The forecast for the olive oil market size volume per capita in Thailand reveals a stabilization with slight incremental growth from 2024 to 2028. Starting at 0.071 kilograms per capita in 2024, the volume remains constant through 2025, then increases slightly to 0.072 in 2026, followed by another minor increase to 0.073 in 2027, and stabilizes at 0.073 by 2028. This steady growth is indicative of increasing but gradual acceptance of olive oil in the Thai market. The year-on-year variation over the last two years shows a minimal upward trend of around 1.4%, while the last CAGR suggests an average variation of less than 1% per year over the five-year period.
Future trends to watch for include the impact of health and wellness trends on olive oil consumption, potential shifts in import policies, and the influence of culinary preferences on demand. Understanding these factors could provide insights into any significant future changes in market dynamics.
