Browse Data and Analysis

FAS/Bangkok (Post) revised down MY2022/23 rice production slightly to 19.9 MMT due to flood damage on main-crop rice production. MY2022/23 corn production and imports, as well as wheat imports, remain unchanged from the previous forecast.

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.

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

FAS Bangkok forecasts that growth in chicken meat production and consumption will be 2-3 percent in 2022 and 2023. The anticipated slow recovery in domestic consumption and high production costs caused by supply disruption on feed grains and day-old chicks will keep the growth rate below the pre-pandemic average annual growth rate.

Demand for Thai rice pushes export prices higher despite the weakening of the Thai baht.

Rice export prices trend upward due to strong demand from foreign buyers.

Rice export prices increased one percent, driven by new inquiries amid the weakening of the Thai Baht.