Between 2014 and 2023, Thailand’s infant food import volumes experienced an overall declining trend with a Compound Annual Growth Rate (CAGR) of -1.73%. Notable fluctuations occurred, such as a significant decline of -15.38% in 2017, followed by a modest recovery in 2018 with a 9.09% increase. Import volumes remained stable from 2021 to 2023 at 11 thousand metric tons. The projected trend indicates a steady decline, reaching 9.81 thousand metric tons by 2028.
Future trends to watch for include changes in domestic infant food production capacity, shifts in consumer preferences towards locally produced alternatives, and potential trade policy changes affecting import volumes. Improved economic conditions or population growth could also moderately alter forecasts.
