Agriculture and Cooperatives Minister Chalermchai Sri-on said on August 6 that he was satisfied with the reports of Thai rice exports in the first six months from January to June 2022. Thailand can export all kinds of rice, including white rice, parboiled rice and jasmine rice, amounting to 3,507,020 tons, with a value of 60,932.3 million baht, an increase of 56.6 percent and a 42.9% increase in value compared to the same period of 2021 when exported 2,239,432 tons. The value of 42,641.8 million baht, especially in June 2022, has exported volumes as high as 764,131 tons, or a value of 13,129.5 million baht, with the volume and value of exports increasing by 69.4 percent and 57.1 percent, respectively, compared to the month of November. 2022 with a volume of 450,973 tons, a value of 8,357 million baht because in June 405,963 tons of white rice was exported, an increase of 208% compared to the previous month.
The agriculture minister also said that parboiled rice exported 140,225 tons, an increase of 10.8 percent compared to the previous month. Exports of jasmine rice (early rice) amounted to 103,865 tons, an increase of 15.2 percent compared to the previous month. This is good news for all Thai farmers that Thailand can export more rice in both quantity and value, which will increase domestic prices.
Alongkorn Pholbutr, adviser to the Agriculture Minister, said Thailand has a very high chance of exporting the largest amount of rice in the world, the second largest rice exporter in the world, successfully surpassing Vietnam this year. If exports exceed 7 million tons, considering the data of Thai rice exports in the first half of the year And a report from the US Department of Commerce predicts that in the 2021-2022 production cycle, world rice production may be around 505.4 million tons, up 1.9 million tons from the previous year. Up to 46.4 million tons, an increase of about 100,000 tons from 2021. Countries that are expected to export more rice are Australia, Myanmar, Cambodia, the European Union, Paraguay, Thailand and Uruguay. The country that is expected to export rice is Colombia. Ecuador, India, Iraq, Madagascar, Philippines, Sri Lanka, the United States and Vietnam. Vietnam will be the world’s third largest rice exporter with a total volume of 6.3 million tons, after India and Thailand respectively.
“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. By looking at the statistics of Vietnam’s rice exports for the first 5 months of this year. (Jan.-May) rice exported 2.77 million tons, an increase from the same period of 2021 when rice exported 2.59 million tons or 6.95 percent, with an export value of US$1.35 billion. Decrease from the same period in 2021 with export value of 1,410 million US dollars, or a decrease of 4.26 percent, with an average monthly export of 500,000 tons for Vietnam, while Thailand exports an average of 600,000 tons per month, expanding in both volume and value, said Alongkorn. say
Advisor to the Minister of Agriculture said that from the report of the Thai Rice Exporters Association and the Customs Department It was found that 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 (Jan.-Mar.), which increased by 48.5 percent. was 1,743,280 tons, or a value of 29,468.2 million baht. However, the export situation in the second half of the year still had to be monitored. If the export level exceeds 600,000 tons per month, the annual export will exceed 7 million tons, depending on the baht. production of the main exporting country and the export price of each country is important This is a breakthrough in rice policy that focuses on the development of rice varieties. According to the market-leading production strategy between the Ministry of Agriculture and the Ministry of Commerce including the use of new machinery and agricultural technology To reduce costs, increase productivity, as well as upgrading large plots of rice Meanwhile, there is still a risk factor about the impact of the war between Russia and Ukraine that will increase the cost of rice production from the problem of fertilizer and energy prices. including the global economic slowdown since the outbreak of COVID-19