Thailand's meat production in 2023 stood at 2.9815 million metric tons. The data from 2013 to 2023 shows fluctuations with a general increasing trend. Year-on-year percentages indicate growth rates dipping in some years, especially in 2015 and 2020, indicating market challenges or external factors affecting production. Despite these fluctuations, the meat production exhibited a positive trend, reaching a higher value in 2023.
Year-on-year variations:
- 2022: 1.02%
- 2023: 0.99%
The 5-year CAGR from 2018 to 2023 was 0.98%, reflecting a stable and modest growth. Future trends point to steady growth, with forecast data predicting Thailand's meat production will continue to rise, reaching 3.1337 million metric tons in 2028, with an expected 5-year CAGR of 0.79% and overall growth rate of 3.99% over that period. Key trends to watch include technological advancements in meat production, evolving consumer preferences, and potential policy changes impacting the agriculture sector.
