Browse Data and Analysis

MY 2025/26 sugar production is expected to further increase 2 percent from MY 2024/25. MY 2024/25 sugar demand by industrial uses is likely to decline significantly due to the Chinese ban on Thai sugar syrup exports.

FAS Bangkok forecasts stability, with modest growth expected in rice and corn production, supported by favorable weather and strong domestic demand.

MY 2025/26 soybean crushing demand to grow at a slower pace of two percent due to slow economic recovery with uncertainties from the U.S. reciprocal tariff measures.

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.

All grades of Thai rice have experienced downward pressure on both domestic farm-gate and export prices.

In 2025, the food and dining landscape is evolving with key trends like preserved foods, sustainability, zero-waste cooking, and high-end groceries. Consumers are drawn to long-lasting, shelf-stable foods and eco-friendly practices.

FAS Bangkok forecasts an increase in Thailand's rice and corn production in MY 2024/25 due to acreage expansion and average yield improvement.

Export prices increased approximately 1 percent as exporters are seeking white rice supplies for the new shipments under the government-to-government agreement with China.

Export prices were steady over the past week. The Ministry of Energy is considering conducting a feasibility study on the use of non-food grade rice stocks for ethanol production.

Export prices increased one to three percent mainly due to a correction in domestic prices. New inquiries over the past week were limited to just small shipments.

Export prices rebounded to pre-harvest levels. Also, the cabinet approved the expansion of the pledging program to include all MY2016/17 main-crop rice varieties.

The majority of main-crop rice and corn supplies have entered the market creating downward pressure on farm-gate prices.