Biomass consumption in Thailand was at 55.9 in 2023, showing consistent growth in recent years. Over the last two years, year-on-year growth has been about 0.54%. The five-year CAGR from 2018 to 2023 stood at 0.69%, indicating a stable but modest increase in consumption levels. The forecast shows an expected steady rise, reaching 57.31 by 2028, with a forecasted five-year CAGR of 0.4%.

Future trends to watch for:

Advancements in biomass technology and government policies may drive increased consumption.
Economic fluctuations and shifts in energy policy could impact biomass usage trends.
Monitoring sustainability initiatives and their influence on biomass adoption will be crucial.