In 2023, Thailand's oilseeds import volume stood at 3.56 million metric tons. Forecasted volumes from 2024 to 2028 show a consistent upward trend, increasing from 3.63 million metric tons in 2024 to 3.9 million metric tons in 2028.
Year-on-year variations:
• 2024: +1.97%
• 2025: +1.93%
• 2026: +1.89%
• 2027: +1.86%
• 2028: +1.56%
The forecasted average annual Compound Annual Growth Rate (CAGR) from 2024 to 2028 is 1.84%.
Future trends to watch for include the impact of climate change on global oilseed production, policy changes affecting import tariffs, and shifts in domestic agricultural practices and consumption patterns.
