The line chart delineates the structural changes in the monthly price of exported rice from Thailand and Viet Nam over a 3-year period spanning from 2012 to 2015, measured on million dollar per tons.
Overall, it is immediately apparent that while the figures on 2012 in ThaiLand and Viet Nam exhibited a sustained upward trajectory over the period shown, an inverse pattern was observed in the figures for 2013 in ThaiLand and Viet nam, which experienced a steady degradation.
In Thailand, the figure for 2013 started at approximately 550 in January, making it the highest among the four years, before declining gradually to around 500 in July and falling further to 400 by December. In contrast, the price in 2012 began at roughly 510 and fluctuated over the following months, dropping sharply in April before recovering and rising to approximately 550 in August, where it remained relatively stable until the end of the year. Meanwhile, the figure for 2014 experienced considerable fluctuations, reaching a low of around 400 in March before recovering, whereas the 2015 figure increased from approximately 400 in January to nearly 490 in December.
In Viet Nam, the figure for 2012 stood at approximately 400 in January, before falling to around 360 in April. It subsequently recovered, reaching about 405 in August and September, before fluctuating and ending the year at approximately 400. By comparison, the price in 2013 started at around 370 and remained relatively stable during the first few months, before declining to approximately 340 in July and finishing at about 350 in December. The figure for 2014 rose gradually from around 330 to 350 and remained relatively stable towards the end of the year. Finally, the 2015 figure began at approximately 300 in March, climbed to around 370 in August and September, and then fell considerably to about 320 by December.
Regarding the remaining years, the figure for 2014 remained relatively stable at around 330 to 350 throughout the period, whereas the 2015 figure rose from approximately 300 in March to around 370 in August and September, before declining sharply to about 320 by December. Overall, Vietnam’s export prices showed varying trends, with the 2012 figure ending at the highest level among the four years.