| Product Code: ETC9680472 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for the cannabis market experienced a significant decline from 2023 to 2024, with a growth rate of -85.71%. The compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at -60.72%. This steep decrease could be attributed to regulatory changes impacting import volumes or shifts in domestic production capabilities.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Cannabis Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cannabis Market Revenues & Volume, 2022 & 2032F |
3.3 Thailand Cannabis Market - Industry Life Cycle |
3.4 Thailand Cannabis Market - Porter's Five Forces |
3.5 Thailand Cannabis Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Thailand Cannabis Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Thailand Cannabis Market Revenues & Volume Share, By Compound Type, 2022 & 2032F |
4 Thailand Cannabis Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing acceptance of medical cannabis in Thailand |
4.2.2 Growing awareness about the potential health benefits of cannabis |
4.2.3 Favorable government regulations and policies supporting the cannabis industry |
4.3 Market Restraints |
4.3.1 Regulatory challenges and evolving legal framework |
4.3.2 Limited research and development activities in the cannabis sector |
4.3.3 Stigma associated with cannabis consumption in certain segments of society |
5 Thailand Cannabis Market Trends |
6 Thailand Cannabis Market, By Types |
6.1 Thailand Cannabis Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cannabis Market Revenues & Volume, By Product Type, 2022-2032F |
6.1.3 Thailand Cannabis Market Revenues & Volume, By Capsules, 2022-2032F |
6.1.4 Thailand Cannabis Market Revenues & Volume, By Concentrates, 2022-2032F |
6.1.5 Thailand Cannabis Market Revenues & Volume, By Edibles, 2022-2032F |
6.1.6 Thailand Cannabis Market Revenues & Volume, By Other Product Types, 2022-2032F |
6.2 Thailand Cannabis Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cannabis Market Revenues & Volume, By Medical, 2022-2032F |
6.2.3 Thailand Cannabis Market Revenues & Volume, By Recreational, 2022-2032F |
6.3 Thailand Cannabis Market, By Compound Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Cannabis Market Revenues & Volume, By Tetrahydrocannabinol (THC), 2022-2032F |
6.3.3 Thailand Cannabis Market Revenues & Volume, By Cannabidiol (CBD), 2022-2032F |
6.3.4 Thailand Cannabis Market Revenues & Volume, By Balanced THC & CBD, 2022-2032F |
7 Thailand Cannabis Market Import-Export Trade Statistics |
7.1 Thailand Cannabis Market Export to Major Countries |
7.2 Thailand Cannabis Market Imports from Major Countries |
8 Thailand Cannabis Market Key Performance Indicators |
8.1 Number of medical professionals prescribing cannabis-based products |
8.2 Investment inflow into the Thai cannabis industry |
8.3 Number of clinical trials and research studies on cannabis conducted in Thailand |
9 Thailand Cannabis Market - Opportunity Assessment |
9.1 Thailand Cannabis Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Thailand Cannabis Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Thailand Cannabis Market Opportunity Assessment, By Compound Type, 2022 & 2032F |
10 Thailand Cannabis Market - Competitive Landscape |
10.1 Thailand Cannabis Market Revenue Share, By Companies, 2025 |
10.2 Thailand Cannabis Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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