Forecast: Meat Production in Thailand

Meat production in Thailand stood at 2.96 million metric tons in 2023. Over the last ten years, production has been relatively stable, hovering around 2.93 to 2.97 million metric tons. Year-on-year variations typically ranged around 0% to 5%, with notable declines in 2015 and 2020, and a significant rebound in 2021. Over the last five years, the compound annual growth rate (CAGR) has been modest at approximately 0.088%, indicating a steady growth trend.

Future trends to watch for include the expected slight increase forecasted up to 2028, with an average CAGR of 0.06%. Key factors to monitor are changes in consumer preferences, economic fluctuations, and potential impacts of climate change on agricultural productivity.

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