Thailand: Root And Tuber Market 2024

Root And Tuber Market Size in Thailand

The Thai root and tuber market declined to $X in 2022, dropping by X% against the previous year. Overall, the total consumption indicated a measured increase 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 decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Root And Tuber Production in Thailand

In value terms, root and tuber production dropped notably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

The average yield of roots and tubers in Thailand contracted slightly to X tons per ha in 2022, leveling off at 2021 figures. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. The root and tuber yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of roots and tubers were harvested in Thailand; standing approx. at the previous year's figure. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to root and tuber production reached the peak figure at X ha in 2021, and then shrank in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Root And Tuber Exports

Exports from Thailand

In 2022, overseas shipments of roots and tubers increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports continue to indicate a pronounced increase. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, root and tuber exports soared to $X in 2022. In general, exports posted perceptible growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for root and tuber exports from Thailand, with a approx. X% share of total exports.

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

In value terms, China ($X) also remains the key foreign market for roots and tubers exports from Thailand.

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

Export Prices by Country

The average root and tuber export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Root And Tuber Imports

Imports into Thailand

Root and tuber imports into Thailand skyrocketed to X tons in 2022, rising by X% against the previous year's figure. Over the period under review, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, root and tuber imports skyrocketed to $X in 2022. In general, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Cambodia (X tons) and Lao People's Democratic Republic (X tons) were the main suppliers of root and tuber imports to Thailand.

From 2012 to 2022, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of X%).

In value terms, the largest root and tuber suppliers to Thailand were Lao People's Democratic Republic ($X) and Cambodia ($X).

Lao People's Democratic Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average root and tuber import price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while the price for Cambodia stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :