The Thai Royal Gazette this week announced the temporary suspension of pork and pig exports for three months to curb insufficient supply and the significantly rising price of pork in the Kingdom.
Due to the decline in domestic pork production which results in insufficient supply for domestic consumption, the Central Committee on Prices of Goods and Services, therefore, released a notification to temporarily prohibit the export of swine and pork out of the Kingdom under any circumstances in order to solve the insufficient domestic consumption.
The announcement shall be put into effect in all areas throughout the Kingdom for a period of three months from the day of the announcement date until further notice.
This follows public complaints after many restaurants in Thailand have started to adjust their dish prices due to the price rise. According to the local media, pork prices have risen to as high as 250 baht per kilogram in the markets. It started to climb from around 115 baht/kilogram since May 2021.
We covered the reasons behind this, especially in our home region of Chonburi, here.
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