Thai Cassava Exports Halve in First Half of 2026, Volume Drops 51.63% Amid Price Gains

Thai cassava exports for the first half of 2026 recorded a significant decrease in volume, dropping by 51.63% year-on-year to 2.52 million tons. This decline suggests potential impacts on international market demand for cassava, a key export commodity for Thailand, as well as on domestic production and supply systems. Despite the drop in volume, the selling price per unit in the same period reportedly increased compared to the previous year. This price hike is understood to have helped offset the reduction in quantity, contributing to the maintenance of overall export revenue. Factors contributing to this price increase may include robust global demand for cassava as a food and feed ingredient, rising domestic production costs in Thailand, or supply constraints. Agricultural exports play a crucial role in the Thai economy, with cassava being one of its significant products. While a decrease in export volume raises concerns about its impact on domestic farmers and related industries, the rise in unit prices providing some mitigation to revenue losses can be seen as a positive aspect for the time being. Future export trends will likely depend on the global supply-demand balance, domestic production conditions in Thailand, and fluctuations in exchange rates.