Thailand - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Cherry and Sour Cherry in Thailand - 2023
Contents:
- Price for Cherry and Sour Cherry in Thailand (CIF) - 2022
- Price for Cherry and Sour Cherry in Thailand (FOB) - 2022
- Imports of Cherry and Sour Cherry in Thailand
- Exports of Cherry and Sour Cherry in Thailand
Price for Cherry and Sour Cherry in Thailand (CIF) - 2022
The average cherry and sour cherry import price stood at $10,416 per ton in 2022, with an increase of 10% against the previous year. Overall, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 97%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($17,663 per ton), while the price for Canada ($4,224 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cherry and Sour Cherry in Thailand (FOB) - 2022
In 2022, the average cherry and sour cherry export price amounted to $4,855 per ton, picking up by 35% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2017 an increase of 792% against the previous year. The export price peaked at $6,443 per ton in 2018; however, from 2019 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 Russia ($7,832 per ton), while the average price for exports to Lao People's Democratic Republic ($439 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 Russia (+39.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cherry and Sour Cherry in Thailand
After two years of decline, purchases abroad of cherries and sour cherries increased by 6.5% to 2.2K tons in 2022. Overall, imports, however, continue to indicate a deep downturn.
In value terms, cherry and sour cherry imports skyrocketed to $23M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cherry and Sour Cherry in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 10.9 | 11.2 | 12.1 | 13.9 | 8.4% |
| New Zealand | 2.3 | 3.4 | 2.4 | 3.6 | 16.1% |
| United States | 5.4 | 3.4 | 2.2 | 2.3 | -24.8% |
| Australia | 0.8 | 1.5 | 2.1 | 2.1 | 37.9% |
| Canada | 0.5 | 0.7 | 0.4 | 1.2 | 33.9% |
| Others | 0.1 | N/A | 0.3 | N/A | 73.2% |
| Total | 19.9 | 20.2 | 19.6 | 23.1 | 5.1% |
Top Suppliers of Cherry and Sour Cherry to Thailand in 2022:
- Chile (1079.0 tons)
- United States (516.7 tons)
- Canada (276.8 tons)
- New Zealand (222.0 tons)
- Australia (118.4 tons)
Exports of Cherry and Sour Cherry in Thailand
In 2022, after three years of growth, there was significant decline in overseas shipments of cherries and sour cherries, when their volume decreased by -72% to 28 tons. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,489%.
In value terms, cherry and sour cherry exports contracted dramatically to $138K in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,180%.
| Export of Cherry and Sour Cherry in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 0.1 | 52.5 | 41.7 | 58.9 | 738.2% |
| Russia | 1.9 | 38.6 | 216 | 46.6 | 190.5% |
| Qatar | N/A | N/A | N/A | 15.4 | 0% |
| Oman | 5.6 | N/A | N/A | 3.0 | -18.8% |
| Lao People's Democratic Republic | N/A | 5.1 | 18.9 | 2.6 | -28.6% |
| France | N/A | N/A | 3.6 | 2.6 | -27.8% |
| United Kingdom | N/A | N/A | 49.6 | 0.9 | -98.2% |
| United Arab Emirates | N/A | N/A | 0.2 | 0.5 | 150.0% |
| Switzerland | N/A | 2.5 | 24.2 | 0.4 | -60.0% |
| Others | 0.6 | 5.6 | 11.1 | 7.3 | 130.0% |
| Total | 8.1 | 104 | 365 | 138 | 157.3% |
Top Export Markets for Cherry and Sour Cherry from Thailand in 2022:
- Myanmar (11.2 tons)
- Russia (6.0 tons)
- Lao People's Democratic Republic (5.9 tons)
- Qatar (2.9 tons)
- United Arab Emirates (0.6 tons)
- France (0.6 tons)
- Oman (0.4 tons)
- United Kingdom (0.1 tons)
- Switzerland (0.1 tons)
This report provides an in-depth analysis of the market for cherry and sour cherry 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 530 - Sour cherries
- FCL 531 - Cherries
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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