In Thailand, the distribution of table grapes has shown considerable fluctuations over the past decade. The volume reached 131.93 Thousand Metric Tons in 2023. From 2013 to 2023, the volume saw both sharp rises and declines, with significant dips in 2017, 2018, and 2021, contrasted by large increases in 2015 and 2016. Recent years saw moderate recovery with slight increases in 2022 and 2023. The year-on-year variation was 1.48% in 2023, with a 1.21% CAGR over the past five years.
Looking forward, the forecasted data indicates a steady increase, with the volume expected to reach 148.89 Thousand Metric Tons by 2028. The forecast anticipates an average annual growth rate (CAGR) of 1.92%, totaling a 9.97% growth over the next five years. This trend suggests a stabilizing market with moderate growth.
Future trends to watch for:
- Consumer preferences for fresh fruits and potential shifts in dietary habits.
- Impact of climate change on grape production and supply chain.
- Trade policies and agreements affecting import and export dynamics.
- Technological advancements in agriculture affecting yield and quality.