The import of dried apples to Thailand has seen considerable fluctuations over the last decade. After a peak in 2015, imports dropped significantly in 2016 and 2017, then gradually recovered. From 2021 to 2023, imports increased steadily, with year-on-year variations of 9.5%, 3.79%, and 3.58% respectively. In 2023, the import value stood at 194.66 thousand USD. The Compound Annual Growth Rate (CAGR) over the last five years is 4.15%. Future forecasts from 2024 to 2028 suggest a moderate growth trend with a forecasted 5-year CAGR of 2.61%, culminating in an expected value of 229.81 thousand USD in 2028.
Future trends to watch for:
- Potential impacts of global trade policies on import costs and sourcing.
- Changes in consumer preferences toward dried fruit products.
- Technological advancements in preservation and transportation.
- Emerging market dynamics and competition from other dried fruit imports.
