Forecast analysis of Kapok Fibre Production in Thailand shows a consistent decline from 20.38 thousand metric tons in 2024 to 16.87 thousand metric tons in 2028. In 2023, the production stood at 21.30 thousand metric tons. The year-on-year variations are as follows:
• 2024: -4.32%
• 2025: -4.42%
• 2026: -4.57%
• 2027: -4.69%
• 2028: -4.80%
The compound annual growth rate (CAGR) over the last five years is -4.56%, indicating a declining trend in Kapok Fibre Production. Future trends to watch include potential technological innovations in farming, shifts in global demand, and environmental policies which may impact production levels.
