Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Thailand - 2024
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Thailand (CIF) - 2022
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Thailand (FOB) - 2022
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Thailand
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Thailand
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Thailand (CIF) - 2022
The average import price for edible products of animal origin; not elsewhere specified or includeds stood at $23,727 per ton in 2022, dropping by -36.9% against the previous year. Overall, the import price continues to indicate a sharp decrease. The most prominent rate of growth was recorded in 2013 an increase of 81% against the previous year. As a result, import price reached the peak level of $666,014 per ton. From 2014 to 2022, the average 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 Indonesia ($55,699 per ton), while the price for China stood at $5,179 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-17.4%).
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Thailand (FOB) - 2022
In 2022, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $9,675 per ton, waning by -31.5% against the previous year. Over the period under review, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2013 an increase of 94% against the previous year. The export price peaked at $53,335 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
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 Hong Kong SAR ($40,752 per ton), while the average price for exports to Cambodia ($2,884 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 New Zealand (+10.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Thailand
For the fourth year in a row, Thailand recorded growth in overseas purchases of edible products of animal origin; not elsewhere specified or includeds, which increased by 29% to 1.8K tons in 2022. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds reduced rapidly to $43M in 2022. In general, imports, however, recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 27%.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 45.7 | 35.2 | 48.5 | 36.9 | -6.9% |
| China | 6.8 | 6.0 | 4.1 | 5.9 | -4.6% |
| Others | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
| Total | 52.7 | 41.3 | 52.6 | 42.9 | -6.6% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Thailand in 2022:
- China (1146.1 tons)
- Indonesia (663.2 tons)
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Thailand
In 2022, the amount of edible products of animal origin; not elsewhere specified or includeds exported from Thailand surged to 470 tons, rising by 112% against the year before. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds skyrocketed to $4.5M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 42.3 | 90.7 | 742 | 1,796 | 248.9% |
| Singapore | 2,455 | 455 | 484 | 709 | -33.9% |
| United States | 110 | 292 | 454 | 577 | 73.8% |
| Cambodia | 30.5 | 267 | 350 | 527 | 158.5% |
| China | 898 | 433 | 426 | 281 | -32.1% |
| Japan | 110 | 167 | 54.6 | 221 | 26.2% |
| Hong Kong SAR | 535 | 307 | 234 | 99.2 | -43.0% |
| Australia | N/A | 0.6 | 25.0 | 49.6 | 809.2% |
| Lao People's Democratic Republic | 89.0 | 5.7 | 14.6 | 12.7 | -47.7% |
| Others | 280 | 273 | 338 | 269 | -1.3% |
| Total | 4,548 | 2,289 | 3,121 | 4,542 | -0.0% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Thailand in 2022:
- Myanmar (207.7 tons)
- Cambodia (182.7 tons)
- United States (30.4 tons)
- Japan (14.0 tons)
- Australia (10.0 tons)
- China (4.5 tons)
- Singapore (4.4 tons)
- Hong Kong SAR (2.4 tons)
- Lao People's Democratic Republic (1.9 tons)
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