Price for Cereal Grains; Rolled or Flaked, of Oats in Thailand - 2024

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Oats in Thailand (CIF) - 2022
2. Price for Cereal Grains; Rolled or Flaked, of Oats in Thailand (FOB) - 2022
3. Imports of Cereal Grains; Rolled or Flaked, of Oats in Thailand
4. Exports of Cereal Grains; Rolled or Flaked, of Oats in Thailand

Price for Cereal Grains; Rolled or Flaked, of Oats in Thailand (CIF) - 2022

The average import price for cereal grains; rolled or flaked, of oatses stood at $894 per ton in 2022, surging by 1.7% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 4.8%. The import price peaked at $929 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Malaysia ($1,471 per ton), while the price for Chile ($746 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Grains; Rolled or Flaked, of Oats in Thailand (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $1,727 per ton, falling by -67% against the previous year. Overall, the export price recorded a mild decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 78%. The export price peaked at $5,237 per ton in 2021, and then shrank significantly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($3,877 per ton), while the average price for exports to Malaysia ($1,573 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 Cambodia (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Rolled or Flaked, of Oats in Thailand

For the fourth year in a row, Thailand recorded growth in overseas purchases of cereal grains; rolled or flaked, of oatses, which increased by 36% to 2.8K tons in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; rolled or flaked, of oatses soared to $2.5M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Thailand in 2022:

1. Australia (1962.0 tons)
2. Malaysia (509.8 tons)
3. Chile (312.0 tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Thailand

In 2022, the amount of cereal grains; rolled or flaked, of oatses exported from Thailand soared to 302 tons, rising by 279% on 2021 figures. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,105% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of cereal grains; rolled or flaked, of oatses soared to $522K in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,293% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Thailand in 2022:

1. Malaysia (254.9 tons)
2. Myanmar (34.1 tons)
3. Cambodia (11.4 tons)

Source: IndexBox Market Intelligence Platform