Thailand Squid Market (2026-2032) Outlook | Growth, Analysis, Share, Trends, Industry, Revenue, Companies, Size, Forecast & Value

Name: Thailand Squid Market | Volume, Growth & Share 2032
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Thailand Squid Market, Thailand Squid Market Forecast , Thailand Squid Market Outlook, Thailand Squid Market Trends, Thailand Squid Market Analysis, Thailand Squid Market Growth, Thailand Squid Market Size, Thailand Squid Market Share, Thailand Squid Market Volume

Market Forecast By Products (Fresh, Frozen, Prepared) And Competitive Landscape

Product Code: ETC387925	Publication Date: Aug 2022	Updated Date: Mar 2026	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Thailand Squid Market: Import Trend Analysis

Thailand import trend for squid in 2024 experienced a decline, with a growth rate of -4.07% compared to the previous year. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 1.6%. This negative momentum in 2024 could be attributed to shifting consumer preferences, changes in trade policies, or market saturation, impacting the demand for squid imports in Thailand.

Thailand Squid Market: Import Trend Analysis

Squid Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

By 2027, Thailand's Squid market is forecasted to achieve a stable growth rate of 4.40%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

Squid Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand Squid Market Synopsis

The squid market in Thailand is substantial, with squid being a staple in Thai cuisine and a key export product. Thai squid fisheries are renowned for their production of high-quality squid, which is used in various dishes, including stir-fries, curries, and salads. The market is characterized by both fresh and processed squid products, catering to diverse consumer preferences and culinary traditions.

Drivers of the Market

The Thailand squid market has witnessed substantial growth in recent years, primarily driven by several key factors. Squid, a versatile and widely consumed seafood, has gained popularity among both domestic and international consumers. One of the primary drivers of this market is the abundant availability of squid in Thai waters, which ensures a steady supply of raw material. Thailand well-established fishing industry, coupled with modern processing facilities, has enabled efficient squid production and distribution. Furthermore, the global demand for squid-based products, including calamari and various seafood dishes, has contributed to the market`s growth. Thailand reputation for high-quality squid products, along with its export-friendly policies and trade agreements, has opened up opportunities in international markets, particularly in Asia and Europe. The government`s support for sustainable fishing practices and seafood processing has also played a crucial role in the squid market`s expansion.

Challenges of the Market

The Thailand squid market faces diverse challenges. Sustainability concerns and regulations around squid fishing practices require adaptation and innovation in the industry. Variability in squid catches due to environmental factors can lead to supply uncertainties and price fluctuations. Market volatility in key export destinations, like Japan and the United States, can pose risks to businesses. Additionally, competition from other seafood products and potential shifts in consumer preferences can impact the demand for squid.

COVID-19 Impact on the Market

The Thailand squid market experienced disruptions due to the pandemic`s impact on international trade. Squid exports were hampered by restrictions on international shipping and lower demand from global markets. Domestically, the closure of restaurants and street food stalls affected squid consumption. Processors had to diversify their product offerings and explore new distribution channels to survive. Safety protocols were strictly enforced in processing facilities to protect workers.

Key Players in the Market

The Thailand squid market is characterized by several key players that dominate the industry. Squid Catchers Thailand Co., Ltd. is a leading company known for its squid fishing and processing operations. Their commitment to sustainable fishing practices and stringent quality control measures has helped them maintain a strong market presence. Additionally, Thai Squid Producers Group, with its vertically integrated approach to squid production, from fishing to processing and distribution, has also gained prominence in the market. These key players, along with others, play a crucial role in shaping the Thailand squid market, which continues to see steady growth due to the popularity of squid in various cuisines.

Key Highlights of the Report:

Thailand Squid Market Outlook
Market Size of Thailand Squid Market, 2025
Forecast of Thailand Squid Market, 2032
Historical Data and Forecast of Thailand Squid Revenues & Volume for the Period 2022-2032F
Thailand Squid Market Trend Evolution
Thailand Squid Market Drivers and Challenges
Thailand Squid Price Trends
Thailand Squid Porter's Five Forces
Thailand Squid Industry Life Cycle
Historical Data and Forecast of Thailand Squid Market Revenues & Volume By Products for the Period 2022-2032F
Historical Data and Forecast of Thailand Squid Market Revenues & Volume By Fresh for the Period 2022-2032F
Historical Data and Forecast of Thailand Squid Market Revenues & Volume By Frozen for the Period 2022-2032F
Historical Data and Forecast of Thailand Squid Market Revenues & Volume By Prepared for the Period 2022-2032F
Thailand Squid Import Export Trade Statistics
Market Opportunity Assessment By Products
Thailand Squid Top Companies Market Share
Thailand Squid Competitive Benchmarking By Technical and Operational Parameters
Thailand Squid Company Profiles
Thailand Squid Key Strategic Recommendations

Thailand Squid Market (2026-2032): FAQs

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Export potential assessment - trade Analytics for 2030

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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