Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Thailand - 2024
Contents:
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Thailand (CIF) - 2024
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Thailand (FOB) - 2024
- Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Thailand
- Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Thailand
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Thailand (CIF) - 2024
The average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $1,130 per ton in January 2024, falling by -6.2% against the previous month. In general, the import price showed a abrupt decrease. The growth pace was the most rapid in November 2023 an increase of 45% m-o-m. The import price peaked at $2,098 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to -5.0% per month.
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Thailand (FOB) - 2024
In January 2024, the average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds amounted to $1,731 per ton, waning by -7.3% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 26% against the previous month. The export price peaked at $1,915 per ton in November 2023; however, from December 2023 to January 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was the UK ($5,232 per ton), while the average price for exports to Myanmar ($516 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Thailand
In 2022, approx. 6.5K tons of leguminous vegetables; shelled or unshelled, fresh or chilleds were imported into Thailand; increasing by 15% compared with 2021 figures. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years.
In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds soared to $5.4M in 2022. Overall, 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 Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 3.2 | 3.2 | 5.3 | 30.2% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 2.6 | 3.3 | 3.3 | 5.4 | 27.6% |
Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Thailand in 2022:
- China (6.4K tons)
Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Thailand
For the fourth year in a row, Thailand recorded growth in overseas shipments of leguminous vegetables; shelled or unshelled, fresh or chilleds, which increased by 93% to 2.2K tons in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds soared to $2.8M in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 178 | 4.1 | 115 | 886 | 70.7% |
| Singapore | 585 | 859 | 613 | 516 | -4.1% |
| United States | 43.4 | 39.3 | 128 | 245 | 78.1% |
| Japan | 316 | 163 | 192 | 210 | -12.7% |
| Myanmar | N/A | 55.6 | 103 | 188 | 83.9% |
| South Korea | 0.4 | 5.6 | 79.8 | 92.8 | 514.5% |
| Lao People's Democratic Republic | 25.6 | 13.8 | 52.8 | 20.5 | -7.1% |
| Others | 206 | 239 | 154 | 615 | 44.0% |
| Total | 1,354 | 1,380 | 1,438 | 2,774 | 27.0% |
Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Thailand in 2022:
- Taiwan (Chinese) (719.3 tons)
- Myanmar (440.1 tons)
- Singapore (428.8 tons)
- Japan (154.3 tons)
- United States (129.4 tons)
- Lao People's Democratic Republic (70.1 tons)
- South Korea (48.5 tons)
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