Thailand: Leek Market 2022

Leek Market Size in Thailand

The Thai leek market surged to $X in 2021, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Leek Production in Thailand

In value terms, leek production rose notably to $X in 2021 estimated in export price. In general, the total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

In 2021, the average yield of leeks and other alliaceous vegetables in Thailand totaled less than X kg per ha, standing approx. at the previous year's figure. Over the period under review, the yield recorded 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.

In 2021, approx. less than X ha of leeks and other alliaceous vegetables were harvested in Thailand; almost unchanged from the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Leek Exports

Exports from Thailand

In 2021, leek exports from Thailand totaled X tons, surging by X% on 2020. In general, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, leek exports dropped notably to $X in 2021. Overall, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2020, and then reduced rapidly in the following year.

Exports by Country

Lao People's Democratic Republic (X tons), Malaysia (X tons) and Japan (X tons) were the main destinations of leek exports from Thailand, together comprising X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Lao People's Democratic Republic ($X), the United States ($X) and Japan ($X) appeared to be the largest markets for leek exported from Thailand worldwide, together accounting for X% of total exports. These countries were followed by Malaysia, Myanmar and South Korea, which together accounted for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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 leek export price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the export price, however, enjoyed tangible growth. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Malaysia ($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 Myanmar (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Leek Imports

Imports into Thailand

In 2021, imports of leeks and other alliaceous vegetables into Thailand surged to X tons, with an increase of X% against the year before. In general, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, leek imports surged to $X in 2021. Over the period under review, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of leek to Thailand, accounting for a X% share of total imports. Moreover, leek imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from India totaled +X%.

In value terms, India ($X) constituted the largest supplier of leek to Thailand, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from India totaled +X%.

Import Prices by Country

In 2021, the average leek import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%).

Source: IndexBox Platform