Thailand: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in Thailand

In 2020, the Thai roots and tubers, nes market increased by X% to $X, rising for the third year in a row after three years of decline. In general, the total consumption indicated measured growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Roots and tubers, nes consumption peaked in 2020 and is expected to retain growth in the immediate term.

Production of Roots and Tubers, nes in Thailand

In value terms, roots and tubers, nes production rose significantly to $X in 2020 estimated in export prices. Overall, the total production indicated measured growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Roots and tubers, nes production peaked in 2020 and is expected to retain growth in the immediate term.

The average yield of roots and tubers, nes in Thailand reduced to X tons per ha in 2020, flattening at the previous year. In general, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the average roots and tubers, nes yield hit record highs at X tons per ha in 2008; however, from 2009 to 2020, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of roots and tubers, nes were harvested in Thailand; standing approx. at the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha. from 2016 to 2020, the growth of the roots and tubers, nes harvested area failed to regain the momentum.

Exports of Roots and Tubers, nes

Exports from Thailand

In 2020, overseas shipments of roots and tubers, nes decreased by -X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X tons in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, roots and tubers, nes exports totaled $X in 2020. Overall, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for roots and tubers, nes exports from Thailand, with a X% share of total exports. Moreover, roots and tubers, nes exports to Singapore exceeded the volume sent to the second major destination, China (X tons), threefold. The third position in this ranking was occupied by Lao People's Democratic Republic (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Singapore stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Lao People's Democratic Republic (+X% per year).

In value terms, the largest markets for roots and tubers, nes exported from Thailand were China ($X), Singapore ($X) and Lao People's Democratic Republic ($X), together accounting for X% of total exports. Myanmar, Malaysia, Cambodia and Sri Lanka lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest rates of growth with regard to 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

In 2020, the average roots and tubers, nes export price amounted to $X per ton, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 when the average export price increased by X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Myanmar ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

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

Imports of Roots and Tubers, nes

Imports into Thailand

Roots and tubers, nes imports into Thailand expanded rapidly to X tons in 2020, increasing by X% on the previous year's figure. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Imports peaked in 2020 and are expected to retain growth in years to come.

In value terms, roots and tubers, nes imports expanded notably to $X in 2020. Over the period under review, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, imports attained the maximum in 2020 and are likely to see steady growth in the near future.

Imports by Country

In 2020, China (X tons) was the main roots and tubers, nes supplier to Thailand, accounting for a X% share of total imports. Moreover, roots and tubers, nes imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), eightfold.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of roots and tubers, nes to Thailand, comprising X% of total imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from China totaled +X%.

Import Prices by Country

In 2020, the average roots and tubers, nes import price amounted to $X per ton, stabilizing at the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per ton. from 2014 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Indonesia ($X per ton), while the price for China stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :