The forecasted demand for bananas in Thailand shows a declining trend from 2024 to 2028. Starting at 830.0 thousand metric tons in 2024, it is expected to steadily decrease to 720.0 thousand metric tons by 2028. This reflects an average annual decline (CAGR) over the five-year period. Year-on-year, the demand decreases by approximately 3-4% annually.
Future trends to watch for include shifts in consumer preferences, potential changes in import/export regulations, the impact of climate change on local banana production, and the introduction of alternative fruits gaining popularity. Monitoring these aspects will be crucial for stakeholders making strategic decisions in the banana market.
