Thailand - Rice Bran - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRice Bran Price in Thailand - 2023
Contents:
- Rice Bran Price in Thailand (FOB) - 2023
- Rice Bran Price in Thailand (CIF) - 2022
- Rice Bran Exports in Thailand
- Rice Bran Imports in Thailand
Rice Bran Price in Thailand (FOB) - 2023
The average rice bran export price stood at $303 per ton in July 2023, shrinking by -7.2% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 20% against the previous month. Over the period under review, the average export prices attained the maximum at $381 per ton in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In July 2023, the country with the highest price was Cambodia ($300 per ton), while the average price for exports to Lao People's Democratic Republic amounted to $293 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+0.8%), while the prices for the other major destinations experienced a decline.
Rice Bran Price in Thailand (CIF) - 2022
In 2022, the average rice bran import price amounted to $253 per ton, surging by 13% against the previous year. Overall, the import price, however, continues to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2014 an increase of 72%. As a result, import price attained the peak level of $4,824 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 Japan ($1,006 per ton), while the price for Cambodia amounted to $178 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+0.1%), while the prices for the other major suppliers experienced a decline.
Rice Bran Exports in Thailand
In 2022, the amount of rice bran exported from Thailand soared to 21K tons, growing by 105% on 2021 figures. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 274%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, rice bran exports soared to $6.6M in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 262% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Rice Bran in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 26.4 | 440 | 1,911 | 3,697 | 419.3% |
| Lao People's Democratic Republic | 741 | 37.4 | 678 | 1,925 | 37.5% |
| China | 0.3 | 4.1 | N/A | 288 | 886.5% |
| Vietnam | 173 | 190 | 164 | 193 | 3.7% |
| Others | 242 | 351 | 943 | 476 | 25.3% |
| Total | 1,183 | 1,022 | 3,695 | 6,578 | 77.2% |
Top Export Markets for Rice Bran from Thailand in 2022:
- Cambodia (11.6K tons)
- Lao People's Democratic Republic (7.0K tons)
- Vietnam (1.1K tons)
- China (0.8K tons)
Rice Bran Imports in Thailand
In 2022, overseas purchases of rice bran decreased by -67.5% to 3.7K tons, falling for the second year in a row after two years of growth. Overall, imports faced a sharp shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 95% against the previous year. As a result, imports reached the peak of 24K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, rice bran imports dropped markedly to $928K in 2022. Over the period under review, imports faced a dramatic curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 105% against the previous year. As a result, imports reached the peak of $5M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Rice Bran in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 2.3 | 2.8 | 1.3 | 0.6 | -36.1% |
| Japan | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Myanmar | N/A | 2.0 | 1.0 | N/A | -50.0% |
| Others | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Total | 2.4 | 5.0 | 2.5 | 0.9 | -27.9% |
Top Suppliers of Rice Bran to Thailand in 2022:
- Cambodia (3.5K tons)
- Japan (0.1K tons)
This report provides an in-depth analysis of the rice bran 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:
- Prodcom 10614030 - Bran, sharps and other residues from the sifting, milling or other working of rice
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
- 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 VOLUME AND VALUE
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
- 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
- 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
723
This report provides an in-depth analysis of the rice bran market in Thailand.
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723
This report provides an in-depth analysis of the rice bran market in Thailand.
440
This report provides an in-depth analysis of the maize bran market in Thailand.
561
This report provides an in-depth analysis of the wheat bran market in Thailand.
1270
This report provides an in-depth analysis of the global rice bran market.
799
In value terms, bran, sharps and other residues; exports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value increased at an average annual ra...
924
In 2020, total wheat bran imports stood at 6.6M tons or $1.1B in value terms, remaining stable against the previous year. Turkey is the largest wheat bran importer, accounting for 24% of global imports. Turkey, China, the Netherlands and Saudi Arabia increased their imports while supplies to Vietnam, Germany, Canada, South Africa and Thailand declined in 2020. China emerged as the fastest-growing importer. The average wheat bran import price rose by +4.8% y-o-y to $174 per ton last year. Russia, Indonesia and Germany constitute key wheat bran suppliers worldwide.
799
In value terms, bran, sharps and other residues; exports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value increased at an average annual ra...
924
In 2020, total wheat bran imports stood at 6.6M tons or $1.1B in value terms, remaining stable against the previous year. Turkey is the largest wheat bran importer, accounting for 24% of global imports. Turkey, China, the Netherlands and Saudi Arabia increased their imports while supplies to Vietnam, Germany, Canada, South Africa and Thailand declined in 2020. China emerged as the fastest-growing importer. The average wheat bran import price rose by +4.8% y-o-y to $174 per ton last year. Russia, Indonesia and Germany constitute key wheat bran suppliers worldwide.
