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    Home > Food News > Food Articles > Thailand’s rice exports in the first half of the year were only 2.167 million tons, shrinking by 25.8%

    Thailand’s rice exports in the first half of the year were only 2.167 million tons, shrinking by 25.8%

    • Last Update: 2021-08-04
    • Source: Internet
    • Author: User
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    Comprehensive Thai media reported August 2, Tamil exports Traders Association, said the first half of 2021 exports of rice quantity of 2,167,591 tons, down 25.
    8% year on year
    .
    It is estimated that in the second half of the year, as the price of Thai rice falls and the Thai baht depreciates, and the main markets including Africa, the Middle East and Asia increase in the amount of Thai rice imported , the situation of rice exports will improve
    .
     
    From January to June 2021, approximately 2,167,591 tons of rice were exported, valued at 41.
    5 billion baht (approximately US$1.
    37 billion)
    .
    Compared with the 2922749 tons worth 62.
    04 billion baht (approximately US$1.
    98 billion) of rice exports in the same period in 2020, the volume of rice exports fell by 25.
    8%, and the export value shrank by 33.
    1%
    .

     
    The Thai Rice Exporters Association estimates that rice exports will reach 400,000 tons in July 2021, because it is estimated that the main export markets including Africa, the Middle East and Asia will import Thai white rice and steamed rice.
    This is due to the price reduction of Thai rice.
    The price of rice is not much different from that of competing countries.
    In addition, due to the decline in domestic supply in overseas markets, import demand has risen
    .
     
      It is estimated that the export of rice in the second half of the year will be better than that of the first half of the year, because the increase in Thai rice production this year and the depreciation of the Thai baht make the price of Thai rice more competitive
    .
    At present, the price of 5% white rice in Thailand is US$402 per ton, while the price of 5% white rice in Vietnam is between US$388-392 per ton, the price of Indian white rice is between US$383-387 per ton, and the price of Pakistan’s white rice is 378- per ton.
    Between 382 dollars
    .
    The price of steamed rice in Thailand is US$415 per ton, the price of Indian steamed rice is between US$353-357 per ton, and the price of Pakistani rice is between US$396-400 per ton
    .
     
      In June 2021, about 389,331 tons of rice were exported, an increase of 4.
    7% from the 319,278 tons worth of 6.
    2 billion baht in May
    .
    The current situation of rice export has improved, because the price of rice in Thailand has fallen with the depreciation of the market and the Thai baht, and the gap between the price of Thai rice and the price of competing countries is narrowing, so June rice exports were better than May
    .
    The export of white rice was 205,851 tons, an increase of 54.
    3% from May, most of which were exported to Mozambique, Iraq, Japan, Cameroon, Angola, China, the Philippines and other countries
    .
    Steamed rice export 84,619 tons, an increase of 8% over the previous month, mainly exported to South Africa, Yemen, Cameroon, Benin and so on
    .
     
      As for jasmine rice, the main markets are the United States, Singapore, and Canada, but exports in June were only 61,816 tons, a decrease of 0.
    5% from the previous month
    .
    The reason is still the shortage of containers and rising sea freight, especially the freight to the United States has increased by 5 times compared with before the new crown pneumonia epidemic, making importers too expensive.
    Although the price of Thai jasmine rice has fallen, it is still compared with the increase in freight.
    Makes orders reduced
    .

    Export rice prices import
     
      From January to June 2021, approximately 2,167,591 tons of rice were exported, valued at 41.
    5 billion baht (approximately US$1.
    37 billion)
    .
    Compared with the 2922749 tons worth 62.
    04 billion baht (approximately US$1.
    98 billion) of rice exports in the same period in 2020, the volume of rice exports fell by 25.
    8%, and the export value shrank by 33.
    1%
    .

     
      The Thai Rice Exporters Association estimates that rice exports will reach 400,000 tons in July 2021, because it is estimated that the main export markets including Africa, the Middle East and Asia will import Thai white rice and steamed rice.
    This is due to the price reduction of Thai rice.
    The price of rice is not much different from that of competing countries.
    In addition, due to the decline in domestic supply in overseas markets, import demand has risen
    .
     
      It is estimated that the export of rice in the second half of the year will be better than that of the first half of the year, because the increase in Thai rice production this year and the depreciation of the Thai baht make the price of Thai rice more competitive
    .
    At present, the price of 5% white rice in Thailand is US$402 per ton, while the price of 5% white rice in Vietnam is between US$388-392 per ton, the price of Indian white rice is between US$383-387 per ton, and the price of Pakistan’s white rice is 378- per ton.
    Between 382 dollars
    .
    The price of steamed rice in Thailand is US$415 per ton, the price of Indian steamed rice is between US$353-357 per ton, and the price of Pakistani rice is between US$396-400 per ton
    .
     
      In June 2021, about 389,331 tons of rice were exported, an increase of 4.
    7% from the 319,278 tons worth of 6.
    2 billion baht in May
    .
    The current situation of rice export has improved, because the price of rice in Thailand has fallen with the depreciation of the market and the Thai baht, and the gap between the price of Thai rice and the price of competing countries is narrowing, so June rice exports were better than May
    .
    The export of white rice was 205,851 tons, an increase of 54.
    3% from May, most of which were exported to Mozambique, Iraq, Japan, Cameroon, Angola, China, the Philippines and other countries
    .
    Steamed rice export 84,619 tons, an increase of 8% over the previous month, mainly exported to South Africa, Yemen, Cameroon, Benin and so on
    .
     
      As for jasmine rice, the main markets are the United States, Singapore, and Canada, but exports in June were only 61,816 tons, a decrease of 0.
    5% from the previous month
    .
    The reason is still the shortage of containers and rising sea freight, especially the freight to the United States has increased by 5 times compared with before the new crown pneumonia epidemic, making importers too expensive.
    Although the price of Thai jasmine rice has fallen, it is still compared with the increase in freight.
    Makes orders reduced
    .

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