In 2023, the chicken meat supply in Thailand stood at 3.49 Million Metric Tons. From the provided forecast data, we observe a steady annual increase in chicken meat supply from 2024 to 2028. Specifically, the forecast for 2024 is 3.55 Million Metric Tons, followed by incremental growth each year until reaching 3.78 Million Metric Tons in 2028. This indicates a positive year-on-year growth trend in chicken meat supply during the forecast period.
Key observations and trends for the forecast period (2024-2028) include:
- Year-on-year variation:
- 2024: +1.7%
- 2025: +1.7%
- 2026: +1.7%
- 2027: +1.4%
- 2028: +1.6%
- Five-year CAGR (2024-2028): 1.62%
The steady growth indicated by the year-on-year variations and the five-year compound annual growth rate reflects a consistent expansion in Thailand's chicken meat supply. Future trends to watch for include potential changes in consumer demand, fluctuations in feed prices, and policy shifts affecting poultry farming. Additionally, monitoring international trade dynamics and disease outbreaks within the poultry industry will be essential for more accurate forecasting.
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