In 2023, the banana yield in Thailand stood at 221 Thousand Hectograms Per Hectare. The forecasted data from 2024 to 2028 shows a consistent increase in banana yield, with values of 223.71, 225.57, 227.4, 229.19, and 230.94 Thousand Hectograms Per Hectare respectively.
Year-on-year percentage variations indicate steady growth:
- 2024: 1.23%
- 2025: 0.83%
- 2026: 0.81%
- 2027: 0.79%
- 2028: 0.76%
The Compound Annual Growth Rate (CAGR) for banana yield from 2024 to 2028 is projected to be approximately 0.88% annually.
Future trends to watch for include advancements in agricultural technology, climate change impact, and market demand shifts. Monitoring these factors can provide insights into further yield optimizations and sustainability practices for banana cultivation in Thailand.
