In 2023, Thailand's import of fresh foliage, branches for bouquets stood at 186.45 thousand kilograms. Forecast data indicates consistent growth from 2024 to 2028, with imports expected to increase from 195.65 thousand kilograms in 2024 to 232.18 thousand kilograms in 2028. Year-on-year variations show steady growth:
- 2024: 4.93%
- 2025: 4.81%
- 2026: 4.50%
- 2027: 4.22%
- 2028: 3.97%
The Compound Annual Growth Rate (CAGR) between 2023 and 2028 is projected to be approximately 4.28%. This consistent upward trend suggests a strong market demand and increasing consumer interest in fresh foliage and bouquets.
Future trends to watch for include potential impacts of environmental policies on imports, innovations in sustainable farming practices, and shifts in consumer preferences towards eco-friendly and locally sourced products. Analyzing these trends can provide valuable insights for stakeholders in the floral industry.
