The data indicates that Thailand's production-based CO2 emissions fluctuated between 2013 and 2023, with a generally upward trend despite some years of decline. As of 2023, emissions stood at 249.52 million metric tons, showing a modest rise over the past two years with year-on-year increases of 0.75% in 2022 and 0.70% in 2023. The average variation per year over the last five years (CAGR) has been 0.66%.
Looking forward to the forecasted period from 2024 to 2028, production-based CO2 emissions in Thailand are expected to continue their gradual increase, reaching 256.84 million metric tons by 2028. The forecasted 5-year CAGR is 0.45%, indicating a steady rise but at a slower pace compared to previous years.
Future trends to watch for:
- Impact of policy changes and environmental regulations to curb emissions.
- Adoption of cleaner technologies and renewable energy sources.
- Economic factors influencing industrial production in Thailand.
