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Covid poisoning hauls Thai food exports Drop to number 13 in the world – Post Today, Economic News – Business


Covid poisoning hauls Thai food exports Dropped to number 13 in the world

On February 18, 2021 at 1:10 p.m.

Thai food exporters After facing negative factors all around Both COVID – Strong Baht – Container Year ’63 to 9.8 billion baht, keep an eye on the trend this year, aiming to surpass 1 trillion.

Mrs. Anong Paichitprapaporn The director of the Food Institute revealed that in 2020, Thai food exports were worth 980,703 million baht, a contraction of 4.1 percent, resulting in a decrease in the global market share to 2.32 percent from 2.49 percent in 2019 and This makes Thailand the world’s 13th food exporter from No. 11 last year.

This is because the food industry is affected by many factors. Including the spread of COVID-19 The appreciation of the baht Container shortage And the increase in transportation costs, expected in 2021 still have to go through several other checkpoints to expand the target of 7.1 percent at a value of 1.05 trillion baht

In 2020, the Thai food manufacturing sector contracted by 6.5 percent as a result of lower domestic consumption and exports. Due to the epidemic of COVID-19 Including from the shortage of raw materials Especially in cassava, sugar cane (sugar) and pineapple groups.

As for the Thai food export market in 2020, only China, the United States and Oceania are the three main markets that have expanded. Exports to China were valued at 179,761 million baht, an expansion of 18.1 percent, the United States valued at 118,718 million baht, an expansion of 12.2 percent, Oceania region valued at 33,056 million baht, an expansion of 1.7, while other markets contracted. In particular, the Sub-Saharan Africa market fell 29.1 percent, ASEAN was down 17.7 percent, the European Union dropped 11.0 percent, the Middle East and North Africa (MENA) dropped 11.3 percent and the United States. Kingdom down 12.1 percent.

China is currently the number 1 food export market in Thailand with 18.3 percent of exports, followed by CLMV 13.9 percent and Japan 12.7 percent, respectively. Thai food products rely on export markets in developing countries. Regions such as China and CLMV increased, with a combined export share of 32.2 percent, an increase from 12.1 percent in the last ten years, with Thailand exporting goods to China and CLMV increasing by an average of 19.6 percent and 8.9 percent. Years in order

Ms. Anong said that the Thai food industry will be affected by the COVID-19 situation. There is still pressure from the appreciation of the baht. Container shortage And transportation costs increase In the year 2020, it was found that the processed food product group had an export value of 581,533 million baht, a contraction of 5.6 percent or accounted for 59.3 percent of the total food export value. While the raw material agricultural products export value 399,170 million baht, a decrease of 2.0 percent or 40.7 percent of the total food export value.

The main product group that exports increased was canned tuna. Seasoning And ready-to-eat food Which is in line with changing dietary habits at home While the main product groups that exports declined were rice, chicken, sugar, tapioca starch, shrimp, coconut products and pineapples.

For the export trend of Thai food products in 2021, it is expected to be 1,050,000 million baht, an increase of 7.1%, with the main supporting factors coming from: 1. Global market demand tends to increase in line with the economic conditions after Many countries are starting to provide people with a vaccine against COVID-19.

2. Higher prices of agricultural products and food. Especially chicken, sugar, cassava and pineapple products. 3. Establishing measures to prevent COVID-19 contamination. In the production of food exports To build confidence in trading partners who import food products from Thailand

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