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

Thailand - Mandarin and Clementine - Market Analysis, Forecast, Size, Trends and Insights

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Mandarin and Clementine Price in Thailand - 2023

Contents:

  1. Mandarin and Clementine Price in Thailand (CIF) - 2023
  2. Mandarin and Clementine Price in Thailand (FOB) - 2023
  3. Mandarin and Clementine Imports in Thailand
  4. Mandarin and Clementine Exports in Thailand

Mandarin and Clementine Price in Thailand (CIF) - 2023

In July 2023, the average mandarin and clementine import price amounted to $1,554 per ton, increasing by 9% against the previous month. In general, the import price, however, showed a mild descent. The most prominent rate of growth was recorded in December 2022 an increase of 23% m-o-m. Over the period under review, average import prices reached the peak figure at $1,926 per ton in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($2,058 per ton), while the price for China totaled $1,216 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+2.0%).

Mandarin and Clementine Price in Thailand (FOB) - 2023

In July 2023, the average mandarin and clementine export price amounted to $853 per ton, waning by -4.9% against the previous month. Over the period under review, export price indicated a measured expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, mandarin and clementine export price decreased by -10.7% against May 2023 indices. The pace of growth appeared the most rapid in January 2023 an increase of 72% month-to-month. The export price peaked at $1,031 per ton in February 2023; however, from March 2023 to July 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From July 2022 to July 2023, the rate of growth in terms of prices for Myanmar amounted to +2.7% per month.

Mandarin and Clementine Imports in Thailand

In 2022, purchases abroad of tangerines, mandarins, clementines, satsumas decreased by -19% to 82K tons, falling for the second consecutive year after two years of growth. In general, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 106% against the previous year. As a result, imports attained the peak of 103K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, mandarin and clementine imports dropped to $101M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 78%.

Import of Mandarin and Clementine in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.276.384.373.929.3%
Australia18.717.925.426.712.6%
Others0.40.40.20.3-9.1%
Total53.294.611010123.8%

Top Suppliers of Mandarin and Clementine to Thailand in 2022:

  1. China (67.4K tons)
  2. Australia (14.3K tons)

Mandarin and Clementine Exports in Thailand

For the fourth year in a row, Thailand recorded growth in shipments abroad of tangerines, mandarins, clementines, satsumas, which increased by 92% to 6.4K tons in 2022. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 116%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, mandarin and clementine exports reduced to $4.3M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 196%. As a result, the exports reached the peak of $4.4M, and then reduced slightly in the following year.

Export of Mandarin and Clementine in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MyanmarN/A2251,7773,140273.6%
Vietnam9.4122N/A721324.9%
Cambodia30.333711316274.9%
Lao People's Democratic Republic10172.561.851.3-20.2%
Hong Kong SAR2095038.81.9-79.1%
China10976.6N/AN/A-29.7%
MalaysiaN/AN/A1,173N/A0%
Others1731531,2671791.1%
Total6311,4904,4024,25688.9%

Top Export Markets for Mandarin and Clementine from Thailand in 2022:

  1. Hong Kong SAR (undefinedK tons)
  2. Myanmar (4.3K tons)
  3. Vietnam (1.7K tons)
  4. Cambodia (0.2K tons)
  5. Lao People's Democratic Republic (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mandarin and clementine 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:

  • FCL 495 - Tangerines, mandarins, clementines, satsumas

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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