Report Thailand - Cereal Grains - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Thailand - Cereal Grains - Market Analysis, Forecast, Size, Trends and Insights
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Thailand: Grain Market 2022

Grain Market Size in Thailand

The Thai grain market dropped to $X in 2021, stabilizing at the previous year. Overall, consumption recorded a pronounced slump. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Grain Production in Thailand

In value terms, grain production rose markedly to $X in 2021 estimated in export price. Overall, production continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 204%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

In 2021, the average grain yield in Thailand stood at X tons per ha, almost unchanged from the year before. In general, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by 3.7%. The grain yield peaked at X tons per ha in 2012; however, from 2013 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of cereal grains were harvested in Thailand; with a decrease of -2.8% on the previous year. Over the period under review, the harvested area saw a slight curtailment. The growth pace was the most rapid in 2016 when the harvested area increased by 7.9% against the previous year. The grain harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area remained at a lower figure.

Grain Exports

Exports from Thailand

In 2021, shipments abroad of cereal grains was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, recorded a mild descent. The growth pace was the most rapid in 2016 with an increase of 426% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, grain exports skyrocketed to $X in 2021. Overall, exports showed slight growth. The most prominent rate of growth was recorded in 2013 with an increase of 107%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The Philippines (X tons), Indonesia (X tons) and Pakistan (X tons) were the main destinations of grain exports from Thailand, with a combined 80% share of total exports. These countries were followed by Myanmar, Vietnam, Ecuador, Japan and China, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were in Ecuador (with a CAGR of +37.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), the Philippines ($X) and Myanmar ($X) were the largest markets for grain exported from Thailand worldwide, together accounting for 55% of total exports. Indonesia, Vietnam, Ecuador, Japan and China lagged somewhat behind, together accounting for a further 26%.

Among the main countries of destination, Ecuador, with a CAGR of +38.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average grain export price amounted to $X per ton, with a decrease of -60.3% against the previous year. In general, the export price, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 173%. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then fell dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Vietnam ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Grain Imports

Imports into Thailand

After two years of growth, overseas purchases of cereal grains decreased by -3.2% to X tons in 2021. In general, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2015 when imports increased by 192%. Imports peaked at X tons in 2020, and then reduced slightly in the following year.

In value terms, grain imports totaled $X in 2021. Overall, imports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of 133%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Australia (X tons), Myanmar (X tons) and the United States (X tons) were the main suppliers of grain imports to Thailand, with a combined 81% share of total imports.

From 2012 to 2021, the biggest increases were in Myanmar (with a CAGR of +120.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest grain suppliers to Thailand were Australia ($X), Myanmar ($X) and the United States ($X), with a combined 79% share of total imports.

Myanmar, with a CAGR of +104.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average grain import price stood at $X per ton in 2021, with an increase of 18% against the previous year. Overall, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2018 an increase of 46% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from the United States ($X per ton) and Canada ($X per ton), while the price for Myanmar ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for cereal grains in the world?
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China remains the largest grain consuming country worldwide, comprising approx. 22% of total volume. Moreover, grain consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was held by India, with an 11% share.
What are the largest producers of cereal grains in the world?
+
The countries with the highest volumes of production in 2021 were China, the United States and India, together comprising 46% of global production. These countries were followed by Russia, Brazil, Argentina, Indonesia, Ukraine, France, Canada, Bangladesh, Vietnam and Germany, which together accounted for a further 25%.
What are the leading suppliers of cereal grains to Thailand?
+
In value terms, the largest grain suppliers to Thailand were Australia, Myanmar and the United States, with a combined 79% share of total imports.
What are the leading importers of cereal grains from Thailand?
+
In value terms, the largest markets for grain exported from Thailand were Pakistan, the Philippines and Myanmar, with a combined 55% share of total exports. These countries were followed by Indonesia, Vietnam, Ecuador, Japan and China, which together accounted for a further 26%.
What is the average export price for cereal grains in Thailand?
+
In 2021, the average grain export price amounted to $912 per ton, reducing by -60.3% against the previous year.
What is the average import price for cereal grains in Thailand?
+
In 2021, the average grain import price amounted to $267 per ton, increasing by 18% against the previous year.

This report provides an in-depth analysis of the grain 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:
• FCL 108 - Cereals, nes
• FCL 103 - Mixed grain
• FCL 92 - Quinoa
• FCL 15 - Wheat
• FCL 71 - Rye
• FCL 44 - Barley
• FCL 75 - Oats
• FCL 56 - Maize
• FCL 27 - Rice, paddy
• FCL 83 - Sorghum
• FCL 89 - Buckwheat
• FCL 101 - Canary seed
• FCL 94 - Fonio
• FCL 97 - Triticale
• FCL 79 - Millet
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Area Harvested, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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