The import of machinery for feedstuffs, poultry, and beekeeping to Thailand stood at an estimated $89.5 million in 2023. The forecast data from 2024 to 2028 shows a steady increase in import values. Specifically, the value is expected to rise from $92.298 million in 2024 to $103.29 million in 2028. Year-on-year variations indicate a consistent growth of approximately 3.1% to 2.6% per year. The Compound Annual Growth Rate (CAGR) over this 5-year period is around 2.86%.
Future trends to watch for include technological advancements in machinery, potential shifts in international trade policies, and changes in demand within the poultry and beekeeping industries. Monitoring these trends will be crucial for predicting further fluctuations and opportunities in the market.