Thailand - Green Beans - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Bean Price in Thailand - 2023
Contents:
- Green Bean Price in Thailand (FOB) - 2022
- Green Bean Price in Thailand (CIF) - 2022
- Green Bean Exports in Thailand
- Green Bean Imports in Thailand
Green Bean Price in Thailand (FOB) - 2022
In 2022, the average green bean export price amounted to $1,050 per ton, surging by 12% against the previous year. Over the period under review, the export price, however, saw a abrupt decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 16%. As a result, the export price reached the peak level of $2,998 per ton. From 2014 to 2022, the average export prices remained at a somewhat 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 Norway ($4,425 per ton), while the average price for exports to Lao People's Democratic Republic ($277 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 (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.
Green Bean Price in Thailand (CIF) - 2022
The average green bean import price stood at $813 per ton in 2022, reducing by -22.4% against the previous year. Overall, the import price showed a slight downturn. The most prominent rate of growth was recorded in 2019 an increase of 148% against the previous year. As a result, import price reached the peak level of $2,464 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($13,841 per ton), while the price for China totaled $327 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Green Bean Exports in Thailand
For the fourth consecutive year, Thailand recorded growth in overseas shipments of green beans, which increased by 97% to 649 tons in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, green bean exports surged to $682K in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Green Bean in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | 55.1 | 96.4 | 181 | 81.2% |
| Qatar | N/A | 0.1 | 1.0 | 134 | 3560.6% |
| Norway | 18.1 | 23.0 | 14.4 | 74.4 | 60.2% |
| Bahrain | 3.7 | 0.9 | 0.4 | 69.1 | 165.3% |
| Singapore | N/A | N/A | 12.8 | 20.5 | 60.2% |
| Lao People's Democratic Republic | 23.4 | 13.5 | 44.5 | 15.4 | -13.0% |
| South Korea | N/A | N/A | 45.1 | N/A | 0% |
| China | 8.5 | 40.7 | N/A | N/A | 378.8% |
| Others | 86.4 | 89.5 | 94.9 | 187 | 29.4% |
| Total | 140 | 223 | 310 | 682 | 69.5% |
Top Export Markets for Green Bean from Thailand in 2022:
- Myanmar (394.0 tons)
- Singapore (63.0 tons)
- Lao People's Democratic Republic (55.6 tons)
- Qatar (49.0 tons)
- Bahrain (18.2 tons)
- Norway (16.8 tons)
Green Bean Imports in Thailand
In 2022, the amount of green beans imported into Thailand was estimated at 32 tons, picking up by 14% against 2021 figures. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 29% against the previous year. As a result, imports reached the peak of 39 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, green bean imports declined to $26K in 2022. In general, imports, however, showed a precipitous shrinkage.
| Import of Green Bean in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 13.9 | 20.2 | 18.0 | 10.0 | -10.4% |
| China | 1.8 | 12.7 | 9.3 | 6.3 | 51.8% |
| Indonesia | 43.9 | N/A | N/A | N/A | 0% |
| Myanmar | 3.3 | N/A | N/A | N/A | 0% |
| Others | 11.2 | 4.0 | 2.4 | 9.9 | -4.0% |
| Total | 74.1 | 36.8 | 29.6 | 26.2 | -29.3% |
Top Suppliers of Green Bean to Thailand in 2022:
- China (19.4 tons)
- Australia (0.7 tons)
This report provides an in-depth analysis of the green bean 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 414 - Beans, green
- FCL 423 - String Beans
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
- 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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