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Thailand - Wheat Or Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights
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Thailand: Wheat Flour Market Overview 2021

Wheat Flour Market Size in Thailand

The Thai wheat flour market reached $X in 2020, rising by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. Wheat flour consumption peaked at $X in 2016; however, from 2017 to 2020, consumption stood at a somewhat lower figure.

Wheat Flour Production in Thailand

In value terms, wheat flour production rose markedly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2020, production remained at a lower figure.

Wheat Flour Exports

Exports from Thailand

In 2020, after two years of growth, there was significant decline in shipments abroad of wheat or meslin flour, when their volume decreased by -X% to X tonnes. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Exports peaked at X tonnes in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, wheat flour exports shrank notably to $X in 2020. In general, exports saw a perceptible contraction. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

Exports by Country

Lao People's Democratic Republic (X tonnes), Singapore (X tonnes) and Cambodia (X tonnes) were the main destinations of wheat flour exports from Thailand, with a combined X% share of total exports. These countries were followed by Hong Kong SAR, Myanmar, China and Taiwan (Chinese), which together accounted for a further X 2007 to 2020, the biggest increases were in Myanmar, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wheat flour exported from Thailand were Lao People's Democratic Republic ($X), Hong Kong SAR ($X) and Cambodia ($X), with a combined X% share of total exports. These countries were followed by Singapore, Myanmar, China and Taiwan (Chinese), which together accounted for a further X terms of the main countries of destination, Myanmar recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average wheat flour export price amounted to $X per tonne, with an increase of X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2009 to 2020, 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 China ($X per tonne), while the average price for exports to Lao People's Democratic Republic ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Wheat Flour Imports

Imports into Thailand

In 2020, imports of wheat or meslin flour into Thailand reduced modestly to X tonnes, remaining relatively unchanged against 2019 figures. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, wheat flour imports amounted to $X in 2020. Overall, imports recorded a mild increase. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Viet Nam (X tonnes) constituted the largest wheat flour supplier to Thailand, accounting for a X% share of total imports. Moreover, wheat flour imports from Viet Nam exceeded the figures recorded by the second-largest supplier, the Philippines (X tonnes), threefold. Turkey (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Viet Nam stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+X% per year) and Turkey (-X% per year).

In value terms, Viet Nam ($X) constituted the largest supplier of wheat flour to Thailand, comprising X% of total imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total imports. It was followed by the Philippines, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Viet Nam amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-X% per year) and the Philippines (+X% per year).

Import Prices by Country

In 2020, the average wheat flour import price amounted to $X per tonne, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Japan ($X per tonne) and Singapore ($X per tonne), while the price for Turkey ($X per tonne) and Slovenia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheat or meslin flour in the world?
+
The country with the largest volume of wheat flour consumption was China (75M tonnes), comprising approx. 19% of total volume. Moreover, wheat flour consumption in China exceeded the figures recorded by the second-largest consumer, India (23M tonnes), threefold. Indonesia (17M tonnes) ranked third in terms of total consumption with a 4.4% share.
What are the largest producers of wheat or meslin flour in the world?
+
The country with the largest volume of wheat flour production was China (75M tonnes), accounting for 19% of total volume. Moreover, wheat flour production in China exceeded the figures recorded by the second-largest producer, India (23M tonnes), threefold. Indonesia (17M tonnes) ranked third in terms of total production with a 4.4% share.
What are the leading suppliers of wheat or meslin flour to Thailand?
+
In value terms, Viet Nam ($21M) constituted the largest supplier of wheat flour to Thailand, comprising 30% of total imports. The second position in the ranking was occupied by Singapore ($7.9M), with a 11% share of total imports. It was followed by the Philippines, with a 10% share.
What are the leading importers of wheat or meslin flour from Thailand?
+
In value terms, Lao People's Democratic Republic ($936K), Hong Kong SAR ($654K) and Cambodia ($643K) were the largest markets for wheat flour exported from Thailand worldwide, together accounting for 61% of total exports. These countries were followed by Singapore, Myanmar, China and Taiwan (Chinese), which together accounted for a further 27%.
What is the average export price for wheat or meslin flour in Thailand?
+
The average wheat flour export price stood at $803 per tonne in 2020, surging by 13% against the previous year.
What is the average import price for wheat or meslin flour in Thailand?
+
The average wheat flour import price stood at $424 per tonne in 2020, surging by 1.9% against the previous year.

Product coverage:
• Prodcom 10612100 - Wheat or meslin flour

This report provides an in-depth analysis of the wheat flour market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Thailand

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Thailand
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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