Forecast: Import of Prepared or Preserved Shrimps and Prawns to Thailand

In 2023, the import value of prepared or preserved shrimps and prawns to Thailand stood at 34.826 million US dollars. Forecasted data from 2024 to 2028 suggests a consistent upward trend. Year-on-year percentage growth is observable as follows: an increase of 5.5% from 2024 to 2025, 4.9% from 2025 to 2026, 4.6% from 2026 to 2027, and 4.3% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over these five years is approximately 4.5%.

Future trends to watch for:

  • Global market fluctuations in seafood prices.
  • Changes in trade policies or tariffs impacting international seafood trade.
  • Shifts in consumer preferences towards sustainable and locally-sourced seafood.
  • Advancements in food preservation technologies reducing costs and enhancing efficiency.

Top Countries about Shrimp