Flakes; of Potatoes Price in Thailand - 2023
Contents:
- Flakes; of Potatoes Price in Thailand (CIF) - 2022
- Flakes; of Potatoes Price in Thailand (FOB) - 2022
- Flakes; of Potatoes Imports in Thailand
- Flakes; of Potatoes Exports in Thailand
Flakes; of Potatoes Price in Thailand (CIF) - 2022
The average flakes; of potatoes import price stood at $1,455 per ton in 2022, surging by 9.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 18%. The import price peaked at $1,590 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($1,748 per ton) and the Netherlands ($1,505 per ton), while the price for Germany ($1,344 per ton) and Denmark ($1,457 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Flakes; of Potatoes Price in Thailand (FOB) - 2022
The average flakes; of potatoes export price stood at $2,012 per ton in 2022, dropping by -4.6% against the previous year. In general, the export price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2016 an increase of 127%. As a result, the export price attained the peak level of $3,967 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($7,526 per ton), while the average price for exports to the United Arab Emirates ($443 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+226.5%), while the prices for the other major destinations experienced more modest paces of growth.
Flakes; of Potatoes Imports in Thailand
In 2022, approx. 5.6K tons of flakes; of potatoeses were imported into Thailand; with an increase of 5.3% on 2021 figures. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, flakes; of potatoes imports soared to $8.1M in 2022. The total import value increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Flakes; of Potatoes in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1.1 | 1.7 | 4.4 | 3.6 | 48.5% |
| Germany | 2.6 | 2.1 | 1.7 | 2.7 | 1.3% |
| India | 0.9 | 0.7 | 0.5 | 1.1 | 6.9% |
| United States | 1.1 | 0.7 | N/A | 0.5 | -23.1% |
| Netherlands | 0.1 | 0.3 | 0.4 | 0.1 | 0.0% |
| China | 0.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 6.2 | 5.6 | 7.1 | 8.1 | 9.3% |
Top Suppliers of Flakes; of Potatoes to Thailand in 2022:
- Denmark (2488.5 tons)
- Germany (1992.8 tons)
- India (755.4 tons)
- United States (293.1 tons)
- Netherlands (51.1 tons)
Flakes; of Potatoes Exports in Thailand
In 2022, approx. 61 tons of flakes; of potatoeses were exported from Thailand; falling by -17% compared with the previous year. Overall, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 131%. As a result, the exports attained the peak of 74 tons, and then fell sharply in the following year.
In value terms, flakes; of potatoes exports declined remarkably to $123K in 2022. Over the period under review, exports, however, recorded a resilient increase. The growth pace was the most rapid in 2020 when exports increased by 53%.
| Export of Flakes; of Potatoes in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 5.1 | 51.0 | 44.1 | 68.9 | 138.2% |
| Sweden | 4.8 | 24.2 | 45.4 | 16.8 | 51.8% |
| United Arab Emirates | N/A | 3.2 | 6.1 | 16.3 | 125.7% |
| Cambodia | 3.1 | 3.1 | 3.6 | 9.2 | 43.7% |
| Vietnam | 2.5 | 2.0 | 7.1 | 7.6 | 44.9% |
| Israel | N/A | N/A | N/A | 3.6 | 0% |
| Myanmar | 52.4 | 0.2 | 0.4 | 0.2 | -84.4% |
| Indonesia | N/A | N/A | 35.6 | N/A | 0% |
| Egypt | N/A | 6.7 | 7.4 | N/A | 10.4% |
| Others | 3.6 | 18.6 | 6.0 | 0.8 | -39.4% |
| Total | 71.5 | 109 | 156 | 123 | 19.8% |
Top Export Markets for Flakes; of Potatoes from Thailand in 2022:
- United Arab Emirates (36.7 tons)
- Hong Kong SAR (9.2 tons)
- Cambodia (6.0 tons)
- Sweden (5.3 tons)
- Israel (1.6 tons)
- Vietnam (1.6 tons)
- Myanmar (0.1 tons)
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