Thailand: Beef Market 2020

Beef Market Size in Thailand

The revenue of the beef market in Thailand amounted to $X in 2017, approximately mirroring the previous year. In general, beef consumption continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. In that year, the beef market attained their peak level of $X. From 2014 to 2017, growth of the beef market failed to regain its momentum.

Beef Production in Thailand

Beef production in Thailand stood at X kg in 2017, therefore, remained relatively stable against the previous year. In general, beef production continues to indicate a relatively flat trend pattern. Beef output in Thailand indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the producing animals and a drastic decline in yield figures.

In 2017, average yield of beef (cattle meat) in Thailand stood at X kg per head, coming down by -X% against the previous year. In general, beef yield continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2011, when yield increased by X% year-to-year. Thailand beef yield peaked of X kg per head in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In 2017, producing animals of beef (cattle meat) in Thailand amounted to X head, reducing by -X% against the previous year. Overall, beef producing animals continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2012, when it surged by X% y-o-y. In that year, this number attained their peak figure of X heads. From 2013 to 2017, growth of this number stood at a somewhat lower level.

Beef Exports from Thailand

In 2017, exports of beef (cattle meat) from Thailand amounted to X tons, shrinking by -X% against the previous year. In general, beef exports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2015, with an increase of -X% against the previous year. Thailand exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, beef exports stood at $X in 2017. In general, beef exports continue to indicate a dramatic decline. Thailand exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Beef Exports by Country from Thailand

India (X tons), Brazil (X tons), Australia (X tons) and the U.S. (X tons) represented roughly X% of total exports of beef (cattle meat) in 2017. The Netherlands (X tons), New Zealand (X tons), Poland (X tons), Ireland (X tons), Paraguay (X tons), Canada (X tons), Uruguay (X tons) and Argentina (X tons) occupied the minor share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest beef markets worldwide were the U.S. ($X), Australia ($X) and Brazil ($X), with a combined X% share of total exports. These countries were followed by India, the Netherlands, Ireland, New Zealand, Canada, Poland, Uruguay, Argentina, Paraguay and Thailand, which together accounted for a further X%.

India (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Beef Export Prices by Country in Thailand

The beef export price in Thailand stood at $X per ton in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017, an increase of X% year-to-year. In that year, the export prices for beef (cattle meat) attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the U.S. ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Beef Imports into Thailand

In 2017, approx. X tons of beef (cattle meat) were imported into Thailand; coming up by X% against the previous year. In general, beef imports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the beef imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, beef imports totaled $X in 2017. In general, beef imports continue to indicate an outstanding increase. In that year, the beef imports attained their peak level, and are likely to continue its growth in the immediate term.

Beef Imports by Country into Thailand

The imports of the twelve major importers of beef (cattle meat), namely the U.S., Vietnam, China, Japan, China, Hong Kong SAR, Italy, South Korea, the Netherlands, Germany, Egypt, Russia and the UK, represented more than half of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest beef markets worldwide were the U.S. ($X), China ($X) and Japan ($X), together accounting for X% of total imports. Vietnam, South Korea, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, Russia, Egypt and Thailand lagged somewhat behind, together accounting for a further X%.

Among the main importing countries , Vietnam (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Beef Import Prices by Country in Thailand

In 2017, the beef import price in Thailand amounted to $X per ton, dropping by -X% against the previous year. Overall, beef import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. In that year, the import prices for beef (cattle meat) reached their peak level of $X per ton, and then declined slightly in the following year.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform