The whole fresh cow milk producing population in Thailand has experienced fluctuations over the years. In 2013, the population stood at 237.73 thousand heads, experiencing a significant decline until it stabilized at around 220.0 thousand heads from 2015 to 2019. The slight upward trend began in 2020, culminating in 221.61 thousand heads by 2023. The year-on-year variation for 2023 was 0.15%, with a CAGR over the last five years at 0.15%.
Looking forward, from 2024 to 2028, the forecasted annual growth rate is anticipated to be around 0.11% with an expected overall growth of 0.56%. Key trends include potential impacts of technological advancements in dairy farming, policy changes, and shifts in domestic and international market demands. Monitoring these factors will be crucial for predicting future changes in cow milk production.
