Fisheries imports in Thailand have shown fluctuations from 2013 to 2023, starting from $2.97 billion in 2013, dipping to $2.62 billion in 2015, and peaking at $3.67 billion in 2023. Year-on-year variations highlight a significant peak in 2016 with a 22.03% increase, and a notable dip in 2019 at -11.74%. In 2023, fisheries imports stood at $3.67 billion, showing a 2.16% year-on-year growth from 2022. The average annual growth rate (CAGR) over the last five years stood at 0.27%, reflecting modest growth.
Future trends will likely see a continued upward trajectory, with a forecasted CAGR of 1.54% over the next five years, reaching $4.04 billion by 2028, driven by increasing demand and potential trade policies. Watch for:
• Changes in trade agreements.
• Shifts in global fishery supply chains.
• Environmental regulations impacting fishing practices.
• Technological advancements in fish farming.
