The total aquaculture production in Thailand is experiencing a declining trend from 2024 to 2028, showing a continuous year-on-year decrease. In 2023, the total production stood at 906.84 Thousand Metric Tons. Based on the forecasted data:
- 2024: 898.29 Thousand Metric Tons (-0.94%)
- 2025: 889.8 Thousand Metric Tons (-0.94%)
- 2026: 881.48 Thousand Metric Tons (-0.94%)
- 2027: 873.33 Thousand Metric Tons (-0.92%)
- 2028: 865.34 Thousand Metric Tons (-0.92%)
The Compound Annual Growth Rate (CAGR) over this period is -0.92%. Future trends to watch for in the aquaculture sector include technological advancements in farming methods, sustainability practices to ensure environmental protection, and the potential impact of climate change on production yields. These factors could either alleviate or exacerbate the current downward trend in production.
