The employment in Thailand's aquaculture sector (marine and inland) has seen a significant rise from 2013 to 2017, growing from 321.85 thousand persons to 509.23 thousand persons, with year-on-year growth rates peaking at 17.04% in 2013 and gradually decreasing to 10.13% in 2017. From 2018 onwards, the sector's employment has stabilized at 521.37 thousand persons, showing no year-on-year growth until 2023. The Compound Annual Growth Rate (CAGR) significantly dropped from the earlier years reaching 0 by 2023.
Future trends to watch for include:
- Potential technological advancements affecting employment dynamics.
- Regulatory changes impacting the aquaculture industry.
- Environmental factors influencing marine and inland aquaculture.
- Global market demands and their effect on the local employment scenario.
