The import of fresh apples to Thailand has demonstrated a generally upward trend with periodic fluctuations over the past decade, standing at $226.73 million in 2023. The year-on-year variations have shown both increases and decreases: a notable decline of 16.72% in 2017 and subsequent gradual increases culminating in a 2.39% rise in 2023. The CAGR over the last five years stands at 3.7%, indicating moderate growth. Forecast data suggest a continuous but decelerated growth with a 1.64% CAGR projected over the next five years, achieving an estimated import value of $251.62 million in 2028.
Future trends to watch for include potential impacts of global trade policies, shifts in consumer preferences towards local produce, and economic factors such as foreign exchange rates which could influence import costs. Sustainable and organic farming practices may also impact import demands as worldwide trends towards healthier lifestyles continue to grow.
