Thailand - Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSoft Drink Price in Thailand - 2023
Contents:
- Soft Drink Price in Thailand (FOB) - 2022
- Soft Drink Price in Thailand (CIF) - 2023
- Soft Drink Exports in Thailand
- Soft Drink Imports in Thailand
Soft Drink Price in Thailand (FOB) - 2022
The average soft drink export price stood at $0.8 per litre in 2022, picking up by 8.4% against the previous year. In general, the export price, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2018 an increase of 49% against the previous year. The export price peaked at $1.1 per litre in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1.2 per litre), while the average price for exports to South Korea ($0.4 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.4%), while the prices for the other major destinations experienced a decline.
Soft Drink Price in Thailand (CIF) - 2023
The average soft drink import price stood at $656 per thousand litres in September 2023, with a decrease of -8.8% against the previous month. Overall, the import price recorded a mild slump. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 40% m-o-m. As a result, import price reached the peak level of $1.2 per litre. From January 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($2.3 per litre), while the price for Lao People's Democratic Republic ($252 per thousand litres) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Soft Drink Exports in Thailand
In 2022, shipments abroad of soft drinks decreased by -52.9% to 937M litres, falling for the second consecutive year after two years of growth. Overall, exports recorded a sharp reduction. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, the exports reached the peak of 2.9B litres. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, soft drink exports contracted dramatically to $795M in 2022. Over the period under review, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2020 with an increase of 0.1% against the previous year. As a result, the exports reached the peak of $1.6B. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Soft Drink in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 520 | 447 | 391 | 232 | -23.6% |
| Myanmar | 105 | 235 | 235 | 116 | 3.4% |
| Vietnam | 486 | 384 | 378 | 88.0 | -43.4% |
| Lao People's Democratic Republic | 87.4 | 87.9 | 97.1 | 71.2 | -6.6% |
| China | 64.3 | 170 | 167 | 43.3 | -12.3% |
| Philippines | 61.2 | 43.5 | 35.0 | 41.8 | -11.9% |
| Indonesia | 33.8 | 28.4 | 36.3 | 22.7 | -12.4% |
| South Korea | 14.2 | 9.9 | 12.9 | 17.3 | 6.8% |
| Singapore | 19.6 | 37.9 | 56.0 | 17.0 | -4.6% |
| France | 2.7 | 2.6 | 4.2 | 15.6 | 79.4% |
| Ghana | 18.2 | 14.6 | 16.9 | 14.4 | -7.5% |
| Malaysia | 48.2 | 20.8 | 14.9 | 13.1 | -35.2% |
| Others | 131 | 111 | 114 | 103 | -7.7% |
| Total | 1,591 | 1,593 | 1,558 | 795 | -20.6% |
Top Export Markets for Soft Drink from Thailand in 2022:
- Cambodia (304.2M litres)
- Myanmar (123.3M litres)
- Lao People's Democratic Republic (83.9M litres)
- Vietnam (74.2M litres)
- Philippines (50.0M litres)
- China (47.3M litres)
- South Korea (41.1M litres)
- Indonesia (27.5M litres)
- France (21.6M litres)
- Ghana (17.2M litres)
- Malaysia (16.1M litres)
- Singapore (15.3M litres)
Soft Drink Imports in Thailand
In 2022, overseas purchases of soft drinks decreased by -22.4% to 34M litres, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 53% against the previous year. As a result, imports reached the peak of 52M litres. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, soft drink imports expanded sharply to $31M in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports attained the peak of $37M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Soft Drink in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 7.1 | 3.6 | 5.9 | 6.8 | -1.4% |
| Lao People's Democratic Republic | 8.0 | 8.5 | 11.5 | 6.0 | -9.1% |
| Indonesia | 2.0 | 3.7 | 0.5 | 5.1 | 36.6% |
| Singapore | 2.1 | 1.8 | 1.4 | 2.9 | 11.4% |
| Malaysia | 6.3 | 11.9 | 2.1 | 2.0 | -31.8% |
| Australia | 0.6 | 1.1 | 0.8 | 1.6 | 38.7% |
| China | N/A | 0.3 | 0.7 | 1.4 | 116.0% |
| Netherlands | 2.4 | 1.5 | 0.5 | N/A | -54.4% |
| Others | 3.1 | 4.4 | 5.3 | 5.7 | 22.5% |
| Total | 31.7 | 36.8 | 28.8 | 31.5 | -0.2% |
Top Suppliers of Soft Drink to Thailand in 2022:
- Netherlands (undefinedM litres)
- Lao People's Democratic Republic (15.6M litres)
- Indonesia (4.7M litres)
- Malaysia (3.1M litres)
- South Korea (3.1M litres)
- Singapore (2.6M litres)
- China (1.4M litres)
- Australia (1.1M litres)
This report provides an in-depth analysis of the soft drink 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 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
- Prodcom 11071950 - z Non-alcoholic beverages not containing milk fat (excluding sweetened or unsweetened mineral, aerated or flavoured waters)
- Prodcom 11071970 - Non-alcoholic beverages containing milk fat
- Prodcom 110000Z1 - Non-alcoholic beverages, not containing milk, milk products and fats derived therefrom (excl. water, fruit or vegetable juices)
- Prodcom 11051010 - Non-alcoholic beer and beer containing . 0.5% alcohol
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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