Browse Data and Analysis

Export prices decreased 1-2 percent due to further weakening of the Thai baht.

Export prices decreased 2-8 percent as new-crop rice supplies began entering the market.

Export prices decreased 1-4 percent due to the further weakening of the Thai baht.

This report contains information about Thailand’s food service industry. It provides an overview of market opportunities and key channels of distribution for U.S. food and beverage products destined for the food service market in Thailand.

Sugar production recovered to normal levels of around 10 million metric tons in MY2021/22 and is likely to further increase by 3 percent in MY2022/23. Sugar production, however, remains far below record production levels due to limited acreage.

Export prices slightly increased due to the strengthening of the Thai baht.

Rice export prices remain unchanged due to quiet trading activities.

The Cabinet agreed to allocate a budget of 60.36 billion baht (U.S. $1.98 billion) for three agricultural price subsidy programs for small rice and oil palm farmers.

Rice export prices remain unchanged as exporters are concerned about current exchange rate volatility.

While a dry spell caused marginal damage on rice and corn production in MY2019/20, the impact of fall armyworm infestation adversely affected corn production to a greater extent.

Thailand’s chicken production, domestic consumption, and exports are expected to further grow in 2019 and 2020.