Thailand - Breakfast Cereals - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBreakfast Cereal Price in Thailand - 2023
Contents:
- Breakfast Cereal Price in Thailand (FOB) - 2023
- Breakfast Cereal Price in Thailand (CIF) - 2022
- Breakfast Cereal Exports in Thailand
- Breakfast Cereal Imports in Thailand
Breakfast Cereal Price in Thailand (FOB) - 2023
In September 2023, the average breakfast cereal export price amounted to $3,189 per ton, almost unchanged from the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in December 2022 an increase of 8.3% month-to-month. Over the period under review, the average export prices reached the peak figure at $3,375 per ton in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($8,715 per ton), while the average price for exports to the Philippines ($1,198 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Breakfast Cereal Price in Thailand (CIF) - 2022
In 2022, the average breakfast cereal import price amounted to $3,143 per ton, rising by 4.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $3,384 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,673 per ton), while the price for Australia ($1,591 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Breakfast Cereal Exports in Thailand
In 2022, the amount of breakfast cereals exported from Thailand expanded remarkably to 74K tons, growing by 11% compared with the previous year. The total export volume increased at an average annual rate of +9.7% 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.
In value terms, breakfast cereal exports expanded rapidly to $221M in 2022. The total export value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Breakfast Cereal in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 44.5 | 50.0 | 46.8 | 51.6 | 5.1% |
United States | 24.2 | 21.9 | 23.5 | 36.6 | 14.8% |
China | 15.5 | 12.6 | 15.7 | 17.0 | 3.1% |
Philippines | 11.4 | 11.7 | 11.7 | 12.7 | 3.7% |
Germany | 6.9 | 8.5 | 10.9 | 12.3 | 21.3% |
Lao People's Democratic Republic | 11.7 | 12.6 | 12.5 | 10.7 | -2.9% |
Denmark | 1.7 | 2.1 | 4.5 | 7.5 | 64.0% |
Cambodia | 4.9 | 5.3 | 5.6 | 7.2 | 13.7% |
Indonesia | 2.7 | 4.7 | 6.4 | 6.7 | 35.4% |
Vietnam | 5.0 | 4.9 | 5.4 | 6.4 | 8.6% |
Myanmar | 6.1 | 7.4 | 7.4 | 6.3 | 1.1% |
Malaysia | 6.1 | 5.9 | 6.4 | 5.9 | -1.1% |
New Zealand | 3.8 | 4.2 | 5.3 | 5.2 | 11.0% |
Others | 35.2 | 39.2 | 41.5 | 35.4 | 0.2% |
Total | 179 | 191 | 204 | 221 | 7.3% |
Top Export Markets for Breakfast Cereal from Thailand in 2022:
- Australia (17.9K tons)
- United States (13.7K tons)
- Philippines (10.6K tons)
- Germany (4.3K tons)
- China (4.2K tons)
- Lao People's Democratic Republic (2.9K tons)
- Cambodia (2.3K tons)
- Denmark (2.0K tons)
- Malaysia (2.0K tons)
- New Zealand (1.8K tons)
- Indonesia (1.5K tons)
- Myanmar (1.3K tons)
- Vietnam (1.3K tons)
Breakfast Cereal Imports in Thailand
In 2022, imports of breakfast cereals into Thailand amounted to 17K tons, leveling off at the previous year. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 4.7% 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, breakfast cereal imports reached $55M in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 5.7% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Breakfast Cereal in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 28.6 | 26.2 | 26.8 | 30.7 | 2.4% |
Malaysia | 5.7 | 6.2 | 6.7 | 8.7 | 15.1% |
Philippines | 2.8 | 2.6 | 3.5 | 1.9 | -12.1% |
Australia | 1.2 | 1.5 | 1.5 | 1.8 | 14.5% |
United States | 1.8 | 1.9 | 1.9 | 1.7 | -1.9% |
South Korea | 0.7 | 1.0 | 1.2 | 1.5 | 28.9% |
Germany | 1.8 | 1.9 | 1.6 | 1.4 | -8.0% |
Belgium | 0.4 | 0.6 | 0.6 | 1.2 | 44.2% |
Turkey | 0.3 | 0.2 | 0.4 | 0.6 | 26.0% |
Vietnam | 1.0 | 1.1 | 1.5 | N/A | 22.5% |
Others | 4.4 | 6.1 | 6.1 | 5.4 | 7.1% |
Total | 48.7 | 49.1 | 51.9 | 54.9 | 4.1% |
Top Suppliers of Breakfast Cereal to Thailand in 2022:
- Vietnam (undefinedK tons)
- China (8.4K tons)
- Malaysia (3.5K tons)
- Australia (1.2K tons)
- United States (0.8K tons)
- Philippines (0.6K tons)
- Germany (0.6K tons)
- South Korea (0.5K tons)
- Turkey (0.4K tons)
- Belgium (0.4K tons)
This report provides an in-depth analysis of the breakfast cereal 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:
- Prodcom 10613351 - Muesli type preparations based on unroasted cereal flakes
- Prodcom 10613355 - Cereals in grain form, precooked or otherwise prepared (excluding maize)
- Prodcom 10613353 - Other prepared foods obtained by the swelling or roasting of cereals
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the breakfast cereal market in Thailand.
This report provides an in-depth analysis of the muesli market in Thailand.
This report provides an in-depth analysis of the precooked cereal grains market in Thailand.
This report provides an in-depth analysis of the market for corn flakes and cereal products in Thailand.
This report provides an in-depth analysis of the global breakfast cereal market.
Global Muesli Market Report 2018. This report provides an in-depth analysis of the global muesli market.
Global Precooked Cereal Grains Market Report 2018. This report provides an in-depth analysis of the global precooked cereal grains market.
This report provides an in-depth analysis of the global market for corn flakes and cereal products.
This report provides an in-depth analysis of the breakfast cereal market in Thailand.
This report provides an in-depth analysis of the muesli market in Thailand.
Discover the world's leading import markets for breakfast cereal and the key statistics behind their success. From the US to Sweden, find out where the demand for breakfast cereal is booming!
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Discover the world's leading import markets for breakfast cereal and the key statistics behind their success. From the US to Sweden, find out where the demand for breakfast cereal is booming!
In value terms, abrasive powder imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fl...
In value terms, abrasive powder exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated so...