Report Update Nov 1, 2024

Thailand - Yams - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Yams Market 2024

Yams Market Size in Thailand

The Thai yams market skyrocketed to $X in 2022, with an increase of 103% against the previous year. In general, consumption continues to indicate a significant increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Yams Production in Thailand

In value terms, yams production amounted to $X in 2022 estimated in export price. In general, production saw a significant decline. The growth pace was the most rapid in 2013 when the production volume decreased by 99.9% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average yield of yams in Thailand amounted to less than X kg per ha, flattening at 2021 figures. Overall, the yield showed a relatively flat trend pattern. 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 yams production in Thailand stood at less than X ha, almost unchanged from the previous year's figure. In general, the harvested area continues to indicate a relatively flat trend pattern.

Yams Exports

Exports from Thailand

In 2022, overseas shipments of yams increased by 700% to X kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a dramatic descent. The pace of growth appeared the most rapid in 2019 with an increase of 61,316%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, yams exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a sharp reduction. The growth pace was the most rapid in 2019 when exports increased by 42,595%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia (X kg), Japan (X kg) and Bahrain (X kg) were the main destinations of yams exports from Thailand, with a combined 38% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for yams exported from Thailand were Australia ($X), Japan ($X) and Bahrain ($X), with a combined 38% share of total exports.

Among the main countries of destination, Bahrain, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average yams export price amounted to $X per ton, leveling off at the previous year. In general, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2020 an increase of 228% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($X per ton) and Bahrain ($X per ton), while the average price for exports to Singapore ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+18.1%), while the prices for the other major destinations experienced mixed trend patterns.

Yams Imports

Imports into Thailand

In 2022, approx. X tons of yams were imported into Thailand; jumping by 115% compared with the previous year. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 760% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, yams imports reached $X in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 377% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of yams to Thailand, accounting for a 89% share of total imports. Moreover, yams imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +30.2%.

In value terms, China ($X) and Japan ($X) were the largest yams suppliers to Thailand.

China, with a CAGR of +27.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average yams import price amounted to $X per ton, reducing by -49% against the previous year. In general, the import price faced a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 98% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for yams in the world?

The country with the largest volume of yams consumption was Nigeria, comprising approx. 67% of total volume. Moreover, yams consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Ghana, sixfold. The third position in this ranking was occupied by Cote d'Ivoire, with a 10% share.

What are the largest producers of yams in the world?

The country with the largest volume of yams production was Nigeria, accounting for 67% of total volume. Moreover, yams production in Nigeria exceeded the figures recorded by the second-largest producer, Ghana, sixfold. The third position in this ranking was occupied by Cote d'Ivoire, with a 10% share.

What are the leading suppliers of yams to Thailand?

In value terms, Japan and China constituted the largest yams suppliers to Thailand.

What are the leading importers of yams from Thailand?

In value terms, the United Arab Emirates remains the key foreign market for yams exports from Thailand, comprising 78% of total exports. The second position in the ranking was occupied by Taiwan Chinese), with a 11% share of total exports. It was followed by the U.S., with a 9.3% share.

What is the average export price for yams in Thailand?

The average yams export price stood at $1,252 per ton in 2020, rising by 2.1% against the previous year.

What is the average import price for yams in Thailand?

The average yams import price stood at $2,544 per ton in 2020, which is down by -6.9% against the previous year.

This report provides an in-depth analysis of the yams 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 137 - Yams

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:

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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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023