The wheat supply in Thailand for 2023 stood at 2.90 million metric tons. The forecasted data from 2024 to 2028 shows a steady increase: 2.92 million metric tons in 2024, 2.94 in 2025, 2.95 in 2026, 2.97 in 2027, and 2.98 in 2028. Year-on-year variation shows incremental growth, reflecting a consistent upward trend. Specifically, the forecasted average annual growth rate (CAGR) over the next five years is approximately 0.7%.
Future trends to watch for include potential impacts from global wheat market fluctuations, weather and climate conditions affecting local agriculture, technological advancements in farming practices, and government policies on agriculture and trade that could influence supply dynamics. Monitoring these factors can help anticipate changes in the supply chain and market conditions.
