The beer export volume in Thailand saw fluctuations from 2014 to 2023, starting at 268.0 thousand metric tons in 2014 and decreasing to 181.0 thousand metric tons in 2023. The highest point was in 2016 at 275.0 thousand metric tons, after which a significant drop occurred, especially in 2018 (-20.66% year-on-year). From 2019 onwards, the trend continued downward, albeit with some minor recovery years, such as 2019 (+5.73%) and 2021 (+2.07%). The most recent years exhibited slight declines as seen in 2022 (-3.12%) and 2023 (-2.69%). The 5-year CAGR leading up to 2023 was -1.17%.
Forecasts indicate a continuing decrease in beer export volume, with projections showing a decline to 152.2 thousand metric tons by 2028. This represents a forecasted 5-year CAGR of -2.74% and an overall forecasted 5-year growth rate decline of -12.98% from 2023 to 2028.
Future trends to watch for include potential shifts in international trade agreements, changes in domestic production policies, and evolving consumer preferences in both domestic and export markets that might influence beer demand and, consequently, export volumes.
