Thailand - Green Beans - Market Analysis, Forecast, Size, Trends and Insights
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Green Bean Market Size in Thailand
The Thai green bean market fell to $X in 2022, with a decrease of -2.7% against the previous year. Over the period under review, consumption saw a pronounced shrinkage. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.
Green Bean Production in Thailand
In value terms, green bean production reduced to $X in 2022 estimated in export price. Overall, production saw a abrupt descent. The pace of growth appeared the most rapid in 2018 with an increase of 21% against the previous year. Green bean production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.
In 2022, the average green bean yield in Thailand contracted to X tons per ha, approximately equating 2021 figures. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by 3.9%. As a result, the yield reached the peak level of X tons per ha. From 2016 to 2022, the growth of the average green bean yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2022, the total area harvested in terms of green beans production in Thailand stood at X ha, remaining constant against the previous year. Overall, the harvested area, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the harvested area increased by 4.9% against the previous year. The green bean harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.
Green Bean Exports
Exports from Thailand
For the third consecutive year, Thailand recorded growth in shipments abroad of green beans, which increased by 97% to X tons in 2022. In general, exports recorded perceptible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, green bean exports soared to $X in 2022. Over the period under review, exports, however, saw a pronounced decline. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
Exports by Country
Myanmar (X tons) was the main destination for green bean exports from Thailand, accounting for a 61% share of total exports. Moreover, green bean exports to Myanmar exceeded the volume sent to the second major destination, Singapore (X tons), sixfold. The third position in this ranking was taken by Lao People's Democratic Republic (X tons), with an 8.6% share.
From 2012 to 2022, the average annual growth rate of volume to Myanmar stood at +29.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+11.5% per year) and Lao People's Democratic Republic (+9.7% per year).
In value terms, the largest markets for green bean exported from Thailand were Myanmar ($X), Qatar ($X) and Norway ($X), with a combined 57% share of total exports. Bahrain, Singapore, Lao People's Democratic Republic, Malaysia and Hong Kong SAR lagged somewhat behind, together comprising a further 16%.
Bahrain, with a CAGR of +115.5%, saw the highest rates of growth with regard to the value of exports, among 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 green bean export price stood at $X per ton in 2022, growing by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 16%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($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 Italy (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.
Green Bean Imports
Imports into Thailand
Green bean imports into Thailand expanded sharply to X tons in 2022, growing by 14% against 2021 figures. Overall, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 140%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.
In value terms, green bean imports contracted to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2019 when imports increased by 496%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.
Imports by Country
In 2022, China (X tons) constituted the largest supplier of green bean to Thailand, with a 60% share of total imports. Moreover, green bean imports from China exceeded the figures recorded by the second-largest supplier, Australia (X kg), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume from China stood at +40.4%.
In value terms, Australia ($X) and China ($X) were the largest green bean suppliers to Thailand.
China, with a CAGR of +49.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.
Import Prices by Country
The average green bean import price stood at $X per ton in 2022, dropping by -22.4% against the previous year. In general, the import price showed a slight setback. The pace of growth appeared the most rapid in 2019 an increase of 148%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for China stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the green bean 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 2030.
Product coverage:
- FCL 414 - Beans, green
- FCL 423 - String Beans
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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