From 2013 to 2023, the arable land area in Thailand exhibited an initial declining trend, with values decreasing from 17.336 million hectares in 2013 to 16.746 million hectares in 2018. However, from 2019, the trend reversed, showing steady growth, peaking at 17.45 million hectares by 2023. The year-on-year variation over the last two years showed an average increase of 0.87%. The historical Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 0.83%.
Looking ahead, the forecast suggests continued expansion, with the arable land area expected to reach 18.177 million hectares by 2028. The projected five-year forecasted CAGR is 0.65%, translating to a 3.28% overall growth rate from 2023 to 2028.
Future trends to watch for include potential impacts of climate change, advancements in agricultural technologies, and policy changes aimed at sustainable land use. These factors could significantly influence the arable land area in Thailand over the coming years.
