Forecast: Cassava Export Volume in Thailand

Cassava export volume in Thailand has shown notable fluctuations over the past decade. Starting at 26.01 million metric tons in 2014, it peaked at 31.0 million metric tons in 2015, showing a notable yearly increase of 19.17%. However, since then, the trend has generally been downward, with significant declines, particularly in 2018 with a 24.18% reduction. By 2023, the volume stood at 23.3 million metric tons, with consistent slight declines averaging around 1.07% yearly and a compounded annual growth rate (CAGR) of -0.91% forecasted for the next five years.

Future trends to watch for include potential fluctuations in global demand, possible impacts of climate change on cassava yield, and shifts in trade policies affecting export activities. Additionally, technological advancements in agriculture could influence productivity and export volumes.

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