Thailand: Tomato Market 2024

Tomato Market Size in Thailand

The Thai tomato market dropped modestly to $X in 2022, approximately mirroring the previous year. Over the period under review, consumption, however, continues to indicate a slight decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Tomato Production in Thailand

In value terms, tomato production reduced to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of tomatoes in Thailand reached X tons per ha in 2022, almost unchanged from 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The tomato yield peaked in 2022 and is likely to see gradual growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the tomato harvested area in Thailand totaled X ha, approximately reflecting the year before. Over the period under review, the harvested area continues to indicate slight growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2020 to 2022, the growth of the tomato harvested area remained at a somewhat lower figure.

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Tomato Exports

Exports from Thailand

In 2022, the amount of tomatoes exported from Thailand reduced rapidly to X tons, falling by X% compared with the previous year's figure. In general, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then contracted markedly in the following year.

In value terms, tomato exports dropped to $X in 2022. Over the period under review, exports, however, saw tangible growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Myanmar (X tons), Lao People's Democratic Republic (X tons) and Singapore (X tons) were the main destinations of tomato exports from Thailand, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lao People's Democratic Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tomato exported from Thailand were Myanmar ($X), Malaysia ($X) and Singapore ($X), together comprising X% of total exports. Lao People's Democratic Republic and Cambodia lagged somewhat behind, together comprising a further X%.

Cambodia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average tomato export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($X per ton), while the average price for exports to Lao People's Democratic Republic ($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 Cambodia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Tomato Imports

Imports into Thailand

In 2022, after two years of decline, there was significant growth in overseas purchases of tomatoes, when their volume increased by X% to X tons. In general, imports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, tomato imports contracted to $X in 2022. Over the period under review, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main tomato supplier to Thailand, with a approx. X% share of total imports.

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 tomatoes to Thailand.

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

Import Prices by Country

The average tomato import price stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform