Thailand - Gingerbread - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGingerbread Price in Thailand - 2023
Contents:
- Gingerbread Price in Thailand (FOB) - 2023
- Gingerbread Price in Thailand (CIF) - 2022
- Gingerbread Exports in Thailand
- Gingerbread Imports in Thailand
Gingerbread Price in Thailand (FOB) - 2023
The average gingerbread export price stood at $3,088 per ton in June 2023, increasing by 10% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in October 2022 when the average export price increased by 24% m-o-m. The export price peaked in June 2023.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was South Korea ($5,146 per ton), while the average price for exports to Hong Kong SAR ($599 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Gingerbread Price in Thailand (CIF) - 2022
In 2022, the average gingerbread import price amounted to $3,828 per ton, therefore, remained relatively stable against the previous year. Overall, the import price, however, showed a pronounced reduction. The growth pace was the most rapid in 2017 when the average import price increased by 99% against the previous year. The import price peaked at $5,646 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($6,120 per ton), while the price for the United States ($2,384 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Gingerbread Exports in Thailand
In 2022, gingerbread exports from Thailand soared to 523 tons, surging by 22% against the year before. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 62% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, gingerbread exports rose rapidly to $1.3M in 2022. The total export value increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Gingerbread in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 358 | 619 | 846 | 857 | 33.8% |
| South Korea | N/A | 2.6 | 0.1 | 150 | 659.6% |
| Myanmar | 1.4 | 22.0 | 135 | 144 | 368.5% |
| Cambodia | 71.5 | 97.1 | 85.3 | 70.7 | -0.4% |
| Vietnam | 66.2 | 36.8 | 39.2 | 28.6 | -24.4% |
| Hong Kong SAR | 306 | 75.7 | 30.7 | 10.9 | -67.1% |
| Others | 155 | 109 | 107 | 66.2 | -24.7% |
| Total | 958 | 963 | 1,243 | 1,327 | 11.5% |
Top Export Markets for Gingerbread from Thailand in 2022:
- Lao People's Democratic Republic (272.4 tons)
- Myanmar (151.4 tons)
- South Korea (48.2 tons)
- Cambodia (20.9 tons)
- Vietnam (9.7 tons)
- Hong Kong SAR (3.3 tons)
Gingerbread Imports in Thailand
Gingerbread imports into Thailand skyrocketed to 26 tons in 2022, with an increase of 50% on 2021 figures. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, gingerbread imports soared to $101K in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Gingerbread in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 21.9 | 36.1 | 35.7 | 48.2 | 30.1% |
| Sweden | 24.1 | 16.3 | 26.0 | 42.1 | 20.4% |
| China | N/A | N/A | N/A | 4.7 | 0% |
| Others | 2.9 | 2.0 | 4.8 | 5.9 | 26.7% |
| Total | 49.0 | 54.5 | 66.5 | 101 | 27.3% |
Top Suppliers of Gingerbread to Thailand in 2022:
- United Kingdom (17.1 tons)
- Sweden (6.9 tons)
- China (1.7 tons)
This report provides an in-depth analysis of the gingerbread 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:
- Prodcom 10721230 - Gingerbread and the like
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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