Thailand - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Peas Price in Thailand - 2023
Contents:
- Dry Peas Price in Thailand (CIF) - 2022
- Dry Peas Price in Thailand (FOB) - 2022
- Dry Peas Imports in Thailand
- Dry Peas Exports in Thailand
Dry Peas Price in Thailand (CIF) - 2022
In 2022, the average dry peas import price amounted to $998 per ton, rising by 25% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dry peas import price increased by +75.5% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 49% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,446 per ton), while the price for Ukraine ($593 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Peas Price in Thailand (FOB) - 2022
In 2022, the average dry peas export price amounted to $8,300 per ton, with an increase of 273% against the previous year. Over the period under review, the export price saw a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($98,520 per ton), while the average price for exports to the UK ($568 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 Italy (+312.0%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Peas Imports in Thailand
In 2022, the amount of peas (dry) imported into Thailand rose markedly to 10K tons, increasing by 6.2% compared with the year before. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 7.8%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, dry peas imports surged to $10M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.1% 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 +77.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Dry Peas in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3.1 | 3.9 | 4.4 | 6.4 | 27.3% |
| New Zealand | 1.3 | 1.4 | 2.1 | 2.6 | 26.0% |
| United States | 0.7 | 0.9 | 0.9 | 1.0 | 12.6% |
| United Kingdom | 0.6 | 0.9 | 0.4 | 0.3 | -20.6% |
| Ukraine | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 5.9 | 7.2 | 7.9 | 10.5 | 21.2% |
Top Suppliers of Dry Peas to Thailand in 2022:
- Canada (6.7K tons)
- New Zealand (2.3K tons)
- United States (1.0K tons)
- Ukraine (0.2K tons)
- United Kingdom (0.2K tons)
Dry Peas Exports in Thailand
In 2022, the amount of peas (dry) exported from Thailand soared to 77 tons, surging by 406% compared with 2021. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, dry peas exports soared to $638K in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Dry Peas in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 483 | 0% |
| Netherlands | 3.1 | 6.5 | 2.1 | 34.0 | 122.2% |
| Canada | 10.6 | 17.3 | 12.4 | 15.0 | 12.3% |
| United Kingdom | N/A | N/A | N/A | 10.4 | 0% |
| Hong Kong SAR | 0.1 | 2.5 | N/A | 9.9 | 362.6% |
| United States | N/A | N/A | N/A | 6.3 | 0% |
| Oman | N/A | N/A | N/A | 3.5 | 0% |
| Cambodia | 8.8 | 7.5 | 1.6 | 1.7 | -42.2% |
| New Caledonia | 6.2 | 8.2 | 9.7 | N/A | 25.1% |
| Israel | 11.4 | 4.2 | 4.0 | N/A | -40.8% |
| Others | 16.5 | 20.2 | 3.9 | 74.8 | 65.5% |
| Total | 56.7 | 66.4 | 33.8 | 638 | 124.1% |
Top Export Markets for Dry Peas from Thailand in 2022:
- United Kingdom (18.2 tons)
- Netherlands (14.0 tons)
- Indonesia (11.8 tons)
- Hong Kong SAR (11.7 tons)
- Canada (6.2 tons)
- Oman (4.0 tons)
- United States (2.8 tons)
- Cambodia (1.9 tons)
This report provides an in-depth analysis of the dry 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 187 - 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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Global dry peas exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
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