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

From September 6-8, 2022, the Agricultural Trade Office (ATO) in Hong Kong hosted the strongest national pavilion at Restaurant and Bar, one of the largest food trade shows in Hong Kong. Seven U.S. exhibitors showcased their quality products to over 8,000 trade visitors.

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.

Since the COVID-19 outbreak in 2020, travel and dining restrictions decimated tourism to the city and negatively impacted the hospitality sector. Hong Kong’s restaurant receipts dropped from $14.4 billion in 2019 to $11.9 billion in 2021.

Following the success of our virtual seminar at the Hong Kong Polytechnic University in March 2022, ATO Hong Kong partnered again with the University to co-host an educational cooking demonstration and lecture on July 18, 2022. The class highlighted versatile, sustainable, and delicious USA foods through the culinary presentations of two dynamic chefs.