Thailand: Chick Peas Market Overview 2021

Chick Peas Market Size in Thailand

In 2019, the Thai chick peas market decreased by -X% to $X, falling for the second consecutive year after nine years of growth. In general, consumption, however, showed a resilient increase. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Chick peas consumption peaked at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Chick Peas Production in Thailand

In value terms, chick peas production declined remarkably to $X in 2019 estimated in export prices. Over the period under review, production showed a dramatic curtailment. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2019, production failed to regain the momentum.

The average yield of chick peas in Thailand stood at X kg per ha in 2019, standing approx. at 2018. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The chick peas harvested area in Thailand stood at X ha in 2019, approximately reflecting 2018. In general, the harvested area recorded a relatively flat trend pattern.

Chick Peas Exports

Exports from Thailand

For the third consecutive year, Thailand recorded decline in shipments abroad of chick peas, which decreased by -X% to X tonnes in 2019. Overall, exports recorded a significant decline. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. From 2014 to 2019, the growth exports failed to regain the momentum.

In value terms, chick peas exports shrank significantly to $X in 2019. Over the period under review, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2008; however, from 2009 to 2019, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes), Israel (X tonnes) and Norway (X tonnes) were the main destinations of chick peas exports from Thailand, with a combined X% share of total exports. These countries were followed by the Philippines, which accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (+X% per year), while exports for the other leaders experienced mixed trend patterns.

In value terms, the U.S. ($X) remains the key foreign market for chick peas exports from Thailand, comprising X% of total exports. The second position in the ranking was occupied by Israel ($X), with a X% share of total exports. It was followed by Norway, with a X% share.

From 2007 to 2019, the average annual growth rate of value to the U.S. totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (-X% per year) and Norway (+X% per year).

Export Prices by Country

In 2019, the average chick peas export price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, the export price, however, continues to indicate a mild expansion. The growth pace was the most rapid in 2017 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2018, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Norway ($X per tonne), while the average price for exports to Israel ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Israel, while the prices for the other major destinations experienced a decline.

Chick Peas Imports

Imports into Thailand

In 2019, after four years of growth, there was significant decline in supplies from abroad of chick peas, when their volume decreased by -X% to X tonnes. Over the period under review, imports saw a noticeable setback. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, chick peas imports fell remarkably to $X in 2019. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Australia (X tonnes), India (X tonnes) and China (X tonnes) were the main suppliers of chick peas imports to Thailand, with a combined X% share of total imports. These countries were followed by Mexico, Myanmar, the U.S. and Canada, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), India ($X) and China ($X) appeared to be the largest chick peas suppliers to Thailand, with a combined X% share of total imports. These countries were followed by Mexico, the U.S., Myanmar and Canada, which together accounted for a further X the main suppliers, Canada (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average chick peas import price amounted to $X per tonne, reducing by -X% against the previous year. In general, import price indicated a temperate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, chick peas import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chick peas in the world?

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India (10M tonnes) remains the largest chick peas consuming country worldwide, comprising approx. 66% of total volume. Moreover, chick peas consumption in India exceeded the figures recorded by the second-largest consumer, Australia (873K tonnes), more than tenfold. Pakistan (855K tonnes) ranked third in terms of total consumption with a 5.5% share.

What are the largest producers of chick peas in the world?

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India (9.9M tonnes) remains the largest chick peas producing country worldwide, accounting for 64% of total volume. Moreover, chick peas production in India exceeded the figures recorded by the second-largest producer, Australia (1.3M tonnes), eightfold. The third position in this ranking was occupied by Turkey (630K tonnes), with a 4.1% share.

What are the leading suppliers of chick peas to Thailand?

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In value terms, Australia ($255K), India ($209K) and China ($37K) were the largest chick peas suppliers to Thailand, together comprising 88% of total imports. Mexico, the U.S., Myanmar and Canada lagged somewhat behind, together comprising a further 12%.

What are the leading importers of chick peas from Thailand?

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In value terms, the U.S. ($26K) remains the key foreign market for chick peas exports from Thailand, comprising 59% of total exports. The second position in the ranking was occupied by Israel ($13K), with a 29% share of total exports. It was followed by Norway, with a 7.1% share.

What is the average export price for chick peas in Thailand?

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The average chick peas export price stood at $1,040 per tonne in 2019, reducing by -14.7% against the previous year.

What is the average import price for chick peas in Thailand?

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In 2019, the average chick peas import price amounted to $940 per tonne, shrinking by -4.8% against the previous year.