Based on the provided data, the import of live fish to Thailand is on a steady increase from 4.1392 million kilograms in 2024 to a forecasted 4.9613 million kilograms in 2028. This indicates a consistent growth trajectory in imports. As we compare to the actual volume of 4 million kilograms in 2023, we see a consistent year-over-year growth:
- 2024: 4.1392 million kg (3.48% increase from 2023)
- 2025: 4.351 million kg (5.12% increase from 2024)
- 2026: 4.5586 million kg (4.77% increase from 2025)
- 2027: 4.762 million kg (4.47% increase from 2026)
- 2028: 4.9613 million kg (4.18% increase from 2027)
Over the last two years, from 2023 to 2025, the import volume increased by approximately 8.78%. The compound annual growth rate (CAGR) from 2023 to 2028 is about 4.12% per year, showcasing a strong upward trend in live fish imports.
Looking ahead, future trends to watch include potential shifts in trade policies, economic factors affecting import capabilities, and changes in consumer demand for certain fish species, which may impact import volumes. Additionally, monitoring environmental regulations and their effects on supply chains will be crucial.
