Search

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

Thailand GI Crafts Market Crosses 400M Baht

Thailand GI Crafts Market Crosses 400M Baht

Post by : Shakul

The government of Thailand has revealed strong growth in Geographical Indication (GI) products, especially in pottery, woven handicrafts, and natural material categories. These products are expected to generate a total market value of over 440 million baht, highlighting their growing importance in the national economy.

According to officials, a survey covering 27 GI-registered products across 39 provinces shows that these items are not only preserving traditional skills but also creating real income opportunities for local communities. The growth reflects increasing demand for authentic and region-specific products.

Among all products, Phatthalung sedge has emerged as the top performer, generating around 150 million baht in value. Its average price has increased significantly, now reaching about 300 baht per piece, showing how GI certification has enhanced its market appeal.

Other major contributors include Kanchanaburi black spinel, which has generated over 90 million baht, and Isaan traditional silk, which has reached more than 43 million baht in value. These products have also seen price increases, reflecting higher demand and improved branding.

Lopburi kaolin and Pran Kratai marble are also performing well in the market. These materials are used in construction and handicrafts, and their prices have risen steadily since receiving GI recognition. The wide price range of marble and handicrafts shows their versatility in different industries.

Officials say that GI certification has helped improve product quality, increase value, and create stronger identities for local goods. This has made it easier for producers to compete in both domestic and international markets.

The government has included the promotion of GI products as part of its economic strategy. Under the SME development policy, these products are seen as a way to strengthen small businesses and create sustainable income for rural communities.

Experts believe that continued support and promotion will further expand the GI market. With rising awareness and demand, these traditional products are expected to play an even bigger role in Thailand’s economy in the coming years.

April 29, 2026 11:17 a.m. 127

#Thailand News #Asia News #Economy #Business

TECOM Group Sees 12% Surge in Q1 2026 Profits Amidst Rising UAE Demand
April 29, 2026 12:48 p.m.
TECOM Group's Q1 2026 financials show AED 755M revenue (+11% YoY) and AED 403M profit (+12%), fueled by strong demand and high occupancy.
Read More
Support for Panama's Sovereignty Grows Amid China Tensions
April 29, 2026 12:47 p.m.
The US and its allies reaffirm Panama's sovereignty, highlighting concerns over China's influence in global trade relations.
Read More
Indian U-17 Women's Team Set for AFC Cup Challenge
April 29, 2026 12:47 p.m.
The Indian U-17 women’s football team launches its AFC Asian Cup quest in China, targeting a spot in the FIFA World Cup.
Read More
Vietnam Proposes New Architecture Practice Rules
April 29, 2026 12:40 p.m.
Draft law aims to update licensing, improve standards, and strengthen management of architects with focus on digital systems and reforms
Read More
East Bengal Triumphs 3-0 Over Odisha FC in ISL 2025-26
April 29, 2026 12:30 p.m.
East Bengal secured a 3-0 victory against Odisha FC in the ISL, bolstered by goals from Bipin Singh and Youssef Ezzejari.
Read More
Vietnam Issues Pre-University School Rules
April 29, 2026 12:29 p.m.
New circular defines structure, duties, and education system of pre-university schools to support students from ethnic and remote regions
Read More
UAE Team Emirates-XRG Kicks Off Tour de Romandie 2026 with Impressive Prologue
April 29, 2026 12:20 p.m.
UAE Team Emirates-XRG shines in Romandie 2026 prologue: Oliveira finishes 3rd, Pogačar 6th in swift performance.
Read More
UAE's OPEC Exit: A New Era in Global Energy Dynamics
April 29, 2026 12:20 p.m.
The UAE's departure from OPEC signifies a pivotal change in energy politics, influencing oil supply and market behavior.
Read More
FIFA Announces Increased Prize Money and Reforms for Upcoming Tournaments
April 29, 2026 12:17 p.m.
FIFA boosts funding for 48 teams in international tournaments, enhancing support and implementing significant reforms.
Read More