Thailand - Dried Prunes - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Thailand - Dried Prunes - Market Analysis, Forecast, Size, Trends and Insights

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Dried Prune Price in Thailand - 2023

Contents:

  1. Dried Prune Price in Thailand (CIF) - 2023
  2. Dried Prune Price in Thailand (FOB) - 2022
  3. Dried Prune Imports in Thailand
  4. Dried Prune Exports in Thailand

Dried Prune Price in Thailand (CIF) - 2023

In July 2023, the average dried prune import price amounted to $4,404 per ton, falling by -5.6% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 42% month-to-month. Over the period under review, average import prices reached the peak figure at $6,405 per ton in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Chile ($4,486 per ton), while the price for the United States amounted to $3,433 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+0.7%), while the prices for the other major suppliers experienced a decline.

Dried Prune Price in Thailand (FOB) - 2022

In 2022, the average dried prune export price amounted to $2,561 per ton, stabilizing at the previous year. In general, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2014 an increase of 106%. The export price peaked at $5,257 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($6,084 per ton), while the average price for exports to the United States ($1,939 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Prune Imports in Thailand

In 2022, purchases abroad of dried prunes decreased by -54.1% to 249 tons, falling for the second year in a row after two years of growth. In general, imports showed a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 1.5%. As a result, imports reached the peak of 694 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, dried prune imports declined notably to $1M in 2022. Over the period under review, imports recorded a precipitous shrinkage. The growth pace was the most rapid in 2020 with an increase of 1.5% against the previous year. As a result, imports reached the peak of $2.4M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Dried Prune in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,7751,6511,298527-33.3%
Chile28757676946017.0%
China24.526.642.60.6-71.0%
Others25212015853.2-40.5%
Total2,3392,3742,2681,040-23.7%

Top Suppliers of Dried Prune to Thailand in 2022:

  1. United States (130.8 tons)
  2. Chile (107.9 tons)
  3. China (0.5 tons)

Dried Prune Exports in Thailand

In 2022, overseas shipments of dried prunes decreased by -78.8% to 24 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 186% against the previous year. As a result, the exports attained the peak of 115 tons, and then shrank markedly in the following year.

In value terms, dried prune exports reduced remarkably to $63K in 2022. Overall, exports faced a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 62%. As a result, the exports attained the peak of $295K, and then declined significantly in the following year.

Export of Dried Prune in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11490.722226.1-38.8%
China11.3N/AN/A18.618.1%
Chile0.1N/AN/A10.0364.2%
Philippines9.220.911.73.5-27.5%
Hong Kong SARN/A19.7N/A1.6-71.5%
Vietnam14.510.56.4N/A-33.6%
Others31.040.654.82.9-54.6%
Total18018229562.7-29.6%

Top Export Markets for Dried Prune from Thailand in 2022:

  1. United States (13.5 tons)
  2. China (7.5 tons)
  3. Chile (2.0 tons)
  4. Philippines (0.7 tons)
  5. Hong Kong SAR (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dried prune market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Thailand

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Thailand
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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