Browse Data and Analysis

Sugar production recovered to normal levels of around 10 million metric tons in MY2021/22 and is likely to further increase by 3 percent in MY2022/23. Sugar production, however, remains far below record production levels due to limited acreage.

Export prices slightly increased due to the strengthening of the Thai baht.

Export prices decreased 1-2 percent due to the further weakening of the Thai baht.

FAS Bangkok forecasts that growth in chicken meat production and consumption will be 2-3 percent in 2022 and 2023. The anticipated slow recovery in domestic consumption and high production costs caused by supply disruption on feed grains and day-old chicks will keep the growth rate below the pre-pandemic average annual growth rate.

Demand for Thai rice pushes export prices higher despite the weakening of the Thai baht.

Rice export prices trend upward due to strong demand from foreign buyers.

Rice export prices increased one percent, driven by new inquiries amid the weakening of the Thai Baht.

Rice export prices remain unchanged as the further weakening of the Thai baht offset increased domestic rice prices.

Posts forecasts that marketing year (MY) 2022/23 rice production will increase for the third consecutive year due to available water supply and abundant precipitation. High prices of chemical fertilizers and other inputs will likely impact corn production and yield as farmers apply less chemical fertilizer this season.

Rice export prices decreased 1-2 percent due to the weakening of the Thai baht.

The successful physical U.S. pavilion at Thaifex Anuga Asia 2022 featured a variety of U.S. food and beverages products and partnered with nine U.S. cooperators and one state department of agriculture as well as 16 importers. Thaifex Anuga Asia was well attended this year with over 51,000 visitors.

Rice export prices increased 2-4 percent due to the appreciation of the Thai baht.