Thailand - Almonds - Market Analysis, Forecast, Size, Trends and Insights

Thailand: Almond Market Overview 2019

Almond Market Size in Thailand

The revenue of the almond market in Thailand amounted to $X in 2017, surging by X% against the previous year. In general, almond consumption continues to indicate a modest increase. The pace of growth appeared the most rapid in 2012, when it surged by X% y-o-y. In that year, the almond market attained their peak level of $X. From 2013 to 2017, growth of the almond market failed to regain its momentum.

Almond Production in Thailand

In 2017, approx. X kg of almonds were produced in Thailand; remaining constant against the previous year. Overall, almond production continues to indicate an abrupt drop. The almond production peaked of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Almond Exports from Thailand

In 2017, approx. X kg of almonds were exported from Thailand; reducing by -X% against the previous year. In general, almond exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2009, with an increase of X% against the previous year. In that year, the almond exports reached their peak volume of X tonnes. From 2010 to 2017, growth of the almond exports stood at a somewhat lower level.

In value terms, almond exports stood at $X in 2017. Overall, almond exports continue to indicate a precipitous decline. In that year, the almond exports attained their peak level of $X. From 2010 to 2017, growth of the almond exports failed to regain its momentum.

Almond Exports by Country from Thailand

Azerbaijan (X tonnes), Viet Nam (X tonnes) and China (X tonnes) were the main destinations of almond exports from Thailand.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Kuwait (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Azerbaijan ($X), Viet Nam ($X) and the Philippines ($X) appeared to be the largest markets for almond exported from Thailand worldwide.

In terms of the main countries of destination , the Philippines (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Almond Export Prices by Country in Thailand

In 2017, the average almond export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price indicated a remarkable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the almond export price increased by +X% against 2010 indices. The pace of growth was the most pronounced in 2017, when it surged by X% y-o-y. In that year, the average export prices for almonds attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was the Philippines ($X per tonne), while average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to the Philippines (-X% per year), the export prices for other major destinations experienced a decline.

Almond Imports into Thailand

In 2017, the amount of almonds imported into Thailand amounted to X tonnes, coming down by -X% against the previous year. In general, almond imports continue to indicate a measured downturn. The growth pace was the most rapid in 2008, when imports increased by X% year-to-year. The imports peaked of X tonnes in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, almond imports amounted to $X in 2017. Overall, almond imports continue to indicate a prominent expansion. The imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Almond Imports by Country into Thailand

China, Hong Kong SAR (X tonnes), Australia (X tonnes) and China (X tonnes) were the main suppliers of almond imports to Thailand.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Australia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest almond suppliers to Thailand were Australia ($X), China, Hong Kong SAR ($X) and China ($X).

Australia (+X% per year) experienced the highest rates of growth with regard to imports, among the main suppliers over the last decade, while the other leaders experienced more modest paces of growth.

Almond Import Prices by Country in Thailand

In 2017, the average almond import price amounted to $X per tonne, growing by X% against the previous year. Overall, almond import price continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. The import price peaked of $X per tonne in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Average import prices varied somewhat amongst the major supplying countries. In 2017, the countries with the highest import prices were the U.S. ($X per tonne) and China ($X per tonne), while prices for almond imports from China, Hong Kong SAR ($X per tonne) and Australia ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform