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China emerging as major threat to Thai rice exports


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China emerging as major threat to Thai rice exports

By The Nation

 

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China could become Thailand's main competitor for rice export in the future, according to the Thai Rice Exporters Association.

 

The association's honorary president, Chookiat Ophaswongse, said that the association was closely watching China's rice exports, which had expanded in terms of volume over the past few years.

 

Last year China exported 2.7 million tonnes of rice, which is expected to reach 3.2 million tonnes this year.

 

He added that China's export is expected to expand to between 5 million tonnes to 6 million tonnes in the next few years, thanks to its rice varieties and high yield.

 

He said that besides China, Myanmar is also rising fast as a major rice exporter. Myanmar has already exported 2 million tonnes this year and is expected to increase to 3 million tonnes next year.

 

He added that Thailand's competitors have spent far higher than Thailand on rice research and development to improve quality and strains to make their rice fit well with market demand.

 

The association recently revised down its forecast for Thai rice exports this year from 7.5 million tonnes to 6.5 million tonnes.

 

Thailand's rice exports in the first half of this year dropped 32 per cent year on year to 3.14 million tonnes, worth US$2.2 billion, according to the association.

 

Source: https://www.nationthailand.com/business/30391925

 

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-- © Copyright The Nation Thailand 2020-07-28
 
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1 hour ago, djayz said:

Unfortunately, rice paddies are only suitable for growing a very narrow range of crops, mainly rice.  As stated in the article, their competitors have invested more than Thailand in research and development. That might be a good starting point for the country. 

As long as the Thais think, they are "the kitchen of the world", and the entire world will starve, when they do not have Thai Hom Mali rice, produced a lot less efficient as in other rice growing nations, the Thai rice export will grow like an buffalo's tail: downwards.

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8 hours ago, webfact said:

China emerging as major threat to Thai rice exports

High time for Thai farmers to start growing different Crops . Rice going down the Tubes same as Rubber & Their Fruit Mango ,Pine apple, Durian ,& soon Other fruit .  

The problem is that when the price is Good Every farmer wants to  make the Big Money  and starts Growing More and than the country gets a Over supply & there you go the price Drops and they start Crying and want a government Hand out. 

Don't get me wrong this isn't only in Thailand. I've seen it in Other countries ass well. 

First in the Netherlands and in later years in Australia.

 

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Thailands rice exports have been decreasing year on year for a few years now due to the strong Baht and the poor quality of the rice compared to other rice growing countries.

I'm not sure if China buys any rice from Thailand, but if it does that obviously is going to be reduced in future years. Again i say Thailand is up the creek without a paddle.

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They need a clever plan... a scheme if you will, to encourage rice farmers to grow more rice and reinforce downward price pressure on the crop to remain more competitive...

 

If only we had a government that was committed and able to implement such a scheme.

 

Oh wait...

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44 minutes ago, Aussie Col said:

Thailands rice exports have been decreasing year on year for a few years now due to the strong Baht and the poor quality of the rice compared to other rice growing countries.

I'm not sure if China buys any rice from Thailand, but if it does that obviously is going to be reduced in future years. Again i say Thailand is up the creek without a paddle.

You can buy a 25 pound sack of Thai Jasmine rice in Costco in the US fpr $15.49 or approximately 500 Baht.  Thailand exports a lot of rice to the US, while the US grown rice goes to Japan as it is mainly sushi grade.  Most of the US grown rice is grown in the Sacramento Valley of California.  The same fields where rice is grown are used as Duck Blinds during the Duck hunting season.  Lived and hunted in the Sacramento region for over 30 years.

Costco-841930-Kirkland-Signature-Jasmine-Rice

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25 minutes ago, ThailandRyan said:

You can buy a 25 pound sack of Thai Jasmine rice in Costco in the US fpr $15.49 or approximately 500 Baht.  Thailand exports a lot of rice to the US, while the US grown rice goes to Japan as it is mainly sushi grade.  Most of the US grown rice is grown in the Sacramento Valley of California.  The same fields where rice is grown are used as Duck Blinds during the Duck hunting season.  Lived and hunted in the Sacramento region for over 30 years.

 

Eventually, even Californians are going to snap to the fact that they are effectively exporting their water in the form of agriculture products, and the value of that water they consumed to grow that rice far exceeds the $$$ they're bringing in.

 

It's one thing to grow rice in a tropical, monsoony country like Thailand.  Its lunacy to grow it in a desert like the Sacramento Valley, where development is being choked for lack of water.  And Thailand will eventually figure out that they can't afford that 2nd and 3rd planting during the dry season, even if it does make the exports look better.

 

Edited by impulse
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