Analyzing the forecasts for demersal fish demand in Thailand from 2024 to 2028 underlines a steady increase. The demand is projected to rise from 127.86 thousand metric tons in 2024 to 134.58 thousand metric tons by 2028. The year-on-year percentage variations for this period are: 2024-2025: 1.35%, 2025-2026: 1.31%, 2026-2027: 1.27%, and 2027-2028: 1.23%. Compared to the base of 2023, this suggests a consistent upward trajectory. The cumulative average growth rate (CAGR) for 2024-2028 is approximately 1.29%, indicating a stable but gradual increase in demand over these years.
Future trends to watch for include:
- Potential impact of changing dietary preferences on demand for demersal fish.
- Effects of regulatory changes on fishing quotas and sustainable fishing practices.
- Influence of economic factors such as disposable income and import-export balances on fish consumption.
- The role of advancements in aquaculture in meeting rising demand.
