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- (-) June 2023
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This report includes updates in Section I. Food Laws: 1.2 Prohibited Food or Substances and 1.3.1 Pre-marketing Control...
This report lists certificates required by Thai government agencies for U.S. products exported to Thailand, including fruit and vegetables, live animals, beef, canned or preserved meat and poultry products, other processed meat products, processed or frozen seafood...
Export and domestic rice prices increased one percent due to continued demand for Thai rice and attractive prices.
New inquiries from foreign buyers drove rice export rice prices slightly higher.
Export and domestic rice prices decreased despite the strengthening of the Thai baht.
The Thai food industry will face many new challenges and opportunities in 2023 as the sector gradually recovers from the global pandemic.
Rice export prices increased 1-3 percent due to the strengthening of the Thai baht.
Thailand is likely to lower biofuel consumption targets in the new AEDP 2022 due to expected lower fuel demand after 2027. The Thai government anticipates more electric vehicles on the road and increased rapid mass transit system, as well as double-track railway routes.
Export rice prices decreased one percent due to the weakening of the Thai baht.
Export prices of white and parboiled rice further declined by 1 to 2 percent while prices for fragrant rice continued to increase.
Export prices declined significantly by 5 to 10 percent as foreign buyers are waiting for new supplies of MY2017/18 off-season rice which will enter the market in the next couple of weeks.
Export prices of most grades of rice further declined 2 percent, except for fragrant rice prices which continued to increase due to tighter domestic supplies.