Latest news with #ThailandTapiocaNext
Bangkok Post
07-08-2025
- Business
- Bangkok Post
Thailand Secures THB 10.9bn in Tapioca Deals
Bangkok, August 6, 2025 – The Ministry of Commerce (MoC), led by Minister Jatuporn Buruspat, officially opened the 7th World Tapioca Conference 2025 (WTC 2025) under the theme 'Thailand Tapioca Next: Go Global Go Together.' Held at TRUE ICON HALL, ICONSIAM, the event reinforced Thailand's ambition to remain a global leader in tapioca exports while highlighting the collaborative strength of its stakeholders across the entire value chain. Deputy Commerce Minister Chantawit Tantasith and Department of Foreign Trade Director-General Arada Fuengthong also attended the event, along with other senior officials. WTC 2025 welcomed more than 1,000 participants, including producers, importers, government officials, private sector representatives, farmers, and media, with international delegates from over 16 countries and economic zones. These included China, South Korea, Saudi Arabia, Japan, Turkey, Laos, Vietnam, India, the Philippines, Singapore, Indonesia, Malaysia, Australia, the UK, the US, Germany, and Hong Kong. The event is expected to generate trade deals worth more than THB 10.9 billion, with over 1.48 million tonnes of tapioca contracted through MOUs absorbing 3.57 million tonnes of domestic cassava root. Minister Jatuporn emphasised that tapioca is a key economic crop supporting more than 740,000 farming households across Thailand. 'Despite challenges including price volatility, climate change, and geopolitical uncertainties, the government is committed to supporting the sector through all stages of the supply chain from upstream to downstream,' he said. He added that while export volumes have increased in 2025, global prices have declined. 'We continue to push the 'Thai Make, Thai Use, Thai Help Thai' policy to ensure farmers can sustain their livelihoods, businesses grow stronger, and Thailand remains competitive on the global stage.' A key highlight of the conference was the announcement of the 'Sandbox' agricultural initiative, which aims to transform over 10 million rai of drought- and flood-prone farmland into high-productivity zones. Guided by the strategy 'Market-led, Innovation-driven, Income-boosted,' the initiative focuses on climate-resilient crop development and sustainable growth, while aligning with ongoing tax negotiations particularly with the United States and enhancing inter-agency cooperation. 'We aim to transition from traditional agriculture to high-value agro-industries, ensuring no one is left behind. Under the shared vision 'Go Global Go Together,' Thailand will maintain its global leadership not through isolated efforts, but through unified action across all sectors,' Jatuporn said. He concluded by reaffirming the Ministry's role: 'The Ministry of Commerce today can be trusted on all fronts. We are your partner and protector we won't let you walk alone.' Export Outlook In 2024, Thailand exported 6.47 million tonnes of tapioca, generating THB 110.26 billion in export value. For the first half of 2025 (January–June), export volume rose 39.44% year-on-year to 5.02 million tonnes. However, global price declines led to an 11.10% drop in export value to THB 54.64 billion. The MoC continues to actively promote Thai tapioca in international markets, with a 2025 export target set at 7.5 million tonnes.
Bangkok Post
25-07-2025
- Business
- Bangkok Post
Exclusive Interview: 'Arada' Aims to Retain Thailand's Position as World's Top Tapioca Exporter
The Department of Foreign Trade (DFT) under the supervision of the Ministry of Commerce is gearing up to host the World Tapioca Conference 2025 (WTC 2025) in Bangkok, positioning Thailand firmly on the global stage as the world's leading tapioca producer and exporter. Mrs Arada Fuangtong, director-general of the DFT, explained that 'The Ministry of Commerce, led by Mr Jatuporn Buruspat, Commerce Minister, has placed great emphasis on the importance of tapioca as an economic crop that generates income for more than 740,000 Thai farming households, with annual earnings exceeding 100 billion baht.' 'Under the government's policy of we are driving the industry to focus on market-oriented production, enhance quality and standards, and adopt sustainable processes with added value from innovation,' she said. 'The DFT remains committed to the Ministry of Commerce's approach, ensuring integrated collaboration across the supply chain – from farmers to exporters,' Mrs Arada added. Key goals include strengthening domestic stability, expanding trade opportunities, and elevating Thai tapioca's global image to secure farmers' income and improve their quality of life. According to the DFT, Thailand exported 6.47 million tonnes of tapioca in 2024, generating revenue of 110.26 billion baht. For the first months of 2025, exports reached million tonnes, a increase from the same period last year, although declining global prices caused export value to fall by to billion baht. 'The department remains confident in achieving the 2025 export target of 7.5 million tonnes by penetrating high-potential markets and industries,' Mrs Arada added. Set under the theme 'Thailand Tapioca Next: GO Global Go Together,' the upcoming WTC 2025 aims to transform the industry through innovation, sustainability, and stronger international partnerships. The event expects over 1,000 participants worldwide, including importers from China, Japan, South Korea, Australia, Saudi Arabia, and other key markets, alongside Thai exporters, farmers, researchers, and government agencies. Mrs Arada explained that 'The conference will shift Thailand's tapioca industry from raw material exports to value creation, reinforcing the country's position as a global hub for tapioca production, processing, trade, and technology. It also seeks to strengthen trade relations with key partners while supporting farmers and producers to adapt to emerging market demands and technological trends.' Highlights of WTC 2025, seventh edition of the conference, include: July 29, 2025 at Millennium Hilton Bangkok will feature TED Talk–style panel discussions on Esteemed speakers from both domestic and international sectors will share insights with Thai operators, traders, and government representatives. July 30, 2025 at True Icon Hall, ICONSIAM will include: Keynote speeches on global trade trends and strategies to maintain competitiveness. Signing ceremonies for between Thai exporters and international importers to generate forward revenue. Business matching sessions targeting future trade deals. across three focus areas: tapioca chips/pellets, tapioca starch, and innovative tapioca products. Exhibitions showcasing Thailand's holistic tapioca industry, covering upstream cultivation, midstream processed products, and downstream research-based innovations with commercial potential. Notably, the conference will unveil 11 highlighted research projects that demonstrate tapioca's potential in sectors such as food, sweeteners, adhesives, paper, and chemicals, underlining the event's focus on creating sustainable, value-added products. 'WTC 2025 is not merely a conference but a demonstration of Thailand's readiness to lead the global tapioca industry into the future. It aligns with the principle of 'Leave No One Behind,' fostering inclusive development by involving farmers, producers, exporters, researchers, and policymakers,' Mrs Arada stated. 'This event will significantly benefit Thailand's tapioca trade by strengthening relationships with global stakeholders, expanding market opportunities, and ensuring the sustainable development of the industry,' she noted. The World Tapioca Conference 2025 will take place on July 29–30 in Bangkok. All sectors are invited to join this milestone event to reaffirm Thailand's leadership in tapioca production, processing, trade, and technology.
