The egg market volume in Thailand has shown a general downward trend from 2014 to 2023. The volume in 2023 stood at 815.0 thousand metric tons. The market volume decreased significantly by 6.21% in 2015 and has generally continued to decline afterward, with minor fluctuations in certain years, such as a 1.09% increase in 2018. Over the past five years, the Compound Annual Growth Rate (CAGR) averaged -0.53%, with recent years marked by more consistent year-on-year declines, like -0.37% in 2023.
Future trends indicate a continued decrease in market volume, with forecast data predicting a decline to 797.0 thousand metric tons by 2028. The forecasted five-year CAGR is -0.35%, reflecting a steady decline. Analysts should watch for changes in consumer preferences, health trends, and potential disruptions in the poultry supply chain that might impact the market further.
