Forecast: Total Primary Energy Supply in Thailand

The Total Primary Energy Supply in Thailand has experienced a fluctuating trend over the past decade with an overall decreasing trajectory. From 2013 to 2023, values fluctuated from 130.0 to 110.0 Tonnes of Oil Equivalent Per Unit US Dollars. Significant decreases were observed in 2016, 2018, and 2020, with a temporary recovery in 2021 and 2022 followed by stabilization.

Key variations include:

• 2013: 4.84% increase, 1.11% CAGR
• 2014: -1.54% decrease, 0.8% CAGR
• 2015: -2.34% decrease, 0% CAGR
• 2018: -5.93% decrease, -3.11% CAGR
• 2020: -17.75% decrease, -6.09% CAGR
• 2021: 13.42% increase, -3.38% CAGR
• 2023: -0.93% decrease, -0.73% CAGR

Looking forward, from 2024 to 2028, the forecast indicates a stable year-on-year trend with a projected 5-year CAGR of -0.83% and an overall growth rate of -4.1%. Future trends to watch include potential impacts of renewable energy adoption and economic shifts that may further influence Thailand's energy supply dynamics.