Thailand - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Peas Price in Thailand - 2023
Contents:
- Green Peas Price in Thailand (CIF) - 2023
- Green Peas Price in Thailand (FOB) - 2023
- Green Peas Imports in Thailand
- Green Peas Exports in Thailand
Green Peas Price in Thailand (CIF) - 2023
The average green peas import price stood at $794 per ton in September 2023, shrinking by -15.5% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 63% against the previous month. As a result, import price reached the peak level of $2,128 per ton. From February 2023 to September 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -0.3% per month.
Green Peas Price in Thailand (FOB) - 2023
The average green peas export price stood at $1,440 per ton in September 2023, with a decrease of -2.2% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 301% m-o-m. Over the period under review, the average export prices reached the peak figure at $2,963 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In September 2023, the highest price was recorded for prices to India ($1,877 per ton) and Taiwan (Chinese) ($1,427 per ton), while the average price for exports to Myanmar ($1,304 per ton) and Japan ($1,415 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Green Peas Imports in Thailand
In 2022, the amount of peas (green) imported into Thailand expanded rapidly to 6.3K tons, growing by 12% on the previous year's figure. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 15%. As a result, imports reached the peak of 6.7K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, green peas imports soared to $5.3M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Green Peas in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.4 | 3.2 | 3.2 | 5.3 | 30.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.4 | 3.2 | 3.2 | 5.3 | 30.2% |
Top Suppliers of Green Peas to Thailand in 2022:
- China (6.3K tons)
Green Peas Exports in Thailand
In 2022, green peas exports from Thailand soared to 910 tons, jumping by 357% against the year before. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, green peas exports surged to $1.1M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Green Peas in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 164 | N/A | 111 | 885 | 75.4% |
Japan | 328 | 160 | 188 | 207 | -14.2% |
Cambodia | N/A | N/A | N/A | 22.0 | 0% |
Others | 33.5 | 18.5 | 19.9 | 32.2 | -1.3% |
Total | 525 | 178 | 320 | 1,146 | 29.7% |
Top Export Markets for Green Peas from Thailand in 2022:
- Taiwan (Chinese) (721.9 tons)
- Japan (154.6 tons)
- Cambodia (15.0 tons)
This report provides an in-depth analysis of the green 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 417 - Peas, green
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
This report provides an in-depth analysis of the green peas market in Thailand.
This report provides an in-depth analysis of the green bean market in Thailand.
This report provides an in-depth analysis of the global green peas market.
This report provides an in-depth analysis of the global green bean market.
This report provides an in-depth analysis of the green peas market in Thailand.
This report provides an in-depth analysis of the green bean market in Thailand.
This report provides an in-depth analysis of the global green peas market.
This report provides an in-depth analysis of the global green bean market.
The growth of Green Peas was extremely rapid in February 2023, with a remarkable 100% month-to-month increase. As for the value, imports of Green Peas surged to $544K in November 2023.
The rate of growth in the import of Green Peas was the highest in February 2023, with a 100% increase compared to the previous month. The value of Green Peas imports decreased to $430K in September 2023.
Global green peas consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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Global green peas imports amounted to X thousand tons in 2015, waning by -X% against the previous year level.
In 2015, the country with the largest volume of the green peas output was China (X thousand tons), accounting for X% of global production.
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