Thailand: Barley Market 2024

Barley Market Size in Thailand

After four years of growth, the Thai barley market decreased by X% to $X in 2022. In general, consumption, however, recorded resilient growth. Barley consumption peaked at $X in 2021, and then fell remarkably in the following year.

Barley Production in Thailand

In value terms, barley production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, posted a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

In 2022, the average yield of barley in Thailand contracted slightly to X tons per ha, remaining constant against 2021. In general, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X% against the previous year. Over the period under review, the average barley yield hit record highs at X tons per ha in 2021, and then contracted slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of barley were harvested in Thailand; with a decrease of X% compared with 2021 figures. Overall, the total harvested area indicated a strong expansion from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barley harvested area increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to barley production attained the peak figure at X ha in 2021, and then fell in the following year.

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Barley Exports

Exports from Thailand

In 2022, approx. X kg of barley were exported from Thailand; falling by X% against the previous year's figure. Over the period under review, exports showed a precipitous decline. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, barley exports shrank dramatically to $X in 2022. In general, exports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for barley exports from Thailand, with a X% share of total exports. It was followed by Maldives (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for barley exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by Maldives ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average barley export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price enjoyed a modest expansion. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Maldives stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (X%), while the prices for the other major destinations experienced mixed trend patterns.

Barley Imports

Imports into Thailand

In 2022, overseas purchases of barley decreased by X% to X tons, falling for the second year in a row after four years of growth. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, barley imports fell significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

In 2022, Australia (X tons) was the main supplier of barley to Thailand, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia amounted to X%.

In value terms, Australia ($X) constituted the largest supplier of barley to Thailand.

From 2012 to 2022, the average annual growth rate of value from Australia totaled X%.

Import Prices by Country

In 2022, the average barley import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a pronounced slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Source: IndexBox Platform

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