Thailand - Chick Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChick Peas Price in Thailand - 2023
Contents:
- Chick Peas Price in Thailand (CIF) - 2023
- Chick Peas Price in Thailand (FOB) - 2022
- Chick Peas Imports in Thailand
- Chick Peas Exports in Thailand
Chick Peas Price in Thailand (CIF) - 2023
In September 2023, the average chick peas import price amounted to $1,324 per ton, shrinking by -9.5% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 40% month-to-month. Over the period under review, average import prices hit record highs at $1,585 per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,552 per ton), while the price for India ($1,140 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Australia (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Chick Peas Price in Thailand (FOB) - 2022
The average chick peas export price stood at $1,963 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the export price showed a buoyant increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 90%. As a result, the export price attained the peak level of $3,163 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guam ($2,269 per ton), while the average price for exports to Fiji ($1,186 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 the Netherlands (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.
Chick Peas Imports in Thailand
In 2022, imports of chick peas into Thailand skyrocketed to 1.2K tons, rising by 125% compared with the previous year's figure. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, chick peas imports skyrocketed to $1.3M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chick Peas in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 209 | 309 | 274 | 846 | 59.4% |
| Australia | 255 | 233 | 239 | 382 | 14.4% |
| China | 37.4 | 65.5 | 49.6 | 67.3 | 21.6% |
| Others | 69.1 | 18.2 | 26.7 | 34.1 | -21.0% |
| Total | 570 | 626 | 590 | 1,330 | 32.6% |
Top Suppliers of Chick Peas to Thailand in 2022:
- India (822.5 tons)
- Australia (307.6 tons)
- China (38.6 tons)
Chick Peas Exports in Thailand
For the fourth year in a row, Thailand recorded growth in shipments abroad of chick peas, which increased by 6.6% to 12 tons in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 88%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, chick peas exports skyrocketed to $23K in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 212% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Chick Peas in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guam | N/A | N/A | N/A | 15.8 | 0% |
| Fiji | N/A | N/A | N/A | 3.6 | 0% |
| Netherlands | N/A | N/A | 16.9 | 3.5 | -79.3% |
| United Kingdom | N/A | N/A | 2.6 | 0.5 | -80.8% |
| Australia | N/A | 1.5 | N/A | N/A | 0% |
| United States | 1.6 | 1.5 | N/A | N/A | -6.3% |
| Canada | 0.8 | 1.2 | N/A | N/A | 50.0% |
| Others | 0.8 | 2.0 | 0.2 | N/A | -50.0% |
| Total | 3.2 | 6.3 | 19.7 | 23.3 | 93.8% |
Top Export Markets for Chick Peas from Thailand in 2022:
- Guam (7.0 tons)
- Fiji (3.0 tons)
- Netherlands (1.6 tons)
- United Kingdom (0.3 tons)
This report provides an in-depth analysis of the chick peas 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:
- FCL 191 - Chick-peas, dry
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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