Thailand Agribusiness Sector Report 2024-2025

The agribusiness sector plays an important role in Thailand's economy, accounting for 8.6% of the country's GDP and earning 7% of total exports. Moreover, the sector employed 30.2% of the country's total workforce in 2023, being the largest employer at the industry level. Access to a relatively large and cheap workforce has allowed Thailand to become one of the largest global producers of rice, sugarcane, palm oil, cassava, rubber, durian (a tropical fruit) and poultry meat. However, there is a high presence of small- and medium-sized farming businesses with limited access to technology and financial assistance, and with the agribusiness industry vulnerable to the negative effects of recurrent adverse weather conditions - mainly droughts and water scarcity, as well as floods and excessive rainfalls, with adverse weather conditions expected for the 2023/2024 agricultural season. Notably, the Thai agribusiness industry has been able to develop relatively high levels of international competitiveness, resulting in trade surpluses. At the segment level, crops and livestock products are the main contributors to the trade surplus, contrasting with the fisheries segment which has had chronic trade deficits.

This report provides a complete and detailed analysis of the "Crop farming" sector for Thailand. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Crop farming" sector in Thailand
• Crystallise the forces both driving and restraining this sector in Thailand
• Ascertain Thailand’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Thailand.
• Build a clear picture of trends, output and consumption for specific sub-sectors