The poultry meat export volume in Thailand has consistently increased from 2014 to 2023, reaching 957 thousand metric tons in 2023. The year-on-year variations show significant growth during the early periods, peaking at 13.43% in 2015. However, the growth rate has gradually slowed down, with a more modest increase of 2.35% in 2023. The CAGR over the last five years stands at 1.92%, reflecting steady but decelerating growth.
Forecasts from 2024 onwards project continued growth, with the export volume anticipated to reach 1070 thousand metric tons by 2028. The forecasted CAGR for the next five years is 1.73%, indicating a stable growth trajectory. Notably, the overall projected growth rate from 2023 to 2028 is 8.98%.
Future trends to watch for include potential impacts of global trade policies, shifts in consumer preferences towards poultry meat, advancements in poultry farming technologies, and Thailand's ability to maintain competitive pricing in the international market. Monitoring these factors will be crucial in understanding and forecasting the future of Thailand's poultry meat export market.
