Thailand - Poultry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPoultry Price in Thailand - 2023
Contents:
- Poultry Price in Thailand (FOB) - 2022
- Poultry Price in Thailand (CIF) - 2022
- Poultry Exports in Thailand
- Poultry Imports in Thailand
Poultry Price in Thailand (FOB) - 2022
In 2022, the average poultry export price amounted to $3,173 per ton, rising by 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. The growth pace was the most rapid in 2020 when the average export price increased by 49% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($4,435 per ton), while the average price for exports to Cambodia ($1,134 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 China (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Poultry Price in Thailand (CIF) - 2022
The average poultry import price stood at $9,982 per ton in 2022, declining by -28.2% against the previous year. Overall, the import price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2021 an increase of 320%. As a result, import price attained the peak level of $13,900 per ton, and then fell markedly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($26,157 per ton), while the price for Australia ($2,161 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+24.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Poultry Exports in Thailand
In 2022, poultry exports from Thailand stood at 365K tons, approximately reflecting 2021 figures. In general, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 3.9%.
In value terms, poultry exports soared to $1.2B in 2022. The total export value increased at an average annual rate of +12.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Poultry in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 359 | 347 | 362 | 443 | 7.3% |
| China | 222 | 354 | 327 | 379 | 19.5% |
| Malaysia | 79.7 | 79.4 | 88.8 | 164 | 27.2% |
| Hong Kong SAR | 33.3 | 40.0 | 40.0 | 44.6 | 10.2% |
| South Korea | 27.8 | 19.4 | 32.8 | 36.1 | 9.1% |
| Singapore | 2.9 | 22.2 | 3.5 | 17.4 | 81.7% |
| Cambodia | 7.6 | 7.4 | 8.7 | 9.8 | 8.8% |
| Lao People's Democratic Republic | 36.5 | 6.5 | 6.7 | 5.5 | -46.8% |
| Others | 45.2 | 37.4 | 45.7 | 59.1 | 9.3% |
| Total | 814 | 914 | 915 | 1,158 | 12.5% |
Top Export Markets for Poultry from Thailand in 2022:
- Japan (141.4K tons)
- China (85.4K tons)
- Malaysia (72.5K tons)
- South Korea (12.2K tons)
- Hong Kong SAR (11.7K tons)
- Cambodia (8.7K tons)
- Singapore (6.1K tons)
- Lao People's Democratic Republic (4.4K tons)
Poultry Imports in Thailand
In 2022, supplies from abroad of poultry decreased by -49.2% to 76 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 73%. As a result, imports reached the peak of 1.1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, poultry imports dropped notably to $761K in 2022. Overall, imports showed a dramatic descent. The growth pace was the most rapid in 2020 when imports increased by 2.4%. As a result, imports reached the peak of $3.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Poultry in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 1,990 | 1,453 | 976 | 419 | -40.5% |
| France | 813 | 595 | 1,064 | 278 | -30.1% |
| Australia | 130 | 187 | N/A | 49.4 | -27.6% |
| Poland | N/A | 17.4 | N/A | N/A | 0% |
| Ukraine | N/A | 110 | N/A | N/A | 0% |
| India | 153 | N/A | N/A | N/A | 0% |
| Turkey | N/A | 456 | N/A | N/A | 0% |
| Pakistan | 113 | 33.9 | N/A | N/A | -70.0% |
| Brazil | 115 | 100 | 19.2 | N/A | -59.1% |
| Others | 400 | 850 | 24.6 | 15.3 | -66.3% |
| Total | 3,714 | 3,803 | 2,084 | 761 | -41.0% |
Top Suppliers of Poultry to Thailand in 2022:
- Brazil (undefined tons)
- France (24.6 tons)
- Australia (22.9 tons)
- Hungary (16.0 tons)
This report provides an in-depth analysis of the poultry market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1058 - Chicken meat
- FCL 1059 - Offals and liver of chickens
- FCL 1069 - Duck meat
- FCL 1073 - Goose meat
- FCL 1074 - Offals and liver of geese
- FCL 1075 - Offals and liver of ducks
- FCL 1080 - Turkey meat
- FCL 1081 - Offals and liver of turkey
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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