Thailand: Cauliflower And Broccoli Market 2024

Cauliflower And Broccoli Market Size in Thailand

The Thai cauliflower and broccoli market skyrocketed to $X in 2022, growing by 18% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cauliflower And Broccoli Production in Thailand

In value terms, cauliflower and broccoli production dropped to $X in 2022 estimated in export price. Overall, production, however, showed a mild reduction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 234% against the previous year. Cauliflower and broccoli production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

In 2022, the average yield of cauliflower and broccoli in Thailand reached X tons per ha, stabilizing at the year before. In general, the yield, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2016 with an increase of 44%. The cauliflower and broccoli yield peaked at X tons per ha in 2014; however, from 2015 to 2022, the yield stood at a somewhat 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, the cauliflower and broccoli harvested area in Thailand totaled X ha, almost unchanged from the previous year's figure. Overall, the harvested area, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2016 with an increase of 16% against the previous year. Over the period under review, the harvested area dedicated to cauliflower and broccoli production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Cauliflower And Broccoli Exports

Exports from Thailand

In 2022, overseas shipments of cauliflower and broccoli increased by 276% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 2,577%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, cauliflower and broccoli exports skyrocketed to $X in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 2,980% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Cambodia (X tons), Malaysia (X tons) and Taiwan (Chinese) (X tons) were the main destinations of cauliflower and broccoli exports from Thailand, with a combined 99% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +320.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cauliflower and broccoli exported from Thailand were Malaysia ($X), Taiwan (Chinese) ($X) and Cambodia ($X), with a combined 99% share of total exports.

Cambodia, with a CAGR of +345.2%, recorded the highest growth rate of 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

The average cauliflower and broccoli export price stood at $X per ton in 2022, declining by -17.3% against the previous year. In general, the export price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 99%. The export price peaked at $X per ton in 2021, and then fell remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Cambodia ($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 Myanmar (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Cauliflower And Broccoli Imports

Imports into Thailand

In 2022, approx. X tons of cauliflower and broccoli were imported into Thailand; picking up by 25% against the year before. The total import volume increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 52%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, cauliflower and broccoli imports skyrocketed to $X in 2022. Overall, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.6% against 2012 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main supplier of cauliflower and broccoli to Thailand, with a approx. 99% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +3.3%.

In value terms, China ($X) constituted the largest supplier of cauliflower and broccoli to Thailand.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +6.2%.

Import Prices by Country

The average cauliflower and broccoli import price stood at $X per ton in 2022, with an increase of 12% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cauliflower and broccoli import price decreased by -18.7% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 74% against the previous year. 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.

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 China amounted to +2.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :