Jump to content

Impending drought poses significant threat to Thai export sector


webfact

Recommended Posts

image.jpeg

 

The Thai economy braces for another challenge as impending drought threatens its critical export sector, following last month’s extensive flooding. Despite an improvement in exports in August, marking a recovery from an 11 month decline, the impending drought could significantly impact food manufacturing and shipments.

 

The Federation of Thai Industries (FTI) highlighted concerns over the potential repercussions of water shortages on exports, purchasing power, GDP growth, and food security. The local agricultural sector, reliant on water supplies, could see reduced harvests, impacting food manufacturers and exporters dependent on farm produce.

 

Kriengkrai Thiennukul, FTI’s chairman, emphasised the importance of the government’s preparedness and strategic response to mitigate the drought’s impact. He highlighted that “Thailand is a major food exporter globally. Its rice and sugar cane are among the famous agricultural products.”


Among crops likely to be affected by the drought is sugar cane. FTI anticipates a reduction in sugar cane output in the new crop year 2023 to 2024 to 80 tonnes, a fall from the initial projection of 100 to 105 tonnes. This reduced yield could influence not only farmer earnings but also the country’s sugar production.

 

by Alex Morgan

Photo: Cory Wright/ The Diplomat

 

Full story: The Thaiger 2023-10-23

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Get our Daily Newsletter - Click HERE to subscribe

Link to comment
Share on other sites

21 minutes ago, jacko45k said:

Impending drought? We have had about 2-3 weeks of very regular warnings of heavy rain and thunderstorms... and it was actually correct yesterday in the Pattaya area....I really don't know what to expect.

So should we raze Pattaya to the ground and turn it into rice fields?

  • Sad 1
Link to comment
Share on other sites

1 hour ago, webfact said:

The Thai economy braces for another challenge as impending drought threatens its critical export sector, following last month’s extensive flooding.

This speaks volumes for Thailand as a developing nation; it isn't.  I've been here 18 years and read this every year.

  • Thumbs Up 1
Link to comment
Share on other sites

2 hours ago, hotchilli said:

Floods or droughts... is there ever any middle ground?

There is no middle ground - but there should be

Billions upon billions of Bahr have been waisted on building  roads, which are totally insignificant compared to an adequate and consistent water supply to Farms, Industry and Households

 

  • Thumbs Up 1
Link to comment
Share on other sites

11 hours ago, jacko45k said:

Impending drought? We have had about 2-3 weeks of very regular warnings of heavy rain and thunderstorms... and it was actually correct yesterday in the Pattaya area....I really don't know what to expect.

Earth's oceans are in the midst of an El Nino, one that is forecast to be a strong one. As noted in this article, El Nino has strong consequences for Asia.
https://www.eiu.com/n/el-nino-south-and-south-east-asias-2023-wild-card/
1333253316.gif

El Nino / La Nina conditions are forecast each year around early June for the coming 12 months. The peak ocean conditions occur in the following December- February, which for Thailand means warmer weather during the seasonal dry season, often extending the duration of the typical hot, dry season of March through May (in 2019 the monsoons didn't arrive until June).
We should be happy the current rainy season in topping off the reservoirs. The impending dry season is forecast to be worse than usual.
ENSOPageWhatisElNinoTest_0.png

  • Like 2
Link to comment
Share on other sites

If only the drought wiped out the entire sugar cane industry. It is a plague. Such a horrific crop. The burning causes countless hospitalizations, lung disease and horrific air for months on end. The trucks result in the local roads getting torn up each year. Thailand would be better off without this horrendous industry, and farmers should be assisted and encouraged to switch to crops that are less heinous. 

 

As far as the corporations who create the sugar, who cares? 

  • Like 1
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...