Dr. Chalermchai Sri-on The Minister of Agriculture and Cooperatives revealed that he was satisfied with the report of Thai rice exports for the first six months of this year. that from January to June 2022 Thailand canexport riceall kinds including white rice Parboiled rice and jasmine rice amounted to 3,507,020 tons, valued at 60,932.3 million baht (US$1,837.1 million), with an increase of 56.6% in volume and 42.9% in value compared to the same period of the year 2021, with exports of 2,239,432 tons, valued at 42,641.8 million baht. ($1,407.9 million)
Especially in June 2022, the export volume was as high as 764,131 tons, with a value of 13,129.5 million baht, with the export volume and value increasing by 69.4% and 57.1%, respectively.
Compared to May 2022 with a volume of 450,973 tons, a value of 8,357 million baht because in June last year. 405,963 tons of white rice was exported, an increase of 208% compared to the previous month.
forparboiled riceExported 140,225 tons, an increase of 10.8% compared to the previous month.jasmine rice export (Rice plants) amounted to 103,865 tons, an increase of 15.2% compared to the previous month.
“This is good news for all Thai farmers that Thailand can export more rice in both volume and value, which will result in higher domestic prices.”
Mr Alongkorn Polbutr, Advisor to the Minister of Agriculture added that Thailand has a very high chance of being the second largest rice exporter in the world, surpassing Vietnam this year if it exports more than 7 million tonnes. The US Department of Commerce forecasts that in the 2021-2022 production cycle, world rice production might be around 505.4 million tons, up 1.9 million tons from the previous year. tonnes increased from the year 2021 by approximately 100,000 tonnes
Countries that are expected to export rice are Australia, Myanmar, Cambodia, the European Union, Paraguay, Thailand and Uruguay. Countries that are expected to export rice are Colombia, Ecuador, India, Iraq, Madagascar, Philippines, Sri Lanka, the United States and Vietnam. That Vietnam will be the world’s third highest rice exporter with a total volume of 6.3 million tons, following India and Thailand. In that order, Vietnam has been the No. 2 rice exporter for several years in a row. The amount of rice exports that will decline in 2022 will make Vietnam the third highest rice exporter.
“It is expected that we will export at least 7-7.5 million tons of rice throughout the year, higher than in 2021, and have a chance to overtake Vietnam to become the world’s No. 2 rice exporter this year. Looking at Vietnam’s rice export statistics, the first five months of this year (Jan.-May) exported 2.77 million tons of rice, an increase from the same period of 2021. with an export volume of 2.59 million tons, or an increase of 6.95 percent, with an export value of $1.35 billion Decrease from the same period in 2021 with export value of $1.41 billion. or a decrease of 4.26 percent, the average Vietnam exports 500,000 tons per month. while Thailand exports on average per month. 600,000 tons, expanding both in quantity and value.”
Mr Alongkorn continued that From the report of the Thai Rice Exporters Association and the Customs Department Exports in the second quarter continued to perform well from the first quarter, with the number of Thai rice exports during the first three months of 2022 (January-March) which increased by 48.5%, with exports of 1,743,280 tons, or a value of 29,468.2 million baht. (903.3 million US dollars)
However, the export situation still needs to be monitored in the second half of the year. If the export level exceeds 600,000 tons per month, the annual export will exceed 7 million tons, depending on the baht and the output of the main exporting countries. And the export price of each country is important. It is a rice policy progress that focuses on the development of rice varieties according to the production market strategy between the Ministry of Agriculture and the Ministry of Commerce. using new agricultural machinery and technology to reduce costs, increase yields, as well as upgrading large plots of rice Meanwhile, there are still some risk factors related to the impact of the Russo-Ukrainian war that has caused the cost of rice production from rising prices of fertilizers and energy, as well as the global economic slowdown since the outbreak of COVID-19.
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