Brazil Nut Market in Thailand
In value terms, brazil nut production amounted to $ in estimated in export prices. In general, production faced a precipitous setback. The pace of growth appeared the most rapid in 2014 when the production volume increased by % year-to-year. Brazil nut production peaked at $ in 2009; however, from 2010 to , production failed to regain the momentum.
In , the average brazil nut yield in Thailand totaled kg per ha, remaining stable against the previous year's figure. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , approx. ha of brazil nuts were harvested in Thailand; remaining constant against 2019 figures. Over the period under review, the harvested area recorded a relatively flat trend pattern.
The value of the brazil nut market in Thailand rose notably to $ in 2019, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.