Thailand - Meat Preparations of Poultry - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Meat Preparations of Poultry in Thailand - 2023
Contents:
- Price for Meat Preparations of Poultry in Thailand (FOB) - 2023
- Price for Meat Preparations of Poultry in Thailand (CIF) - 2022
- Exports of Meat Preparations of Poultry in Thailand
- Imports of Meat Preparations of Poultry in Thailand
Price for Meat Preparations of Poultry in Thailand (FOB) - 2023
In July 2023, the average meat preparations of poultry export price amounted to $4,599 per ton, flattening at the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 6% m-o-m. Over the period under review, the average export prices reached the peak figure at $4,911 per ton in January 2023; however, from February 2023 to July 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In July 2023, the highest price was recorded for prices to Singapore ($5,143 per ton) and Japan ($4,755 per ton), while the average price for exports to Ireland ($3,896 per ton) and Germany ($4,088 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat Preparations of Poultry in Thailand (CIF) - 2022
In 2022, the average meat preparations of poultry import price amounted to $5,532 per ton, rising by 28% against the previous year. Over the period under review, the import price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 36% against the previous year. The import price peaked at $11,277 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($16,521 per ton), while the price for the UK ($653 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat Preparations of Poultry in Thailand
In 2022, exports of meat preparations of poultry from Thailand surged to 652K tons, rising by 19% compared with the year before. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, meat preparations of poultry exports surged to $2.9B in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Meat Preparations of Poultry in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 1,422 | 1,399 | 1,332 | 1,440 | 0.4% |
United Kingdom | 619 | 535 | 481 | 719 | 5.1% |
Netherlands | 145 | 113 | 139 | 248 | 19.6% |
South Korea | 132 | 106 | 95.9 | 145 | 3.2% |
Singapore | 80.0 | 86.1 | 87.9 | 110 | 11.2% |
Ireland | 31.2 | 28.5 | 36.5 | 57.2 | 22.4% |
Canada | 33.3 | 30.3 | 28.5 | 47.0 | 12.2% |
Germany | 54.9 | 45.0 | 39.2 | 45.0 | -6.4% |
Others | 77.5 | 72.2 | 69.5 | 89.3 | 4.8% |
Total | 2,594 | 2,415 | 2,309 | 2,900 | 3.8% |
Top Export Markets for Meat Preparations of Poultry from Thailand in 2022:
- Japan (310.5K tons)
- United Kingdom (172.7K tons)
- Netherlands (56.3K tons)
- South Korea (31.1K tons)
- Singapore (23.7K tons)
- Ireland (14.4K tons)
- Canada (10.9K tons)
- Germany (10.8K tons)
Imports of Meat Preparations of Poultry in Thailand
In 2022, overseas purchases of meat preparations of poultry decreased by -7.3% to 364 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 426%. As a result, imports reached the peak of 550 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, meat preparations of poultry imports skyrocketed to $2M in 2022. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 380% against the previous year. As a result, imports attained the peak of $2.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Meat Preparations of Poultry in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 230 | 227 | 264 | 282 | 7.0% |
Singapore | 114 | 63.2 | 24.7 | 86.9 | -8.7% |
Malaysia | 38.5 | 1.4 | N/A | 15.7 | -25.8% |
United Kingdom | 17.5 | 17.3 | 4.8 | 6.5 | -28.1% |
Poland | 4.8 | 4.2 | 2.5 | 3.9 | -6.7% |
Japan | 79.7 | 2.1 | 0.9 | 0.1 | -89.2% |
Turkey | N/A | N/A | 16.2 | N/A | 0% |
Others | 5.0 | 2,034 | 1,388 | 1,621 | 587.0% |
Total | 489 | 2,349 | 1,701 | 2,016 | 60.3% |
Top Suppliers of Meat Preparations of Poultry to Thailand in 2022:
- Japan (undefined tons)
- United States (61.8 tons)
- United Kingdom (9.9 tons)
- Poland (5.5 tons)
- Singapore (5.3 tons)
- Malaysia (1.7 tons)
This report provides an in-depth analysis of the market for meat preparations of poultry 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 10131535 - Other prepared or preserved poultry meat (excluding sausages, preparations of liver and prepared meals and dishes)
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
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