Thailand - Bread and Bakery Product - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBread and Bakery Price in Thailand - 2023
Contents:
- Bread and Bakery Price in Thailand (FOB) - 2022
- Bread and Bakery Price in Thailand (CIF) - 2022
- Bread and Bakery Exports in Thailand
- Bread and Bakery Imports in Thailand
Bread and Bakery Price in Thailand (FOB) - 2022
In 2022, the average bread and bakery export price amounted to $3,606 per ton, rising by 4.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $3,814 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,324 per ton), while the average price for exports to Malaysia ($1,484 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Bread and Bakery Price in Thailand (CIF) - 2022
The average bread and bakery import price stood at $3,722 per ton in 2022, picking up by 6.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 7.2%. The import price peaked at $3,931 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($8,271 per ton), while the price for Indonesia ($2,496 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Bread and Bakery Exports in Thailand
For the fourth year in a row, Thailand recorded growth in overseas shipments of bread and bakery, which increased by 4.5% to 157K tons in 2022. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, bread and bakery exports amounted to $567M in 2022. The total export value increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Bread and Bakery in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 65.1 | 72.2 | 85.7 | 95.0 | 13.4% |
| Australia | 54.2 | 49.9 | 49.2 | 47.8 | -4.1% |
| Lao People's Democratic Republic | 39.7 | 38.6 | 42.6 | 47.0 | 5.8% |
| Vietnam | 29.6 | 26.2 | 30.0 | 42.7 | 13.0% |
| Myanmar | 4.2 | 26.4 | 35.4 | 42.1 | 115.6% |
| Indonesia | 26.2 | 22.9 | 31.5 | 35.1 | 10.2% |
| Malaysia | 16.3 | 19.5 | 22.8 | 27.2 | 18.6% |
| Netherlands | 21.8 | 20.7 | 28.1 | 26.8 | 7.1% |
| Cambodia | 30.4 | 22.4 | 23.8 | 26.6 | -4.4% |
| China | 21.7 | 19.7 | 22.0 | 23.6 | 2.8% |
| Taiwan (Chinese) | 12.4 | 13.1 | 15.6 | 16.4 | 9.8% |
| Japan | 21.1 | 19.7 | 17.5 | 16.4 | -8.1% |
| Philippines | 15.4 | 13.8 | 11.0 | 13.2 | -5.0% |
| Others | 105 | 95.3 | 103 | 107 | 0.6% |
| Total | 463 | 460 | 518 | 567 | 7.0% |
Top Export Markets for Bread and Bakery from Thailand in 2022:
- Malaysia (18.3K tons)
- Lao People's Democratic Republic (17.1K tons)
- United States (15.0K tons)
- Myanmar (14.7K tons)
- Cambodia (11.3K tons)
- Indonesia (10.6K tons)
- Australia (10.4K tons)
- Vietnam (9.9K tons)
- Netherlands (8.9K tons)
- Philippines (5.0K tons)
- Japan (4.0K tons)
- China (3.9K tons)
- Taiwan (Chinese) (3.5K tons)
Bread and Bakery Imports in Thailand
For the fourth consecutive year, Thailand recorded growth in supplies from abroad of bread and bakery, which increased by 11% to 75K tons in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, bread and bakery imports skyrocketed to $277M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Bread and Bakery in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 71.1 | 77.5 | 78.3 | 84.9 | 6.1% |
| Indonesia | 48.2 | 52.1 | 62.9 | 84.4 | 20.5% |
| China | 11.8 | 17.2 | 31.4 | 32.5 | 40.2% |
| Vietnam | 7.5 | 8.6 | 7.8 | 12.1 | 17.3% |
| Japan | 7.2 | 7.2 | 8.4 | 10.3 | 12.7% |
| Others | 31.8 | 36.1 | 44.4 | 53.3 | 18.8% |
| Total | 177 | 199 | 233 | 277 | 16.1% |
Top Suppliers of Bread and Bakery to Thailand in 2022:
- Indonesia (33.8K tons)
- Malaysia (14.3K tons)
- China (9.8K tons)
- Vietnam (4.3K tons)
- Japan (1.2K tons)
This report provides an in-depth analysis of the bread and bakery market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10721130 - Crispbread
- Prodcom 10721230 - Gingerbread and the like
- Prodcom 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
- Prodcom 10721259 - Waffles and wafers (including salted) (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
- Prodcom 10721150 - Rusks, toasted bread and similar toasted products
- Prodcom 10711100 - Fresh bread containing by weight in the dry matter state . 5 % of sugars and . 5 % of fat (excluding with added honey, e ggs, cheese or fruit)
- Prodcom 10711200 - Cake and pastry products, other bakers
- Prodcom 10721910 - Matzos
- Prodcom 10721920 - Communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products
- Prodcom 10721940 - Biscuits (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa, sweet biscuits, waffles and wafers)
- Prodcom 10721950 - Savoury or salted extruded or expanded products
- Prodcom 10721990 - Bakersu2019 wares, no added sweetening (including crepes, pancakes, quiche, pizza; excluding sandwiches, crispbread, waffles, wafers, rusks, toasted, savoury or salted extruded/expanded products)
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the bread and bakery market in Thailand.
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This report provides an in-depth analysis of the waffle and wafer market in Thailand.
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This report provides an in-depth analysis of the market for gingerbread, sweet biscuit and waffle in Thailand.
359
This report provides an in-depth analysis of the market for crispbread, rusk and toasted bread in Thailand.
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This report provides an in-depth analysis of the sweet biscuit market in Thailand.
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This report provides an in-depth analysis of the market for rusks and toasted bread in Thailand.
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This report provides an in-depth analysis of the matzos market in Thailand.
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This report provides an in-depth analysis of the gingerbread market in Thailand.
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This report provides an in-depth analysis of the fresh bread market in Thailand.
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This report provides an in-depth analysis of the crispbread market in Thailand.
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Crispbread exports reached a peak of 46K tons in 2017 but struggled to regain momentum from 2018 to 2023. In terms of value, crispbread exports were at $138M in 2023.
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The Crispbread market saw significant growth in May 2023, with a month-to-month increase of 19%. However, in January 2024, crispbread exports decreased in value to $12M.
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The exports of Crispbread reached their highest point in September 2023, with a value of $13M.
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In February 2023, the price of crispbread per FOB ton from Thailand was $3,566, relatively unchanged from the previous month.
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Explore the top import markets for bread and bakery products, including the United States, United Kingdom, Germany, France, Canada, and more. Get key statistics and numbers on the global import trade.
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The global bread and bakery product market displayed very modest, but sustainable growth throughout the period under review, increasing from X tons in 2007, to X tons in 2016. Bread and bakery constitute staple food products, therefore their
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The global bread market showed steady growth, rising from X million tons in 2007, to X million tons in 2015.
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The global bread and bakery market earned total revenues of X billion USD in 2015, representing a compound annual growth rate (CAGR) of +X% from 2007 to 2015. However, in physical terms, the market showed more modest growth, annually rising by +X
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Global exports have posted steady growth over the last few years, with an average annual rate of +X%. In 2015, exports on the bakery product market expanded to X thousand tons. In value terms, this was X million USD, a decline of X% less
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In 2015, the value of total imports for bread and bakery products stood at X billion USD. In physical terms, the total volume of bread and bakery products reached X thousand tons in 2015, X thousand tons (X%) more than the previous year.
