The forecast for Thailand's fish meal production shows steady growth from 2024 to 2028, with values increasing from 362.0 thousand metric tons in 2024 to 368.0 thousand metric tons in 2028. Comparing this with the 2023 value of 360.0 thousand metric tons, the year-on-year percentage change displays a stable upward trend.
- 2024: +0.56%
- 2025: +0.28%
- 2026: +0.55%
- 2027: +0.55%
- 2028: +0.27%
The Compound Annual Growth Rate (CAGR) for fish meal production from 2023 to 2028 is approximately +0.43%, reflecting modest but consistent growth.
Future trends to watch for include advancements in aquaculture technology, the impact of environmental regulations, and shifts in global demand for fish meal as an animal feed component. These factors could influence production volumes and international trade dynamics.
