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Thailand - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingShelled Bean Price in Thailand - 2024
Contents:
- Shelled Bean Price in Thailand (FOB) - 2024
- Shelled Bean Price in Thailand (CIF) - 2022
- Shelled Bean Exports in Thailand
- Shelled Bean Imports in Thailand
Shelled Bean Price in Thailand (FOB) - 2024
The average shelled bean export price stood at $1,480 per ton in March 2024, surging by 91% against the previous month. In general, the export price continues to indicate a pronounced expansion. The pace of growth was the most pronounced in May 2023 an increase of 182% against the previous month. Over the period under review, the average export prices reached the maximum at $2,358 per ton in November 2023; however, from December 2023 to March 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Lao People's Democratic Republic ($7,970 per ton), while the average price for exports to Vietnam ($1,139 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+31.8%), while the prices for the other major destinations experienced more modest paces of growth.
Shelled Bean Price in Thailand (CIF) - 2022
In 2022, the average shelled bean import price amounted to $614 per ton, waning by -3.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 101%. As a result, import price attained the peak level of $1,189 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
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 the United States ($1,963 per ton), while the price for Mexico ($343 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+1.6%), while the prices for the other major suppliers experienced a decline.
Shelled Bean Exports in Thailand
In 2022, approx. 6.9K tons of shelled beans (dry) were exported from Thailand; jumping by 83% on the year before. Over the period under review, exports posted a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, shelled bean exports declined to $4.2M in 2022. In general, exports, however, saw a deep slump. The smallest decline of -2.4% was in 2021.
Export of Shelled Bean in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lao People's Democratic Republic | 57.3 | 38.8 | 416 | 1,378 | 188.6% |
Singapore | 607 | 529 | 676 | 591 | -0.9% |
United States | 563 | 833 | 1,194 | 571 | 0.5% |
Taiwan (Chinese) | 738 | 927 | 692 | 547 | -9.5% |
South Korea | 44.2 | 303 | 181 | 178 | 59.1% |
Japan | 421 | 218 | 363 | 171 | -25.9% |
Indonesia | N/A | 28.4 | 77.5 | 130 | 114.0% |
Vietnam | 132 | 750 | 10.2 | 62.0 | -22.3% |
China | 1,724 | 148 | 314 | N/A | -57.3% |
Others | 720 | 827 | 569 | 591 | -6.4% |
Total | 5,007 | 4,602 | 4,492 | 4,218 | -5.6% |
Top Export Markets for Shelled Bean from Thailand in 2022:
- Lao People's Democratic Republic (2364.0 tons)
- Taiwan (Chinese) (470.3 tons)
- Singapore (411.0 tons)
- United States (287.5 tons)
- South Korea (126.3 tons)
- Japan (124.5 tons)
- Indonesia (110.8 tons)
- Vietnam (41.6 tons)
Shelled Bean Imports in Thailand
In 2022, approx. 2.7K tons of shelled beans (dry) were imported into Thailand; growing by 6.4% compared with 2021. In general, imports posted prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 101%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, shelled bean imports expanded modestly to $1.7M in 2022. Over the period under review, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year.
Import of Shelled Bean in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lao People's Democratic Republic | 1,432 | 391 | 748 | 1,078 | -9.0% |
Myanmar | 42.8 | 200 | 342 | 299 | 91.2% |
United States | 113 | 88.1 | 80.2 | 169 | 14.4% |
Mexico | N/A | N/A | 25.4 | 41.2 | 62.2% |
Canada | 352 | 162 | 146 | N/A | -35.6% |
Others | 100 | 53.6 | 272 | 71.0 | -10.8% |
Total | 2,039 | 895 | 1,615 | 1,659 | -6.6% |
Top Suppliers of Shelled Bean to Thailand in 2022:
- Lao People's Democratic Republic (2041.8 tons)
- Myanmar (415.4 tons)
- Mexico (120.0 tons)
- United States (86.1 tons)
This report provides an in-depth analysis of the shelled bean 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:
- FCL 195 - Cow peas, dry
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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The exports of Dry Bean experienced a significant decline, falling to $3.3M in November 2023, after a period from April 2023 to November 2023 with no regained growth momentum in terms of value.
The most significant growth rate was observed in October 2022 when imports of Pulses increased by 153% compared to the previous month. In terms of value, Pulses imports declined significantly to $4.6M in September 2023.
The price of Fresh Chicken Cut in June 2023 was $2,488 per ton (FOB, Thailand), showing a decline of 5.2% compared to the previous month.
Global cow peas consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
In 2015, the countries with the highest levels of cow peas production were Niger (X thousand tons), Nigeria (X thousand tons), Burkina Faso (X thousand tons), together accounting for X% of total output.
Despite a miserable 2014 in cow pea exports, the U.S. hung on to be one of the leaders in the global cow pea trade. In 2014, the U.S. exported X thousand tons of cow peas totaling X thousand USD, X% under the previous year. Its primary trading p
Global dry bean exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
Global dry bean imports amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
In 2015, the countries with the highest levels of production in 2015 were Myanmar (X thousand tons), India (X thousand tons), Brazil (X thousand tons), together accounting for X% of total output.
Despite plummeting exports in 2014, China continued to lead the way in the global dry bean trade. In 2014, China exported X thousand tons of dry beans totaling X million USD, X% under the previous year. Its primary trading partner was Italy, whe