Latest Report Update: Dec 28, 2019

Thailand - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights
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Thailand: Beef Market Overview 2020

Beef Market Size in Thailand

The revenue of the beef market in Thailand amounted to $X in 2018, dropping by -X% against the previous year. Over the period under review, beef consumption continues to indicate a temperate setback. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Beef consumption peaked at $X in 2017, and then declined slightly in the following year.

Beef Production in Thailand

In value terms, beef production totaled $X in 2018 estimated in export prices. Over the period under review, beef production continues to indicate a measured decrease. The most prominent rate of growth was recorded in 2010 when production volume increased by X% y-o-y. Beef production peaked at $X in 2017, and then declined slightly in the following year.

Beef Exports

Exports from Thailand

In 2018, the beef exports from Thailand stood at X tonnes, increasing by X% against the previous year. Over the period under review, beef exports, however, continue to indicate a deep drop. The growth pace was the most rapid in 2009 when exports increased by X% against the previous year. In that year, beef exports reached their peak of X tonnes. From 2010 to 2018, the growth of beef exports remained at a lower figure.

In value terms, beef exports totaled $X in 2018. In general, beef exports, however, continue to indicate a drastic drop. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. In that year, beef exports attained their peak of $X. From 2010 to 2018, the growth of beef exports remained at a lower figure.

Exports by Country

Lao People's Democratic Republic (X tonnes) was the main destination for beef exports from Thailand, with a X% share of total exports. Moreover, beef exports to Lao People's Democratic Republic exceeded the volume sent to the second major destination, Japan (X tonnes), threefold. France (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Lao People's Democratic Republic totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and France (+X% per year).

In value terms, Lao People's Democratic Republic ($X), Japan ($X) and France ($X) constituted the largest markets for beef exported from Thailand worldwide, together accounting for X% of total exports.

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

Export Prices by Country

The average beef export price stood at $X per tonne in 2018, falling by -X% against the previous year. In general, the beef export price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% y-o-y. In that year, the average export prices for beef (cattle meat) reached their peak level of $X per tonne, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Ireland ($X per tonne), while the average price for exports to Singapore ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, Hong Kong SAR, while the prices for the other major destinations experienced mixed trend patterns.

Beef Imports

Imports into Thailand

Beef imports into Thailand stood at X tonnes in 2018, going down by -X% against the previous year. Over the period under review, beef imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, beef imports totaled $X in 2018. Over the period under review, beef imports, however, continue to indicate outstanding growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2016; however, from 2017 to 2018, imports remained at a lower figure.

Imports by Country

Australia (X tonnes), India (X tonnes) and New Zealand (X tonnes) were the main suppliers of beef imports to Thailand, together comprising X% of total imports. These countries were followed by Japan, Nepal, the U.S. and South Africa, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of beef to Thailand, comprising X% of total beef imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Australia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and New Zealand (+X% per year).

Import Prices by Country

In 2018, the average beef import price amounted to $X per tonne, increasing by X% against the previous year. Overall, the import price indicated a measured expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. In that year, the average import prices for beef (cattle meat) reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for beef (cattle meat) remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Nepal ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• FCL 947 - Buffalo meat
• FCL 867 - Meat of cattle

This report provides an in-depth analysis of the beef 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.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Producing Animals Slaughtered, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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