Earlier Report Observations
The market volume for fresh, chilled, frozen or dried taro in Thailand generally increased from 103.1 thousand tons in 2018 to 105.4 thousand tons in 2023. This period was marked by overall growth, though the path was not steady.
After rising to a peak of 106.6 thousand tons in 2020, the market contracted to 103.5 thousand tons in 2021. It then recovered to 105.5 thousand tons in 2022 before stabilizing at 105.4 thousand tons in 2023.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Thailand
- 5.1.1. Annual dynamics of production in Thailand in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Thailand in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Thailand
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Thailand in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Thailand by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Thailand in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Thailand by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Thailand, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Thailand by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Thailand in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Thailand by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Thailand in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Thailand by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Thailand, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Thailand by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Thailand in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Thailand by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Thailand in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Thailand by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Thailand, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Thailand by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Thailand in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Thailand by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Thailand in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Thailand by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Thailand, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Thailand by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production taro in Thailand
In kind, 2017-2020, K t
From 2017 to 2020, Thailand maintained the 15th position globally in taro production volume.
Top producers of taro, 2017-2020
World map of production of taro, 2017-2020
Thailand's taro production grew for the third consecutive year. In 2020, the country produced 107.0 K t of taro, marking a slight increase of 1.5% compared to 2019. Over the 2017-2020 period, production rose by 4.7%, with a compound annual growth rate of 1.5%.
Annual dynamics of production in Thailand in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.5% | 1.6% | 1.5% | 1.5% |
Exports taro from Thailand
Exports in kind, t
The market showed significant volatility during these years. From 2017 to 2019, exports fluctuated with a peak-to-trough amplitude of 4.9 times. In 2019, exports hit their lowest point at 612 t, but rebounded in 2020 to 732 t, representing a substantial year-over-year increase of 19.7%. The largest decline occurred in 2018, when exports dropped by 70.6%.
Annual dynamics of product's exports from Thailand in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (70.6%) | (30.1%) | 19.7% | (37.4%) |
Between 2017 and 2020, three key markets—China, Vietnam, and Malaysia—collectively accounted for 76.3% of Thailand's total taro exports in volume terms.
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
After two years of decline, Thailand's taro exports rebounded in value. In 2020, exports reached 1 055 K $ US, showing a sharp increase of 39.1% compared to the previous year. However, over the 2017-2020 period, exports decreased by 41.6%, equivalent to an annualized decline of 16.4%. The lowest value was recorded in 2019 at 758 K $ US, with the largest drop occurring in 2018 at 57.5%.
Annual dynamics of product's exports from Thailand in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (57.5%) | (1.4%) | 39.1% | (16.4%) |
An analysis of export values from 2017 to 2020 reveals a broad distribution across many markets. Vietnam (17.3% of export value), China (15.6%), and Australia (14.6%) together accounted for only 47.4% of total flows, while the remaining 52.6% went to other trading partners.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Thailand in value, 2017-2020
Imports taro to Thailand
Imports in kind, t
Market performance showed noticeable fluctuations during this period. Imports peaked in 2017 and fell to their lowest point in 2018, with a 2.3-fold difference between these years. In 2020, Thailand imported 318 t of taro, representing a decline of 55.8% compared to the previous year.
Annual dynamics of product's imports to Thailand in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (55.8%) | n/a | n/a | (16.6%) |
From 2017 to 2020, China was overwhelmingly dominant, accounting for 99.9% of Thailand's total taro imports in volume terms.
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
The data indicates irregular changes, pointing to a volatile market environment. Imports varied by a factor of 2.1, from a high in 2017 to a low in 2018. In 2020, Thailand's taro import value stood at 199 K $ US, down by 51.6% compared to the previous year.
Annual dynamics of product's imports to Thailand in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (51.6%) | n/a | n/a | (7.2%) |
Throughout 2017-2020, China remained the dominant and nearly exclusive destination for Thailand's taro imports in value terms, with a share of 99.0%.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Thailand in value, 2017-2020
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