Reference

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Primary source

Thailand food processing machinery imports HS 8434-8438 (2020-2024)

~USD 720M (2024)

As of2020-2024 (Thai Customs HS 8434-8438)·Sources4·Primary·Historical series (5 points)

Thailand imported approximately USD 720 million of food processing and dairy machinery under HS 8434 (dairy machinery), HS 8435 (presses for beverage manufacture), HS 8436 (other agricultural machinery), HS 8437 (cereal milling), and HS 8438 (other food and beverage industrial preparation machinery) in 2024 per Thai Customs Department trade data. Germany, Italy, China, the Netherlands, and the United States are the largest origin countries. The 2020 COVID trough at roughly USD 540 million reflected capex deferrals; the 2022-2023 rebound was anchored by CPF, Thai Union, Betagro, and Mitr Phol capacity additions plus future-food (alt protein, functional food) line installations.

Figure in context

Thailand imported approximately USD 720 million of food processing and dairy machinery under HS 8434 (dairy machinery), HS 8435 (presses for beverage manufacture), HS 8436 (other agricultural machinery), HS 8437 (cereal milling), and HS 8438 (other food and beverage industrial preparation machinery) in 2024 per Thai Customs Department trade data. Germany, Italy, China, the Netherlands, and the United States are the largest origin countries. The 2020 COVID trough at roughly USD 540 million reflected capex deferrals; the 2022-2023 rebound was anchored by CPF, Thai Union, Betagro, and Mitr Phol capacity additions plus future-food (alt protein, functional food) line installations.

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Interpretation notes

What this tells you

Thailand imported approximately USD 720 million of food processing and dairy machinery under HS 8434 (dairy machinery), HS 8435 (presses for beverage manufacture), HS 8436 (other agricultural machinery), HS 8437 (cereal milling), and HS 8438 (other food and beverage industrial preparation machinery) in 2024 per Thai Customs Department trade data. Germany, Italy, China, the Netherlands, and the United States are the largest origin countries. The 2020 COVID trough at roughly USD 540 million reflected capex deferrals; the 2022-2023 rebound was anchored by CPF, Thai Union, Betagro, and Mitr Phol capacity additions plus future-food (alt protein, functional food) line installations.

What not to do with it

Values in USD million CIF. HS 8434-8438 aggregate covers dairy, beverage press, milling, and general food and beverage processing machinery. Excludes packaging machinery (HS 8422).

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Thailand food processing machinery imports HS 8434-8438 (2020-2024) · Insight