Thailand: Apple Market Overview 2020

Apple Market Size in Thailand

The revenue of the apple market in Thailand amounted to $X in 2018, lowering by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, apple consumption, however, continues to indicate remarkable growth. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, the apple market reached its peak figure level at $X in 2016; however, from 2017 to 2018, consumption stood at a somewhat lower figure.

Apple Exports

Exports from Thailand

In 2018, the amount of apples exported from Thailand amounted to X tonnes, going up by X% against the previous year. Over the period under review, apple exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. In that year, apple exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, apple exports amounted to $X in 2018. Overall, apple exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, apple exports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

Lao People's Democratic Republic (X tonnes) was the main destination for apple exports from Thailand, accounting for a X% share of total exports. Moreover, apple exports to Lao People's Democratic Republic exceeded the volume sent to the second major destination, Myanmar (X tonnes), threefold. The third position in this ranking was occupied by China, Hong Kong SAR (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Lao People's Democratic Republic amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+X% per year) and China, Hong Kong SAR (+X% per year).

In value terms, Lao People's Democratic Republic ($X) remains the key foreign market for apple exports from Thailand, comprising X% of total apple exports. The second position in the ranking was occupied by Myanmar ($X), with a X% share of total exports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Lao People's Democratic Republic amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (-X% per year) and China, Hong Kong SAR (+X% per year).

Export Prices by Country

In 2018, the average apple export price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the apple export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices for apples reached their maximum at $X per tonne in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Singapore ($X per tonne), while the average price for exports to Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, Hong Kong SAR, while the prices for the other major destinations experienced a decline.

Apple Imports

Imports into Thailand

In 2018, the amount of apples imported into Thailand amounted to X tonnes, leveling off at the previous year. Overall, the total imports indicated remarkable growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, apple imports decreased by -X% against 2016 indices. The growth pace was the most rapid in 2015 when imports increased by X% year-to-year. Over the period under review, apple imports attained their peak figure at X tonnes in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, apple imports stood at $X in 2018. In general, apple imports, however, continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Imports peaked at $X in 2016; however, from 2017 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of apple to Thailand, accounting for a X% share of total imports. Moreover, apple imports from China exceeded the figures recorded by the second-largest supplier, New Zealand (X tonnes), sixfold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and the U.S. (+X% per year).

In value terms, China ($X) constituted the largest supplier of apple to Thailand, comprising X% of total apple imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

In 2018, the average apple import price amounted to $X per tonne, waning by -X% against the previous year. In general, the import price indicated a buoyant increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, apple import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2011 an increase of X% y-o-y. The import price peaked at $X per tonne in 2015; however, from 2016 to 2018, import prices failed to regain their momentum.

Average prices varied noticeably amongst the major supplying countries. In 2018, the countries with the highest prices were France ($X per tonne) and New Zealand ($X per tonne), while the price for the U.S. ($X per tonne) and China ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform