Thailand: Leek Market 2024

Leek Market Size in Thailand

The Thai leek market contracted dramatically to $X in 2022, with a decrease of X% against the previous year. In general, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. As a result, consumption attained the peak level of $X, and then contracted remarkably in the following year.

Leek Production in Thailand

In value terms, leek production shrank slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

In 2022, the average leek yield in Thailand stood at less than X kg per ha, almost unchanged from 2021 figures. In general, the yield showed 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 leek harvested area in Thailand totaled less than X ha in 2022, flattening at 2021 figures. Over the period under review, the harvested area showed a relatively flat trend pattern.

Leek Exports

Exports from Thailand

For the fifth year in a row, Thailand recorded growth in overseas shipments of leeks and other alliaceous vegetables, which increased by X% to X tons in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, leek exports surged to $X in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Cambodia (X tons) was the main destination for leek exports from Thailand, accounting for a X% share of total exports. Moreover, leek exports to Cambodia exceeded the volume sent to the second major destination, Lao People's Democratic Republic (X tons), fourfold. The third position in this ranking was taken by Malaysia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cambodia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (X% per year) and Malaysia (X% per year).

In value terms, Cambodia ($X) emerged as the key foreign market for leeks and other alliaceous vegetables exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Lao People's Democratic Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cambodia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Lao People's Democratic Republic (X% per year).

Export Prices by Country

The average leek export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

Leek imports into Thailand plummeted to X tons in 2022, which is down by X% on 2021. Over the period under review, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell significantly in the following year.

In value terms, leek imports fell remarkably to $X in 2022. In general, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then contracted dramatically in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest leek supplier to Thailand, with a X% share of total imports. Moreover, leek imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%.

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

From 2012 to 2022, the average annual growth rate of value from China amounted to X%.

Import Prices by Country

In 2022, the average leek import price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform