Based on the forecasted data, the onions market volume in Thailand is projected to grow steadily from 100.0 thousand metric tons in 2024 to 105.0 thousand metric tons in 2028. The year-on-year variation from 2024 to 2025 is 2%, from 2025 to 2026 is 0.98%, from 2026 to 2027 is 0.97%, and from 2027 to 2028 is 0.96%. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 0.99%.
For future trends, watch for:
- Economic factors impacting consumer purchasing power and onion demand.
- Changes in agricultural practices and technology affecting yield.
- Government policies on agricultural imports and exports.
- Climate change and its potential impact on harvests.
- Shifts in consumer preferences and dietary trends.
