh plums to Thailand has exhibited substantial fluctuations over the past decade. After a significant dip in 2014, the import value grew sharply in 2016 and stabilized with modest year-on-year increases. Notably, imports stood at $533.26 thousand in 2023. Over the last two years, the import value increased by about 2% annually. The five-year CAGR indicates an average annual growth of 5.37% up to 2023. Looking forward, the import value is projected to continue rising, albeit at a slightly lower CAGR of 1.43%, reaching $583.97 thousand by 2028.
Future trends to watch for include:
- Potential shifts in consumer preferences and demand.
- The impact of trade policies and tariffs on import volumes.
- Developments in local plum production and supply chain efficiencies.
- Effects of climate change on both domestic and international production.
