President of the Thai Rice Exporters AssociatioCharoen Laothammatas predicted that the figure will reach 7.5 million tonnes this year, a 24.2% drop from last year’s 9.94 million tonmes.

The Thai Ministry of Commerce is maintaining its export growth target of 2–3% for 2025.

Thailand’s rice exports are expected to face stiffer competition as India has removed export restrictions and taxes, allowing unlimited rice exports, according to Charoen Laothammatas, President of the Thai Rice Exporters Association.

Thailand is on course to overtake Vietnam as the world’s second biggest rice exporter this year, according to the Thai Rice Exporters Association (TREA).

Thailand's rice exports are expected to reach 600,000 to 650,000 tonnes in May on pending delivery contracts, following higher rice demand and the weakening baht.

Thailand's rice exports are expected to exceed 8 million tonnes this year, driven by the weakness of the baht and rising demand in the global market, according to Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association (TREA).

Thai rice prices are expected to increase by 5 percent in the second quarter, pushed up by the Russia-Ukraine conflict’s effect on surging global commodity prices, said veteran trader Chookiat Ophaswongse.

Thailand’s rice exports have been forecast to rise by 14.8 percent this year to 7 million tonnes driven by sufficient water supply.

A weaker baht is predicted to increase Thailand’s rice exports in the rest of 2021 by making Thai rice more competitive and prompting higher global demand.

Thailand’s rice exports plunged by 23 percent year-on-year in the first quarter of 2021 to 1.13 million tonnes due to its higher prices than those of competitors.

The Thai government wants to raise the average yield of domestic paddy production to 600 kilogrammes per rai (0.16ha) by 2024 and focus more on premium-grade grains.

Thai Deputy Prime Minister and Commerce Minister Jurin Laksanawisit has pledged to speed up adjustment of the country’s rice strategy as quickly as possible as the industry is facing an array of challenges, including a strong baht and rising production costs.

The Thai Rice Exporters Association on July 22 predicted that the country’s 2020 rice exports will drop to 6.5 million tonnes, the lowest volume in two decades, owing to drought and a strong baht currency.

The National Rice Policy Committee, chaired by Prime Minister Prayut Chan-o-cha, has approved a rice price guarantee scheme for the 2020-2021 crop, offering guaranteed prices at the same rates as during the previous season.

Thailand's rice export is facing an unpromising outlook in the second half of 2020 amid sluggish global demand caused by the coronavirus crisis.

The price of Thai rice is higher than that of competitors due to limited supply and the strengthening of the baht, which could hurt exports, the Thai Rice Exporters Association (TREA) said.

Rice prices will rise until the middle of the year as consumers around the world are beefing up their stockpiles, while China will not increase their exports for food security to deal with the outbreak of the acute respiratory disease caused by the coronavirus SARS-CoV-2 (COVID-19), the Thai Rice Exporters Association (TREA) forecast.

Thailand risks losing its place as the world’s second biggest rice exporter this year thanks to weaker competitiveness and a lack of new rice varieties to cater to changing market demand.

Thailand’s rice sector is enduring one of its most difficult periods as a strong baht has made its exports uncompetitive, said Chookiat Ophaswongse, Honorary President of the Thai Rice Exporters Association (TREA).​

Thailand’s rice exports are forecast at 8 – 8.1 million tonnes in 2019, compared to the target of 9 million tonnes.