Thai Rice: Hom Mali Jasmine, Pathum Thani, and the World's #2 Rice-Exporter Cluster
Thailand world's #2 rice exporter (after India) β ~USD 4-5B annual rice export FY2024. Hom Mali jasmine rice (premium-tier ~USD 800-1200/tonne) is structural moat. Major cultivars: Hom Mali (Khao Dawk Mali 105, Khao Pathum Thani 1), white-rice (Khao Khao 5 percent broken), parboiled-rice. Pathum Thani-Suphan Buri-Ayutthaya central, Khorat-Buriram-Surin northeastern clusters. Watchpoints: India, Vietnam, Pakistan competition.
Key takeaways
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Hom Mali jasmine rice premium-tier ~/tonne; ~ volume / ~ value.
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Khao Dawk Mali 105, Pathum Thani 1 are heritage Hom Mali cultivars.
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Central, northeastern, northern clusters; ~10- rice farmers; ~ hectares.
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Watchpoints: India, Vietnam, Pakistan competition, El Nino-La Nina cycle, Cambodian Phka Malis.
Questions this report answers
How big is Thai rice? Per Customs / DITP: Thailand world's #2 rice exporter after India β ~ annual rice export FY2024 (rolling estimates). Cultivar mix: Hom Mali jasmine rice (premium-tier ~/tonne; Khao Dawk Mali 105, Khao Pathum Thani 1) ~ export volume, ~ export value; white-rice ~ volume, parboiled-rice ~, brown-rice, glutinous-rice ~.[]
What's geographic, cultivar structure? Per DOA: Production geography β Pathum Thani-Suphan Buri-Ayutthaya central cluster (Hom Mali Pathum Thani 1), Khorat-Buriram-Surin-Roi Et northeastern cluster (Khao Dawk Mali 105 originating Hom Mali heritage), Phitsanulok-Sukhothai-Kamphaeng Phet northern cluster. ~10- rice farmers; ~ hectares paddy area.[]
What's market, watchpoint structure? Per DFT: Major export markets: Iraq, Iran (~), African (Nigeria, Senegal, Cote d'Ivoire ~), US (~), Hong Kong, China (~), Philippines, Indonesia, Malaysia, Singapore (~), EU (~). Tier-1 exporters: Asia Golden Rice, Capital Rice Group, Nation Best Rice, C.P. Rice, Patum Rice Mill, Thai Hua Rice. Watchpoints: India, Vietnam, Pakistan competition, El Nino-La Nina cycle drought impact, Hom Mali defense vs Cambodian Phka Malis competition.[, ]
Executive summary
Thailand world's #2 rice exporter; ~ annual. Hom Mali jasmine premium-tier ~ volume / ~ value.[]
Central, northeastern, northern clusters; ~10- rice farmers; ~ hectares paddy area.[]
Iraq+Iran ~, African ~, US ~, China+HK ~. Watchpoints: India, Vietnam, Pakistan competition.[]
Thai rice export structure
Global rank
Value
World's #2 rice exporter
Notes
After India.
Annual export
Value
Notes
FY2024.
Rice farmers
Value
~10-12M
Notes
~5M hectares paddy area.
Northeastern cluster
Value
Khorat-Buriram-Surin-Roi Et
Notes
Hom Mali heritage.
| Metric | Value | Notes |
|---|---|---|
| Global rank | World's #2 rice exporter | After India. |
| Annual export | ~USD 4-5B | FY2024. |
| Hom Mali jasmine premium-tier | ~30% volume / ~50% value | USD 800-1200/tonne. |
| Rice farmers | ~10-12M | ~5M hectares paddy area. |
| Northeastern cluster | Khorat-Buriram-Surin-Roi Et | Hom Mali heritage. |
| Major export markets | Iraq+Iran ~15-20%, African ~20-25%, US ~10-15% | Diversified buyers. |
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