Thailand: Market for Flaked or Rolled Cereals 2025

Market Size for Flaked or Rolled Cereals in Thailand

In 2022, after two years of growth, there was significant decline in the Thai flaked or rolled cereal market, when its value decreased by -12.5% to $X. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +54.5% against 2016 indices. Over the period under review, the market attained the peak level at $X in 2021, and then fell in the following year.

Production of Flaked or Rolled Cereals in Thailand

In value terms, flaked or rolled cereal production expanded to $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.3% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of 27%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Flaked or Rolled Cereals

Exports from Thailand

In 2022, approx. X tons of flaked or rolled cereals were exported from Thailand; growing by 82% against 2021. In general, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2015 with an increase of 345% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, flaked or rolled cereal exports soared to $X in 2022. Over the period under review, exports, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2013 with an increase of 48%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Taiwan (Chinese) (X tons) was the main destination for flaked or rolled cereal exports from Thailand, accounting for a 76% share of total exports. Moreover, flaked or rolled cereal exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, Malaysia (X tons), sevenfold. Pakistan (X tons) ranked third in terms of total exports with a 6% share.

From 2012 to 2022, the average annual growth rate of volume to Taiwan (Chinese) totaled +217.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+35.4% per year) and Pakistan (+230.3% per year).

In value terms, Taiwan (Chinese) ($X) remains the key foreign market for flaked or rolled cereals exports from Thailand, comprising 57% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 15% share of total exports. It was followed by Pakistan, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Taiwan (Chinese) stood at +208.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+39.2% per year) and Pakistan (+172.4% per year).

Export Prices by Country

The average flaked or rolled cereal export price stood at $X per ton in 2022, shrinking by -21.7% against the previous year. In general, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 37% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flaked or Rolled Cereals

Imports into Thailand

After two years of growth, overseas purchases of flaked or rolled cereals decreased by -57.8% to X tons in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 470%. As a result, imports reached the peak of X tons, and then dropped rapidly in the following year.

In value terms, flaked or rolled cereal imports declined significantly to $X in 2022. In general, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 with an increase of 266%. As a result, imports attained the peak of $X, and then declined remarkably in the following year.

Imports by Country

In 2022, Myanmar (X tons) constituted the largest supplier of flaked or rolled cereal to Thailand, with a 72% share of total imports. Moreover, flaked or rolled cereal imports from Myanmar exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold. The third position in this ranking was held by Lao People's Democratic Republic (X tons), with a 5.8% share.

From 2012 to 2022, the average annual growth rate of volume from Myanmar amounted to +109.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+5.9% per year) and Lao People's Democratic Republic (+0.3% per year).

In value terms, Myanmar ($X) constituted the largest supplier of flaked or rolled cereals to Thailand, comprising 52% of total imports. The second position in the ranking was held by India ($X), with a 13% share of total imports. It was followed by Australia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Myanmar stood at +110.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.9% per year) and Australia (+6.5% per year).

Import Prices by Country

In 2022, the average flaked or rolled cereal import price amounted to $X per ton, surging by 26% against the previous year. Overall, the import price, however, recorded a perceptible setback. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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