Thailand: Dry Bean Market 2020

Dry Bean Market Size in Thailand

The revenue of the dry bean market in Thailand amounted to $X in 2017, coming down by -X% against the previous year. Overall, dry bean consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when market value increased by X% y-o-y. In that year, the dry bean market reached their peak level of $X. From 2011 to 2017, growth of the dry bean market failed to regain its momentum.

Dry Bean Production in Thailand

In 2017, approx. X tons of beans (dry) were produced in Thailand; waning by -X% against the previous year. In general, dry bean production continues to indicate an abrupt drop. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. Over the period under review, the dry bean production attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum. Dry bean output in Thailand indicated a deep curtailment, which was largely conditioned by an abrupt reduction of the harvested area and a relatively flat trend pattern in yield figures.

In 2017, average yield of beans (dry) in Thailand amounted to X kg per ha, stabilizing at the previous year. Overall, dry bean yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when yield increased by X% y-o-y. Over the period under review, the dry bean yield attained its maximum level of X kg per ha in 2007; however, from 2008 to 2017, it stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Dry bean harvested area in Thailand totaled X ha in 2017, waning by -X% against the previous year. Overall, dry bean harvested area continues to indicate an abrupt slump. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to dry bean production attained its peak figure of X ha in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Dry Bean Exports from Thailand

In 2017, approx. X tons of beans (dry) were exported from Thailand; reducing by -X% against the previous year. Overall, dry bean exports continue to indicate a temperate shrinkage. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y. Thailand exports peaked of X tons in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

In value terms, dry bean exports amounted to $X in 2017. Overall, the total exports indicated a slight growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the dry bean exports decreased by -X% against 2015 indices. In that year, the dry bean exports reached their peak level of $X. From 2010 to 2017, growth of the dry bean exports failed to regain its momentum.

Dry Bean Exports by Country from Thailand

In 2017, Myanmar (X tons), distantly followed by China (X tons), the U.S. (X tons), Argentina (X tons) and Canada (X tons) were the major exporters of beans (dry), together making up X% of total exports. Brazil (X tons), Ethiopia (X tons), Egypt (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Myanmar ($X), China ($X) and the U.S. ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports. Argentina, Canada, Egypt, Ethiopia, Brazil, Thailand and the UK lagged somewhat behind, together comprising a further X%.

Egypt (+X% per year) recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Dry Bean Export Prices by Country in Thailand

In 2017, the dry bean export price in Thailand amounted to $X per ton, rising by X% against the previous year. Overall, the export price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010, an increase of X% against the previous year. Over the period under review, the export prices for beans (dry) reached its peak figure level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was China ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Dry Bean Imports into Thailand

In 2017, approx. X tons of beans (dry) were imported into Thailand; dropping by -X% against the previous year. Overall, dry bean imports continue to indicate a strong growth. The growth pace was the most rapid in 2009, with an increase of X% year-to-year. Thailand imports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, dry bean imports amounted to $X in 2017. In general, dry bean imports continue to indicate a strong growth. Over the period under review, the dry bean imports attained its maximum level of $X in 2016, and then declined slightly in the following year.

Dry Bean Imports by Country into Thailand

In 2017, India (X tons), followed by China (X tons), Mexico (X tons) and Pakistan (X tons) represented the main importers of beans (dry), together committing X% of total imports. Angola (X tons), Brazil (X tons), the U.S. (X tons), Vietnam (X tons), the Philippines (X tons), the UK (X tons), Kenya (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported beans (dry) into Thailand, making up X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in India amounted to +X%. In the other countries, the average annual rates were as follows: China (+X% per year) and Mexico (+X% per year).

Dry Bean Import Prices by Country in Thailand

In 2017, the dry bean import price in Thailand amounted to $X per ton, waning by -X% against the previous year. In general, dry bean import price continues to indicate a prominent growth. The pace of growth appeared the most rapid in 2010, when it surged by X% year-to-year. Thailand import price peaked of $X per ton in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was the U.S. ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform