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Thailand: Food Processing and Packaging Equipment Market

Thailand: Food Processing and Packaging Equipment Market. U.S. Commercial Service U.S. Embassy Bangkok, Thailand. www.buyusa.gov/thailand. Presentation Content. Thailand’s food processing and packaging equipment sector outlook Food processing and packaging market size, growth and trends

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Thailand: Food Processing and Packaging Equipment Market

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  1. Thailand: Food Processing and Packaging Equipment Market U.S. Commercial Service U.S. Embassy Bangkok, Thailand www.buyusa.gov/thailand

  2. Presentation Content • Thailand’s food processing and packaging equipment sector outlook • Food processing and packaging market size, growth and trends • Best prospects and key suppliers • Market entry • Trade events

  3. Thailands’s Food Processing and Packaging Equipment • Thailand is one of the world leaders in exporter of agricultural products. • Most of agriculture products are exported in bulk and unprocessed, so food processing and packaging industries are key sector for Thailand. • Average 20% growth • U.S. Suppliers shared 5% of imported market in 2005.

  4. Thailands’s Food Processing and Packaging Equipment (Cont) • The total market size for food processing and packaging equipment was approximately $696 million in 2005. • The market was increased 25% in 2005, due to the recovery of chicken and shrimp industries. • In general, the market is growing by average of 20%, except for 2006, due to the political unrest, rising oil price and major flood in central area.

  5. Market Size of Food Processing and Packaging Equipment *e is estimate

  6. Best Prospects • Packaging Machinery and Supplies • Food and Drink Processing Equipment • Cooking and Heating Food Machinery • Fruit, Vegetable and Herb Processing Equipment • Fruit Juice Machinery • Snack Food and Confectionary Equipment • Meat Processing Equipment

  7. Total import market for food processing and packaging equipment in 2005 was $493 million Key Suppliers:

  8. Market Entry • There are no restrictions imposed by Thai government on food processing and packaging equipment. • Import duties are 5% and V.A.T. is 7%. • The Thai electricity standard is 220 Volts/50 hertz.

  9. Trade Events • ProPak Asia at www.propakasia.com • Thaifex and Thaimex at www.thaitradefair.com

  10. Thank you &Welcome to Thailand Pramot Wongvarnrungruang Commercial Specialist (pwongvar@mail.doc.gov) James Golsen Commercial Attaché (james.golsen@mail.doc.gov) U.S. Commercial Service U.S. Embassy Bangkok, Thailand

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