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Export prices of white and parboiled rice increased one percent as the Thai baht strengthened against the U.S. dollar.
Export prices of white and parboiled rice remained unchanged as the weakening of the Thai baht offset higher domestic prices for Thai rice.
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.
MY2021/22 sugar production and exports are on pace to recover from the record low production in MY2020/21 with the help of favorable weather conditions.
Export prices of white and parboiled rice increased one percent due to new inquiries from foreign buyers, particularly from African markets.
Export prices of all grades of rice remained unchanged despite a further weakening of the Thai baht against the U.S. dollar.
MY2021/22 rice production remains unchanged at 21 million metric tons. Post revised down Thai rice exports to 5.8 million metric tons in 2021 due to high freight costs and a lack of available shipping containers.
Export prices of white and parboiled rice declined 1-2 percent due to a further weakening of the Thai baht against the U.S. dollar.
Thailand’s pet food market experienced steady growth due to the rise of “pet humanisation” and an increasing cat population.
Export prices of all grades of rice remain unchanged despite the weakening of the Thai baht against the U.S. dollar and slow trading activities.
Post expects chicken meat production to increase slightly in 2021 with sluggish domestic and export demand and supply disruptions from the prolonged outbreak of COVID-19.
Plant-based diets and meat substitutes are gaining popularity and are capturing the interest of Thai consumers.