Not roasted and not cooked groundnuts market in Thailand

Earlier Report Observations

The market volume for not roasted and not cooked groundnuts in Thailand showed considerable volatility from 2018 to 2023. Starting at 103 thousand tonnes in 2018, it fell sharply to 67 thousand tonnes in 2019 before recovering to 96 thousand tonnes in 2020. The market then underwent a gradual correction, stabilizing in the range of 86 to 91 thousand tonnes through 2021 to 2023.

In 2024, industry developments included a noted reduction in the peanut planting area within Phetchaburi province, a key growing region, reflecting a shift in agricultural output. Furthermore, the market saw a continued emphasis on organic certification and aflatoxin-free production, shaping product quality and consumer preferences, while domestic prices for dried peanuts in shell experienced a downward fluctuation.

Production not roasted and not cooked groundnuts in Thailand

In kind, 2017-2020, t

Top producers of not roasted and not cooked groundnuts, 2017-2020

World map of production of not roasted and not cooked groundnuts, 2017-2020

Thailand's production of unroasted and uncooked groundnuts has declined for the third consecutive year. In 2020, Thailand produced 29,299 tonnes of these groundnuts, representing a 5.8% decrease compared to the previous year. From 2017 to 2020, production fell by 14.3%, which translates to an average annual decline of 5.0%.

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

Exports not roasted and not cooked groundnuts from Thailand

Exports in kind, t

The market showed an unstable trend over the period. Export volumes reached their lowest point in 2019 and peaked in 2017, with a 71-fold difference between these years. In 2020, Thailand exported 752 tonnes of unroasted and uncooked groundnuts, marking a sharp increase of 3,097.5% year-over-year. The minimum volume was recorded in 2019 at 24 tonnes, with the largest decline of 98.4% also occurring that year.

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

From 2017 to 2020, Malaysia, Myanmar, and Cambodia were the key partners for Thailand's exports of unroasted and uncooked groundnuts in volume terms. Malaysia accounted for 40.9% of exports, Myanmar for 17.1%, and Cambodia for 12.6%. Together, these three countries made up 70.7% of total 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, K $ US

The market exhibited an unstable trend throughout the timeframe. Export values dropped to their minimum in 2019 and climbed to their maximum in 2017, showing a 30-fold shift. In 2020, Thailand exported unroasted and uncooked groundnuts worth 1,138 thousand US dollars, corresponding to a sharp increase of 1,390.1% compared to the previous year. The minimum value was recorded in 2019 at 76 thousand US dollars, with the largest decline of 96.3% also occurring that year.

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

From 2017 to 2020, Malaysia, the United States, and Myanmar continued to be the main buyers of Thailand's unroasted and uncooked groundnuts in value terms. Malaysia accounted for 48.4% of exports, the United States for 12.6%, and Myanmar for 12.3%. Collectively, these three markets formed 73.2% of total export value.

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 roasted and not cooked groundnuts to Thailand

Imports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Import volumes reached their lowest point in 2019 and their highest in 2018, with a peak-to-trough ratio of 1.9 times. In 2020, Thailand imported 67,460 tonnes of unroasted and uncooked groundnuts, marking a steep increase of 85.6% versus the previous year. The minimum volume was recorded in 2019 at 36,347 tonnes, while the maximum was in 2018 at 70,726 tonnes. The largest decline of 48.6% occurred in 2019.

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

Throughout 2017 to 2020, China and Myanmar concentrated 80.7% of Thailand's total imports of unroasted and uncooked groundnuts in volume terms. The remaining share was distributed among other destinations, each with smaller individual contributions.

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, K $ US

In 2020, Thailand imported unroasted and uncooked groundnuts worth 68,123 thousand US dollars, amounting to a sudden gain of 36.7% compared to the previous year. Over the period from 2017 to 2020, imports decreased by 3%, with a compound annual growth rate of -1.0%. The minimum value was recorded in 2019 at 49,828 thousand US dollars, while the maximum was in 2018 at 71,652 thousand US dollars. The largest decline of 30.5% occurred in 2019.

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

From 2017 to 2020, China and Myanmar were the core markets for Thailand's imports of unroasted and uncooked groundnuts in value terms, jointly accounting for 100.0% of total flows. Other destinations had comparatively modest shares.

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

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