Browse Data and Analysis

Thailand's beef market offers significant growth potential for U.S. beef exports, particularly in the frozen beef segment. U.S. frozen boneless beef has grown by 24% from 2018 to 2023, reaching a total export volume of 1,083 tons in 2023.

The report outlines the Department of Livestock Development's regulation on the criteria, methods, and conditions for certifying animals developed using genome editing technology. This regulation enables Thailand to access new animal breeds, enhancing the country's ability to improve livestock production and address challenges related to food security and sustainable agriculture.

Paraguayan beef exports in 2025 are forecast down at 450,000 tons carcass weight equivalent with an expected smaller beef supply after a very large slaughter in 2024.

FAS Bangkok (Post) expects chicken meat production to increase slightly in 2024 due to limited supplies of day-old chicks and the slow recovery in domestic consumption amid strong export demand.

Vietnam offers abundant opportunities for exporting consumer-oriented products, despite the challenges of recovering from the COVID-19 pandemic and dealing with high inflation. The Vietnamese economy is poised for significant expansion in the coming decades. With a burgeoning population and a growing middle class, Vietnamese consumers are becoming more discerning about the origin and composition of their food.

Highlight: Beef production and exports in 2024 are projected to increase marginally. Exports at 445,000 tons carcass weight equivalent would be the second highest on record.

FAS Bangkok estimates Thailand’s chicken meat production to marginally increase in 2023 amid a surge in exports, a slow recovery in the tourism sector and high feed costs.

FAS Bangkok forecasts that growth in chicken meat production and consumption will be 2-3 percent in 2022 and 2023. The anticipated slow recovery in domestic consumption and high production costs caused by supply disruption on feed grains and day-old chicks will keep the growth rate below the pre-pandemic average annual growth rate.

Paraguayan beef exports in 2023 are forecast to decline to 390,000 tons carcass weight equivalent, the second drop in a row thanks to declining cattle production. The country is suffering from the third consecutive year of La Niña conditions, which leads to dry weather in most regions.