Page 17 - FoodFocusThailand No.226 January 2025

SPECIAL REPORT REPORT
SPECIAL

Thailand’s Food Industry Outlook:

Key Trends to Watch in 2025

Thailand’s food exports and imports vividly illustrate the immense potential of its food industry within
the global marketplace. In the first ten months of 2024, food exports soared to an impressive 1.4 trillion
baht with a growth rate of 6.7% and accounted for 15% of the nation’s total exports. This remarkable
performance was fueled by a diverse array of key products, including fresh, chilled, frozen, and dried fruits;
rice; chicken; canned and processed seafood; tapioca products; pet food; wheat products; ready-to-eat
foods; sugars and molasses; beverages; canned and processed fruits, as well as seasonings.

On the import side, Thailand’s food imports were valued Looking ahead, the forecast for Thailand’s food exports in
at 440 billion baht, an increase of 4% and accounted for 5% 2024 is optimistic, projected to reach 1.67 trillion baht with an
of total imports. The imported goods encompassed fresh, anticipated growth rate of 5-8%. Similarly, food imports are
chilled, frozen, processed, and semi-processed aquatic also expected to reach 1.67 trillion baht, growing at around
animals; grains; flours; fruits and fruit products; vegetables 5%. This positive outlook is supported by the recovery of trading
and vegetable products; meats; dairy products; coffee; tea; partners’ industrial sectors, accommodative monetary policies,
rice; flour products; and beverages. and increased demand for Thai agricultural and food exports
during the holiday and year-end tourist seasons. However,

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