Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Thailand - 2024
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Thailand (CIF) - 2024
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Thailand (FOB) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Thailand
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Thailand
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Thailand (CIF) - 2024
The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $468 per ton in January 2024, with an increase of 5.9% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 13% m-o-m. As a result, import price reached the peak level of $483 per ton. From March 2023 to January 2024, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From January 2023 to January 2024, the rate of growth in terms of prices for India amounted to -1.0% per month.
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Thailand (FOB) - 2022
The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $221 per ton in 2021, reducing by -42.9% against the previous year. Over the period under review, the export price recorded a precipitous contraction. The most prominent rate of growth was recorded in 2013 an increase of 136% against the previous year. As a result, the export price attained the peak level of $4,516 per ton. From 2014 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($386 per ton), while the average price for exports to Myanmar totaled $71 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+191.2%).
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Thailand
After three years of growth, overseas purchases of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by -62.6% to 39K tons in 2022. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 660% against the previous year. As a result, imports reached the peak of 103K tons, and then declined remarkably in the following year.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) dropped notably to $11M in 2022. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 517% against the previous year. As a result, imports attained the peak of $26M, and then declined significantly in the following year.
Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | N/A | 1.9 | 24.1 | 8.4 | 110.3% |
India | 1.8 | 2.2 | 1.8 | 2.1 | 5.3% |
Others | N/A | 0.1 | N/A | N/A | 0% |
Total | 1.8 | 4.2 | 25.9 | 10.6 | 80.6% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Thailand in 2022:
- Myanmar (33.6K tons)
- India (4.9K tons)
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Thailand
In 2021, after two years of growth, there was significant decline in overseas shipments of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn), when their volume decreased by -98.3% to 5.9 tons. In general, exports continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 835%. As a result, the exports reached the peak of 355 tons, and then dropped notably in the following year.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) fell rapidly to $1.3K in 2021. Over the period under review, exports faced a significant contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 779% against the previous year. As a result, the exports attained the peak of $138K, and then plummeted in the following year.
Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
India | 15.2 | 138 | 1.1 | -73.1% | |
Myanmar | N/A | N/A | 0.2 | 0% | |
Others | 0.5 | N/A | N/A | 0% | |
Total | 15.7 | 138 | 1.3 | -71.2% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Thailand in 2022:
- Myanmar (3.1 tons)
- India (2.8 tons)
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This report provides an in-depth analysis of the market for flaked or rolled cereal in Thailand.
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From 2007 to 2016, the global cereal grains market showed an upward trend, expanding by X%, to X tons in 2016. According to IndexBox estimates, over the last nine years the cereal grain market grew with a CAGR of +X%. Maize accounted for the h
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