Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Thailand - 2024

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Thailand (CIF) - 2022
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Thailand (FOB) - 2022
  3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Thailand
  4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Thailand

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Thailand (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $819 per ton in 2022, with a decrease of -12.5% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 101%. As a result, import price attained the peak level of $2,778 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($1,346 per ton), while the price for Belgium ($576 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.0%), while the prices for the other major suppliers experienced a decline.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Thailand (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $3,636 per ton, growing by 85% against the previous year. Overall, the export price, however, saw a abrupt setback. Over the period under review, the average export prices hit record highs at $9,306 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2013 to 2022, the rate of growth in terms of prices for Malaysia amounted to +334.1% per year.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Thailand

In 2022, approx. 763 tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses were imported into Thailand; jumping by 46% compared with the previous year. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 724% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses soared to $625K in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 867%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/A20.2166452373.0%
CanadaN/A55.817715466.1%
Belgium5.18.031.89.523.0%
FranceN/A0.189.0N/A88900.0%
UkraineN/AN/A8.9N/A0%
Others7.538.017.88.64.7%
Total12.6122491625267.4%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Thailand in 2022:

  1. Australia (628.1 tons)
  2. Canada (114.3 tons)
  3. Belgium (16.6 tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Thailand

In 2022, shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses decreased by -92.8% to 3.5 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 136%. As a result, the exports attained the peak of 49 tons, and then dropped markedly in the following year.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses dropped sharply to $13K in 2022. In general, exports faced a dramatic decline. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar61.578.681.112.8-40.7%
ChinaN/AN/A14.6N/A0%
OthersN/AN/AN/AN/A0%
Total61.578.695.712.8-40.7%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Thailand in 2022:

  1. Myanmar (3.5 tons)

Source: IndexBox Market Intelligence Platform

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