Price for Vegetables; Seed Potatoes, Fresh or Chilled in Thailand - 2024
Contents:
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in Thailand (CIF) - 2022
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in Thailand (FOB) - 2022
- Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Thailand
- Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Thailand
Price for Vegetables; Seed Potatoes, Fresh or Chilled in Thailand (CIF) - 2022
The average import price for vegetables; seed potatoes, fresh or chilleds stood at $909 per ton in 2022, increasing by 2.9% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 19%. The import price peaked at $952 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($931 per ton) and the UK ($927 per ton), while the price for Canada ($756 per ton) and the Netherlands ($773 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vegetables; Seed Potatoes, Fresh or Chilled in Thailand (FOB) - 2022
In 2022, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $1,163 per ton, picking up by 17% against the previous year. Over the period under review, the export price continues to indicate a measured increase. The most prominent rate of growth was recorded in 2018 an increase of 238% against the previous year. As a result, the export price reached the peak level of $2,265 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,777 per ton), while the average price for exports to Singapore ($689 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 Lao People's Democratic Republic (+1.8%), while the prices for the other major destinations experienced a decline.
Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Thailand
Imports of vegetables; seed potatoes, fresh or chilleds into Thailand surged to 8.4K tons in 2022, jumping by 18% compared with the previous year's figure. 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 recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetables; seed potatoes, fresh or chilleds surged to $7.6M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vegetables; Seed Potatoes, Fresh or Chilled in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 4.3 | 4.7 | 3.9 | 5.1 | 5.9% |
| Australia | 0.4 | 1.0 | 1.7 | 1.6 | 58.7% |
| Canada | 0.3 | 0.5 | 0.4 | 0.6 | 26.0% |
| Netherlands | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| United States | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 5.8 | 6.6 | 6.3 | 7.6 | 9.4% |
Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Thailand in 2022:
- United Kingdom (5.5K tons)
- Australia (1.7K tons)
- Canada (0.7K tons)
- Netherlands (0.3K tons)
Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Thailand
In 2022, after three years of growth, there was significant decline in shipments abroad of vegetables; seed potatoes, fresh or chilleds, when their volume decreased by -43.5% to 152 tons. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 706% against the previous year.
In value terms, exports of vegetables; seed potatoes, fresh or chilleds fell notably to $177K in 2022. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,502% against the previous year.
| Export of Vegetables; Seed Potatoes, Fresh or Chilled in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | N/A | 84.6 | 170 | 92.2 | 4.4% |
| Hong Kong SAR | 5.1 | 31.6 | 95.3 | 67.3 | 136.3% |
| Singapore | N/A | 3.0 | 3.3 | 17.4 | 140.8% |
| Others | 2.3 | N/A | N/A | 0.4 | -44.2% |
| Total | 7.4 | 119 | 268 | 177 | 188.1% |
Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Thailand in 2022:
- Sri Lanka (88.6 tons)
- Hong Kong SAR (37.9 tons)
- Singapore (25.2 tons)
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