What is the price of malt extract per kilogram/pound in Thailand today?
The retail price range for Thailand malt extract is between US$ 0.79 and US$ 1.28 per kilogram or between US$ 0.36 and US$ 0.58 per pound(lb). Click here to see today's exact prices of malt extract in Thailand
The retail price range in Baht for malt extract is between THB 26.98 and THB 43.84 per kilogram or between THB 12.23 and THB 19.88 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2024, the approximate wholesale price range for Thailand malt extract is between US$ 0.55 and US$ 0.89 per kilogram or between US$ 0.25 and US$ 0.41 per pound(lb).
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Thailand Malt Extract Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt Extract from Thailand has seen a steady decline over the last five years. In 2017, the price was 2.88 US$ per kg, and in 2021 it had dropped to 2.7 US$ per kg. The lowest price was recorded in 2020, when it was 2.87 US$ per kg. The current price is 2.67 US$ per kg. Based on this trend, it is likely that the price of Malt Extract from Thailand will continue to decrease in the next two years, with a predicted price of 2.62 US$ per kg in 2023 and 2.57 US$ per kg in 2024.The exports of malt extract from Thailand are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
Thailand Malt Extract Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt Extract into Thailand has been relatively stable over the past five years. In 2017, the price was 2.88 US$ per kg, followed by 2.95 US$ per kg in 2018. In 2019, the price dropped slightly to 2.93 US$ per kg, and then further decreased to 2.87 US$ per kg in 2020. The lowest price was recorded in 2021, at 2.7 US$ per kg, before increasing slightly to 2.67 US$ per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Malt Extract into Thailand will remain relatively stable in 2023 and 2024, at around 2.7 US$ per kg.Export values for Thailand malt extract
The total values in export for malt extract in Thailand were in US dollar thousand for the years in that order.
Prices of other produce in the Processed category in Thailand: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of malt extract in other countries across Asia: Kazakhstan malt extract, Kyrgyzstan malt extract, Tajikistan malt extract, Turkmenistan malt extract, Uzbekistan malt extract, China malt extract, Hong Kong malt extract, Macao malt extract, North Korea malt extract & Mongolia malt extract.
Thailand malt extract - Production, Exports, Imports, Seasons and HS Codes
The quantity of malt extract sold by Thailand in 2020 was 106,430 tons. In 2019 Thailand shipped 91,680 tonnes of malt extract. For the year 2019 alone, the demand for Thailand malt extract (processed category) has been stable, compared to the year 2018. For the period between 2017 and 2019 the exports of malt extract were minimal, bringing the country very little foreign income. Thailand's malt extract exports are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Thailand malt extract export values
Between 2011 and 2020, Thailand shipped malt extract worth a total of US$ 0.
The per year change in the quantity of Thailand's malt extract exports between 2017 and 2019 remained stagnant.
Thailand's portion of the world's total malt extract's exports in 2019 was less than 1%. Thailand is ranked position 43 in world exports of malt extract.
Export markets for Thailand malt extract ( in '000$ )
Thailand's top export markets for malt extract are Malaysia, Myanmar, Vietnam, Indonesia and Hong Kong.
Import/Export Trends
Thailand is a net importer of malt extract. The annual growth of Thailand malt extract in value between 2015 to 2019 was -8%, per annum, while annual growth in quantity for the same period was -12%, per annum.
Thailand bought 44,186 tonnes of malt extract in 2019.