Not further prepared dried vegetables market in Thailand

Earlier Report Observations

The market for not further prepared dried vegetables in Thailand began the period at 28 235 t in 2018, a level supported by growing demand from the food service sector and shifts toward busier urban lifestyles, which buoyed the broader processed fruit and vegetable industry. After a dip to 27 102 t in 2019, volumes recovered to 28 509 t in 2020.

Market size then stabilized at 28 635 t in 2021 before climbing to a peak of 29 830 t in 2022. The following year saw a sharp contraction, with the market falling by 23.6% to 22 798 t in 2023.

Production not further prepared dried vegetables in Thailand

In kind, 2017-2020, t

From 2017 to 2020, Thailand held the 18th position globally in the production of not further prepared dried vegetables.

Top producers of not further prepared dried vegetables, 2017-2020

World map of production of not further prepared dried vegetables, 2017-2020

Thailand's production of not further prepared dried vegetables grew for the third year in a row. In 2020, the country produced 12 221 tonnes, marking a 5.1% increase from 2019. Over the 2017-2020 period, production rose by 10.7%, which translates to an average annual growth rate of 3.4%.

Annual dynamics of production in Thailand in kind, 2017-2020, t

Exports not further prepared dried vegetables from Thailand

Exports in kind, t

The market experienced significant fluctuations during this time. Exports peaked in 2018 at 16 324 tonnes and hit their lowest point in 2019 at 1 524 tonnes, showing a 10.7-fold difference between these years. In 2020, Thailand exported 4 462 tonnes, reflecting a sharp year-on-year increase of 192.8%. The largest decline occurred in 2019, with a drop of 90.7%.

Annual dynamics of product's exports from Thailand in kind, 2017-2020, t

Between 2017 and 2020, China, Vietnam, and Myanmar were the key markets for Thailand's exports in kind, accounting for 23.7%, 21.3%, and 13.0% of total exports, respectively. Together, these three countries represented 58.0% of all export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Thailand in kind, 2017-2020

Exports in value, M $ US

The market displayed volatility over the observed period. Export values reached their highest level in 2018 and fell to their lowest in 2019, with a 6.8-fold difference between these peaks. In 2020, exports of not further prepared dried vegetables from Thailand amounted to 17.3 million US dollars, a 175.5% increase compared to 2019. The minimum value was recorded in 2019 at 6.3 million US dollars, while the maximum was in 2018 at 42.7 million US dollars. The largest decline was in 2019, with a decrease of 85.3%.

Annual dynamics of product's exports from Thailand in value, 2017-2020, M $ US

From 2017 to 2020, no single market dominated Thailand's exports in value terms. Laos, Vietnam, and China accounted for 18.8%, 13.0%, and 10.8% of total export value, respectively, combining for 42.6% of the total. Many smaller partners each held modest individual shares.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Thailand in value, 2017-2020

Imports not further prepared dried vegetables to Thailand

Imports in kind, t

In 2020, Thailand imported 20 750 tonnes of not further prepared dried vegetables, a solid 22.1% gain from 2019. Over the 2017-2020 period, imports decreased by 14.9%, equivalent to an average annual decline of 5.3%. The minimum value was in 2019 at 17 001 tonnes, while the maximum was in 2018 at 33 164 tonnes. The largest decline occurred in 2019 with a 48.7% drop, and the largest increase was in 2018 with a 35.9% rise.

Annual dynamics of product's imports to Thailand in kind, 2017-2020, t

Between 2017 and 2020, China was overwhelmingly the main source for Thailand's imports in kind of not further prepared dried vegetables, making up 91.0% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Thailand in kind, 2017-2020

Imports in value, M $ US

The market saw noticeable fluctuations during this period. Import values peaked in 2018 and bottomed out in 2020, with a two-fold difference between these years. In 2020, imports of not further prepared dried vegetables into Thailand totaled 132.1 million US dollars, a 25.3% decrease from 2019. The maximum value was recorded in 2018 at 263.1 million US dollars. The largest decline was in 2019 with a 32.8% drop, while the largest increase was in 2018 with an 86.3% rise.

Annual dynamics of product's imports to Thailand in value, 2017-2020, M $ US

Throughout 2017-2020, China dominated the partner structure for Thailand's imports in value terms, consistently accounting for 100.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Thailand in value, 2017-2020