Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Thailand - 2024
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Thailand (CIF) - 2022
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Thailand (FOB) - 2022
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Thailand
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Thailand
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Thailand (CIF) - 2022
The average import price for vegetables; potatoes (other than seed), fresh or chilleds stood at $518 per ton in 2022, picking up by 23% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($678 per ton) and Canada ($611 per ton), while the price for Germany ($455 per ton) and China ($515 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Thailand (FOB) - 2022
In 2022, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $634 per ton, increasing by 1.9% against the previous year. Overall, the export price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 96%. Over the period under review, the average export prices attained the peak figure at $1,809 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,406 per ton), while the average price for exports to Myanmar ($552 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 (+11.3%), while the prices for the other major destinations experienced a decline.
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Thailand
For the fourth consecutive year, Thailand recorded growth in supplies from abroad of vegetables; potatoes (other than seed), fresh or chilleds, which increased by 22% to 75K tons in 2022. The total import volume increased at an average annual rate of +13.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds surged to $39M in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.3 | 5.7 | 10.7 | 20.5 | 41.1% |
| Germany | 4.9 | 9.5 | 8.9 | 10.2 | 27.7% |
| Vietnam | N/A | N/A | 1.1 | 4.1 | 272.7% |
| Canada | 4.3 | 3.0 | 3.8 | 2.7 | -14.4% |
| Australia | 1.4 | N/A | 0.4 | 1.5 | 2.3% |
| United States | 1.9 | 1.8 | 1.2 | N/A | -20.5% |
| Others | 0.5 | 0.2 | N/A | N/A | -60.0% |
| Total | 20.1 | 20.2 | 26.0 | 39.0 | 24.7% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Thailand in 2022:
- China (39.7K tons)
- Germany (22.4K tons)
- Vietnam (6.0K tons)
- Canada (4.5K tons)
- Australia (2.6K tons)
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Thailand
In 2022, overseas shipments of vegetables; potatoes (other than seed), fresh or chilleds decreased by -4.5% to 988 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 2,697% against the previous year. As a result, the exports attained the peak of 1K tons, and then dropped slightly in the following year.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds shrank modestly to $627K in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,311%. As a result, the exports attained the peak of $644K, and then dropped in the following year.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 4.1 | N/A | 497 | 458 | 381.6% |
| Myanmar | 0.4 | 0.6 | 49.5 | 73.9 | 469.5% |
| United States | N/A | 7.4 | N/A | 38.9 | 129.3% |
| Singapore | N/A | 11.3 | 22.0 | 23.0 | 42.7% |
| Lao People's Democratic Republic | N/A | 9.4 | 72.0 | 18.4 | 39.9% |
| Others | 1.2 | 17.0 | 3.5 | 14.6 | 130.0% |
| Total | 5.7 | 45.6 | 644 | 627 | 379.1% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Thailand in 2022:
- Malaysia (767.3 tons)
- Myanmar (133.9 tons)
- Singapore (34.9 tons)
- Lao People's Democratic Republic (29.2 tons)
- United States (16.2 tons)
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