The vitamin A imports into Thailand have shown considerable fluctuations over the past decade. Starting from 145.26 thousand kilograms in 2013, there has been a noticeable upward trend, peaking at 197.47 thousand kilograms in 2021. By 2023, the volume stood at 186.78 thousand kilograms. The year-on-year variation saw significant changes, such as the increase of 24.45% in 2017 and a decrease of 11.45% in 2018. The last five years displayed a more stable growth with a CAGR of 2.76% from 2019 to 2023. Future forecasts predict a moderate growth with a five-year CAGR of 1.31% up to 2028.
Future trends to watch for:
• Continued moderate growth in imports, influenced by Thailand's demand for health supplements and fortified foods.
• Potential impacts of global supply chain disruptions on import volumes.
• Regulatory changes affecting vitamin imports and health policies in Thailand.
