Thailand's primary energy supply stood at 138.94 Million Tonnes of Oil Equivalent (MTOE) in 2023. The forecast shows a steady increase to 147.33 MTOE by 2028. Year-on-year variations illustrate a consistent growth pattern: 1.24% from 2024 to 2025, 1.18% from 2025 to 2026, 1.14% from 2026 to 2027, and 1.09% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over five years is anticipated at approximately 1.22%.
Future trends to watch for include shifts towards renewable energy, government policy changes, and potential economic fluctuations that could impact energy consumption patterns. Additionally, advancements in energy efficiency technologies and regional geopolitical developments may also play significant roles in shaping Thailand's energy landscape.
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