The pineapple market in Thailand has experienced fluctuations over the past decade, with significant drops and growths. Specifically, in 2023, the market stood at 641.0 thousand metric tons. The year-on-year variation for 2023 was a modest 0.16%, while the five-year CAGR was -1.06%. Notably, between 2014 and 2018, there were pronounced year-on-year declines and spikes, influenced by a combination of factors. From 2019 onwards, growth has largely been stable, averaging a modest 0.16% annually in the recent past.
Future trends to watch for include the forecasted steady growth from 2024 to 2028, with a five-year CAGR of 0.12% and an anticipated growth rate of 0.62%. This suggests moderate yet stable expansion in the pineapple market, driven by potential improvements in agricultural practices, export demand, and domestic consumption patterns.
