Price for Fruit, Edible; Durians, Fresh in Thailand - 2023

Price for Fruit, Edible; Durians, Fresh in Thailand (FOB) - 2023

In July 2023, the average fruit, edible; durians, fresh export price amounted to $4,037 per ton, stabilizing at the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 11% month-to-month. The export price peaked at $5,038 per ton in March 2023; however, from April 2023 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was China ($4,090 per ton), while the average price for exports to Malaysia totaled $1,167 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.2%).

Price for Fruit, Edible; Durians, Fresh in Thailand (CIF) - 2022

The average fruit, edible; durians, fresh import price stood at $976 per ton in 2022, falling by -3.7% against the previous year. Overall, the import price faced a deep downturn. The growth pace was the most rapid in 2018 when the average import price increased by 172% against the previous year. Over the period under review, average import prices reached the maximum at $3,333 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From 2014 to 2022, the rate of growth in terms of prices for Vietnam amounted to -3.7% per year.

Exports of Fruit, Edible; Durians, Fresh in Thailand

In 2022, after three years of growth, there was significant decline in shipments abroad of fruit, edible; durians, freshes, when their volume decreased by -5.5% to 827K tons. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, the exports reached the peak of 875K tons, and then dropped in the following year.

In value terms, fruit, edible; durians, fresh exports declined to $3.3B in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 66%. As a result, the exports reached the peak of $3.4B, and then contracted slightly in the following year.

Export of Fruit, Edible; Durians, Fresh in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	849	1,499	3,082	3,219	55.9%
Hong Kong SAR	227	287	193	86.5	-27.5%
Vietnam	358	244	117	0.9	-86.4%
Others	30.5	29.2	35.2	37.3	6.9%
Total	1,465	2,060	3,427	3,344	31.7%

Top Export Markets for Fruit, Edible; Durians, Fresh from Thailand in 2022:

China (791.8K tons)
Hong Kong SAR (23.5K tons)
Vietnam (0.2K tons)

Imports of Fruit, Edible; Durians, Fresh in Thailand

In 2022, overseas purchases of fruit, edible; durians, freshes decreased by -96.5% to 138 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 1,663%.

In value terms, fruit, edible; durians, fresh imports declined dramatically to $134K in 2022. In general, imports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2020 with an increase of 1,148% against the previous year. As a result, imports attained the peak of $4.1M. From 2021 to 2022, the growth of imports failed to regain momentum.