The oilseeds market size volume in Thailand has seen fluctuations over the years. In 2014, the market stood at 781.0 thousand metric tons, increasing significantly by 9.99% in 2015, followed by a decline of 7.33% in 2016. From 2017 to 2023, the market remained relatively stable, hovering around the 790.0 thousand metric ton mark with minimal annual variations. In 2023, it was at 794.0 thousand metric tons. The compound annual growth rate (CAGR) from 2019 to 2023 was modest at 0.05%. The forecast for the period up to 2028 suggests a slight increase with a forecasted CAGR of 0.03%, reaching 795.0 thousand metric tons by 2028.
Future trends to watch for include potential technological advancements in agriculture, government policy changes, and shifts in global demand and supply dynamics. Climate change impacts and sustainability practices may also play significant roles in shaping the oilseeds market in Thailand.
