Thailand: Lentil Market Overview 2021

Lentil Market Size in Thailand

The Thai lentil market fell remarkably to $X in 2019, with a decrease of -X% against the previous year. In general, consumption recorded a abrupt setback. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

Lentil Production in Thailand

In value terms, lentil production stood at $X in 2019 estimated in export prices. In general, production recorded a dramatic decline. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Lentil production peaked at $X in 2008; however, from 2009 to 2019, production failed to regain the momentum.

The average yield of lentils in Thailand was estimated at X kg per ha in 2019, flattening at the previous year's figure. Overall, the yield continues to indicate 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 2019, the lentil harvested area in Thailand stood at X ha, approximately mirroring the previous year. In general, the harvested area showed a relatively flat trend pattern.

Lentil Exports

Exports from Thailand

In 2019, lentil exports from Thailand contracted markedly to X tonnes, waning by -X% compared with the year before. In general, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, lentil exports dropped dramatically to $X in 2019. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Exports peaked at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Pakistan (X tonnes) was the main destination for lentil exports from Thailand, with a X% share of total exports. Moreover, lentil exports to Pakistan exceeded the volume sent to the second major destination, Saudi Arabia (X tonnes), twofold. India (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Pakistan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and India (-X% per year).

In value terms, India ($X), Saudi Arabia ($X) and Pakistan ($X) were the largest markets for lentil exported from Thailand worldwide, with a combined X% share of total exports.

Saudi Arabia saw 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

The average lentil export price stood at $X per tonne in 2019, with an increase of X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per tonne), while the average price for exports to Pakistan ($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 India, while the prices for the other major destinations experienced more modest paces of growth.

Lentil Imports

Imports into Thailand

After six years of growth, supplies from abroad of lentils decreased by -X% to X tonnes in 2019. Over the period under review, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2018, and then fell markedly in the following year.

In value terms, lentil imports reduced remarkably to $X in 2019. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when imports increased by X% against the previous year. Imports peaked at $X in 2018, and then declined sharply in the following year.

Imports by Country

The U.S. (X tonnes), India (X tonnes) and the United Arab Emirates (X tonnes) were the main suppliers of lentil imports to Thailand, together comprising X% of total imports. These countries were followed by Sri Lanka, Chile, Malaysia and Australia, which together accounted for a further X 2007 to 2019, the biggest increases were in Malaysia (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

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

From 2007 to 2019, the average annual growth rate of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-X% per year) and India (+X% per year).

Import Prices by Country

The average lentil import price stood at $X per tonne in 2019, with an increase of X% against the previous year. In general, the import price, however, saw a perceptible curtailment. The growth pace was the most rapid in 2013 an increase of X% y-o-y. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Australia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lentils in the world?

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The country with the largest volume of lentil consumption was India (2M tonnes), comprising approx. 27% of total volume. Moreover, lentil consumption in India exceeded the figures recorded by the second-largest consumer, Canada (984K tonnes), twofold. The third position in this ranking was occupied by Turkey (657K tonnes), with a 8.7% share.

What are the largest producers of lentils in the world?

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Canada (3.1M tonnes) remains the largest lentil producing country worldwide, accounting for 45% of total volume. Moreover, lentil production in Canada exceeded the figures recorded by the second-largest producer, India (1.2M tonnes), threefold. The third position in this ranking was occupied by Australia (534K tonnes), with a 7.7% share.

What are the leading suppliers of lentils to Thailand?

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In value terms, the U.S. ($270K) constituted the largest supplier of lentil to Thailand, comprising 60% of total imports. The second position in the ranking was occupied by Chile ($31K), with a 6.9% share of total imports. It was followed by India, with a 6.8% share.

What are the leading importers of lentils from Thailand?

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In value terms, India ($70K), Saudi Arabia ($49K) and Pakistan ($48K) appeared to be the largest markets for lentil exported from Thailand worldwide, with a combined 43% share of total exports.

What is the average export price for lentils in Thailand?

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The average lentil export price stood at $1,364 per tonne in 2019, with an increase of 9.7% against the previous year.

What is the average import price for lentils in Thailand?

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The average lentil import price stood at $742 per tonne in 2019, growing by 3.4% against the previous year.