{"id":4089,"date":"2025-02-28T12:34:15","date_gmt":"2025-02-28T05:34:15","guid":{"rendered":"https:\/\/www.bkkterminal.com\/article\/thai-rice-exports-plunge-32-in-the-first-two-months-due-to-indias-market-return-and-increased-global-production\/"},"modified":"2025-06-21T16:36:47","modified_gmt":"2025-06-21T09:36:47","slug":"thai-rice-exports-fall-32-in-first-2-months","status":"publish","type":"post","link":"https:\/\/www.bkkterminal.com\/en\/article\/thai-rice-exports-fall-32-in-first-2-months\/","title":{"rendered":"Thai Rice Exports Plunge 32% in the First Two Months Due to India&#8217;s Market Return and Increased Global Production"},"content":{"rendered":"\n<p><strong>Key Factors Behind the Export Decline<\/strong><br\/>India&#8217;s Market Return &#8211; India has resumed full-scale rice exports after a two-year pause, with the highest production in 30 years.<br\/>Thai Rice is More Expensive &#8211; The average price of Thai 5% white rice is $415-419 per ton, whereas Vietnam&#8217;s price is $393-397 per ton, and Pakistan&#8217;s is only $382-386 per ton.<br\/>Currency Volatility &#8211; Fluctuations in exchange rates make it difficult to set stable rice prices.<br\/>US Trade Policy &#8211; If the US imposes a 10% import tariff on Thai rice, the price could increase by $100 per ton.<\/p>\n\n<p><strong>Global Rice Market Situation<\/strong><br\/>India remains the top exporter with 22.50 million tons, a 26.4% increase.<br\/>Thailand and Vietnam both export 7.50 million tons, but Thailand&#8217;s exports declined by 24.2%, while Vietnam&#8217;s fell by 17%.<br\/>Pakistan exports 5.30 million tons, a decline of 18.2%.<br\/>The Philippines remains the largest importer at 5.40 million tons, up 1.9%.<br\/>China&#8217;s rice imports increased by 35% to 2.20 million tons.<\/p>\n\n<p><strong>Solutions for Thai Rice<\/strong><br\/>Reducing Costs &#8211; Farmers face rising costs for fertilizers, pesticides, and fuel. Government intervention is crucial. Developing New Varieties &#8211; Thailand has the world&#8217;s lowest rice yield per rai at 400 kg, compared to Vietnam&#8217;s 800 kg and the US&#8217;s 1,000 kg. Without improvements, Thailand risks losing more market share.<\/p>\n\n<p>Data source: : <a href=\"https:\/\/www.thaipbs.or.th\/\" target=\"_blank\" rel=\"noopener\">ThaiPBS<\/a><\/p>\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thai rice exports are facing a tough battle! The Thai Rice Exporters Association revealed that in the first two months of this year, Thailand&#8217;s rice exports fell by 32%, especially white rice, which plunged by 54%, as India resumed exports after a two-year hiatus, coupled with a significant increase in global rice production, with global rice stocks rising by 10 million tons, or 532 million tons worldwide, while Thailand still targets this year&#8217;s exports at 7.5 million tons.<\/p>\n","protected":false},"author":2,"featured_media":3655,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_gspb_post_css":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-4089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1"],"blocksy_meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bkkterminal.com\/en\/wp-json\/wp\/v2\/posts\/4089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bkkterminal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bkkterminal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bkkterminal.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bkkterminal.com\/en\/wp-json\/wp\/v2\/comments?post=4089"}],"version-history":[{"count":0,"href":"https:\/\/www.bkkterminal.com\/en\/wp-json\/wp\/v2\/posts\/4089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bkkterminal.com\/en\/wp-json\/wp\/v2\/media\/3655"}],"wp:attachment":[{"href":"https:\/\/www.bkkterminal.com\/en\/wp-json\/wp\/v2\/media?parent=4089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bkkterminal.com\/en\/wp-json\/wp\/v2\/categories?post=4089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bkkterminal.com\/en\/wp-json\/wp\/v2\/tags?post=4089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}