Forecast: Pork Production in Thailand

In Thailand, pork production has demonstrated a notable fluctuation between 2014 and 2023, peaking in 2016 and experiencing a significant dip in 2020 due to various factors likely including market conditions and external shocks. The production stood at 1 million metric tons in 2023, reflecting a 0.3% year-on-year increase from 2022. Over the last five years (2019-2023), the pork production sector has shown an average annual growth rate (CAGR) of 0.38%, indicating stable but modest growth.

Moving forward, forecasts indicate a steady increase in production, with an expected CAGR of 0.3% over the next five years, reaching approximately 1.04 million metric tons by 2028. Key trends to watch for in the future include:

• Technological advancements in swine farming techniques
• Improvements in animal health and nutrition
• Impact of regulatory changes and trade policies
• Potential disruptions from global market dynamics and disease outbreaks
• Shifts in consumer demand and preferences within Thailand and export markets

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