Forecast: Distilled Alcoholic Beverages Export Volume in Thailand

The export volume of distilled alcoholic beverages in Thailand has shown a fluctuating trend over the past decade. In 2023, the export volume stood at 13.0 thousand metric tons, maintaining stable since 2021. The year-on-year variation in 2023 was 0%, with a CAGR of -1.47% over the last five years. The most significant year-on-year changes were seen in the years 2015, 2016, and 2017, with respective decreases of -6.67%, -7.14%, and -7.69%, followed by a notable increase of 16.67% in 2018. However, the overall trend since 2014 has been a gradual decline.

The future forecast indicates a continuing slight decline, with the export volume projected to decrease to 12.49 thousand metric tons by 2028. The forecasted 5-year CAGR is -0.58%, indicating a relatively slow downward trend. Watch for changes in global demand, trade policies, and economic conditions that could impact export volumes.