Thailand - Husked (Brown) Rice - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBrown Rice Price in Thailand - 2023
Contents:
- Brown Rice Price in Thailand (FOB) - 2023
- Brown Rice Price in Thailand (CIF) - 2022
- Brown Rice Exports in Thailand
- Brown Rice Imports in Thailand
Brown Rice Price in Thailand (FOB) - 2023
In July 2023, the average brown rice export price amounted to $683 per ton, with an increase of 24% against the previous month. Overall, the export price, however, continues to indicate a pronounced setback. The pace of growth appeared the most rapid in November 2022 an increase of 52% m-o-m. Over the period under review, the average export prices attained the peak figure at $918 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was South Africa ($4,373 per ton), while the average price for exports to South Korea ($497 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.
Brown Rice Price in Thailand (CIF) - 2022
The average brown rice import price stood at $4,972 per ton in 2022, picking up by 122% against the previous year. Over the period under review, the import price posted strong growth. The pace of growth appeared the most rapid in 2013 an increase of 272%. Over the period under review, average import prices hit record highs at $5,208 per ton in 2014; however, from 2015 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 the United States ($14,940 per ton), while the price for Bhutan ($720 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Brown Rice Exports in Thailand
In 2022, shipments abroad of husked (brown) rice decreased by -5.4% to 105K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 8.9%. As a result, the exports reached the peak of 147K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, brown rice exports fell to $71M in 2022. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 5.2%. As a result, the exports attained the peak of $105M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Brown Rice in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | 12.9 | 13.8 | 20.9 | 27.3% |
| United States | 12.8 | 15.4 | 9.9 | 11.0 | -4.9% |
| Singapore | 8.7 | 8.9 | 6.8 | 5.5 | -14.2% |
| Italy | 5.5 | 6.2 | 3.4 | 3.8 | -11.6% |
| Hong Kong SAR | 4.2 | 4.8 | 3.9 | 3.8 | -3.3% |
| New Caledonia | 4.7 | 3.8 | 3.3 | 3.5 | -9.4% |
| Canada | 2.6 | 3.0 | 2.3 | 2.6 | 0.0% |
| Netherlands | 7.4 | 7.2 | 4.9 | 2.4 | -31.3% |
| France | 2.1 | 1.0 | 2.0 | 2.2 | 1.6% |
| Switzerland | 1.9 | 1.2 | 1.9 | 2.0 | 1.7% |
| United Kingdom | 16.5 | 10.3 | 1.9 | 1.8 | -52.2% |
| South Africa | 1.7 | 2.3 | 2.4 | 1.5 | -4.1% |
| Belgium | 8.6 | 3.1 | 1.1 | 0.8 | -54.7% |
| Others | 22.8 | 24.6 | 18.2 | 9.0 | -26.6% |
| Total | 99.6 | 105 | 75.8 | 70.9 | -10.7% |
Top Export Markets for Brown Rice from Thailand in 2022:
- South Korea (50.5K tons)
- United States (9.7K tons)
- New Caledonia (5.3K tons)
- France (4.8K tons)
- Singapore (4.4K tons)
- Netherlands (3.7K tons)
- South Africa (3.6K tons)
- United Kingdom (3.0K tons)
- Italy (2.8K tons)
- Hong Kong SAR (2.6K tons)
- Canada (1.9K tons)
- Switzerland (1.7K tons)
- Belgium (1.6K tons)
Brown Rice Imports in Thailand
For the third year in a row, Thailand recorded decline in overseas purchases of husked (brown) rice, which decreased by -59.8% to 105 kg in 2022. Over the period under review, imports recorded a dramatic downturn. The smallest decline of -47.9% was in 2021.
In value terms, brown rice imports dropped to $521 in 2022. Overall, imports faced a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by 2.8%.
| Import of Brown Rice in Thailand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | N/A | 265 | 352 | 32.8% |
| Japan | 1.0 | 50.0 | N/A | 77.0 | 325.4% |
| United States | 1.0 | N/A | 88.0 | 66.0 | 304.1% |
| Bhutan | N/A | N/A | N/A | 25.0 | 0% |
| Myanmar | 3,794 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | N/A | 300 | 156 | N/A | -48.0% |
| Australia | N/A | 66.0 | N/A | N/A | 0% |
| Others | 12.0 | 153 | 76.0 | 1.0 | -56.3% |
| Total | 3,808 | 569 | 585 | 521 | -48.5% |
Top Suppliers of Brown Rice to Thailand in 2022:
- Philippines (56.0 kg)
- Bhutan (35.0 kg)
- Japan (9.0 kg)
- United States (4.0 kg)
This report provides an in-depth analysis of the brown rice 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:
- Prodcom 10611100 - Husked (brown) rice
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
375
This report provides an in-depth analysis of the brown rice market in Thailand.
346
This report provides an in-depth analysis of the milled rice market in Thailand.
1144
This report provides an in-depth analysis of the rice market in Thailand.
858
This report provides an in-depth analysis of the paddy rice market in Thailand.
370
This report provides an in-depth analysis of the broken rice market in Thailand.
376
This report provides an in-depth analysis of the milled rice market in Thailand.
678
This report provides an in-depth analysis of the grain market in Thailand.
736
This report provides an in-depth analysis of the global brown rice market.
485
This report provides an in-depth analysis of the global milled rice market.
7846
This report provides an in-depth analysis of the global rice market.
74
During the review period, Rice exports peaked at 12M tons in 2017. From 2018 to 2023, exports saw a decrease, with a value of $5.2B in 2023.
264
Explore the top import markets for rice and discover key statistics and insights. Learn about the countries with the highest import value for rice, including China, the Philippines, Iran, and more.
823
This year, rice prices are forecast to ease, thanks primarily to rising production and exports from India, Thailand, Vietnam, China, and Pakistan. India dominates global trade, more than doubling its supplies at a competitive cost over the past two years.
786
Over 2020-2021 period, the global rice market displayed robust production indicators. Despite a pronounced shortage of shipping containers threatening to disrupt supplies to Africa, the global rice export market continues to expand. India maintains its status as the largest exporter, boasting the most competitive rice export prices.
1409
Global rice consumption amounted to X tons in 2016 (in terms of milled rice weight), posting modest but robust gains from 2007-2016. The total consumption volume increased at an average annual rate of +X%. Over the period under review, the globa
10407
Global rice consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2139
Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
1487
Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
1535
In 2015, the countries with the highest levels of rice production were China (X thousand tons), India (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1330
India, despite a slight drop in exports in 2014, continued its dominance in the global rice trade. In 2014, India exported X thousand tons of rice totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arab
