Forecast: Grapes Production in Thailand

In 2023, Thailand's grape production stood at 85.0 thousand metric tons. The forecast from 2024 to 2028 shows a steady increase in grape production: 85.6 thousand metric tons in 2024, 86.1 in 2025, 86.6 in 2026, 87.0 in 2027, and 87.5 in 2028. The year-on-year variation indicates consistent growth, with each year experiencing an approximate increase of 0.5 to 0.6 thousand metric tons. Over the last two years, this reflects a modest annual growth rate of around 0.65%, while the compound annual growth rate (CAGR) over the five-year forecast period is similar at approximately 0.58% per annum.

Future trends to watch for include potential impacts of climate change on grape yields, advances in agricultural technology, and market demand fluctuations that could alter production forecasts. Monitoring these factors will be critical for maintaining and potentially enhancing production growth rates in the coming years.