Analyzing the forecast for pelagic fish export volume in Thailand from 2024 to 2028 reveals a consistent downward trend. In 2023, the actual export volume stood at approximately 950 thousand metric tons.
- From 2024 to 2025, the export volume is expected to decrease by 3.22%.
- From 2025 to 2026, another decline of 3.25% is anticipated.
- From 2026 to 2027, the volume is projected to further reduce by 3.30%.
- From 2027 to 2028, the forecast indicates a decrease of 3.34%.
Over the period from 2023 to 2028, the compound annual growth rate (CAGR) is thus projected to decline on average by approximately 3.28% per year.
Future trends to watch for include potential impacts of climate change on fish populations, regulatory changes in major export markets, and advancements in aquaculture technology that could influence supply and demand dynamics in the pelagic fish market.
