Latest Report Update: Apr 11, 2019

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

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Thailand: Banana Market Overview 2019

Banana Market Size in Thailand

The revenue of the banana market in Thailand amounted to $X in 2017, falling by -X% against the previous year. Overall, banana consumption continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2014, when market value increased by X% against the previous year. In that year, the banana market attained their peak level of $X. From 2015 to 2017, growth of the banana market failed to regain its momentum.

Banana Production in Thailand

In 2017, the amount of bananas produced in Thailand totaled X tonnes, stabilizing at the previous year. Overall, banana production continues to indicate a deep decrease. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. Over the period under review, the banana production attained its maximum volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level. Banana output in Thailand indicated a deep decrease, which was largely conditioned by a drastic drop of the harvested area and a strong expansion in yield figures.

In 2017, average banana yield in Thailand stood at X tonne per ha, remaining constant against the previous year. Overall, banana yield continues to indicate a strong growth. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. Over the period under review, the average banana yield reached its peak figure level of X tonne per ha in 2014; however, from 2015 to 2017, it stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of bananas were harvested in Thailand; remaining relatively unchanged against the previous year. Overall, banana harvested area continues to indicate a deep deduction. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. The banana harvested area peaked of X ha in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Banana Exports

Exports from Thailand

In 2017, approx. X tonnes of bananas were exported from Thailand; surging by X% against the previous year. In general, the total exports indicated a tangible increase from 2007 to 2017: its volume 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 banana exports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2014, when exports increased by X% against the previous year. The exports peaked of X tonnes in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, banana exports stood at $X in 2017. Overall, banana exports continue to indicate a strong expansion. In that year, the banana exports attained their peak level, and are likely to continue its growth in the immediate term.

Exports by Country

China (X tonnes) was the main destination of banana exports from Thailand, with a X% share of total exports. Moreover, banana exports to China exceeded the volume sent to the second major destination, the U.S. (X tonnes), fivefold. The third position in this ranking was occupied by Japan (X tonnes), with a X% share.

From 2007 to 2017, the average annual growth rate of volume to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Japan (-X% per year).

In value terms, largest markets for banana exported from Thailand were China ($X), the U.S. ($X) and Japan ($X), with a combined X% share of total exports. China, Hong Kong SAR and Viet Nam lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2017, the average banana export price amounted to $X per tonne, jumping by X% against the previous year. In general, banana export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017, when the average export price increased by X% year-to-year. In that year, the average export prices for bananas 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 Japan ($X per tonne), while average price for exports to China ($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 China, Hong Kong SAR (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Banana Imports

Imports into Thailand

In 2017, approx. X tonnes of bananas were imported into Thailand; dropping by -X% against the previous year. Overall, banana imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2016, when it surged by X% year-to-year. The imports peaked of X tonnes in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, banana imports stood at $X in 2017. In general, banana imports continue to indicate a prominent growth. In that year, the banana imports reached their peak level of $X, and then declined slightly in the following year.

Imports by Country

In 2017, Lao People's Democratic Republic (X tonnes) was the main supplier of banana to Thailand, accounting for X% share of total imports. Moreover, banana imports from Lao People's Democratic Republic exceeded the figures recorded by the second largest supplier, Myanmar (X tonnes), more than tenfold.

From 2007 to 2017, the average annual growth rate of volume from Lao People's Democratic Republic stood at +X%.

In value terms, Lao People's Democratic Republic ($X) constituted the largest supplier of banana to Thailand, making up X% of total banana imports. The second position in the ranking was occupied by Myanmar ($X), with a X% share of total imports.

From 2007 to 2017, the average annual rate of growth in terms of value from Lao People's Democratic Republic amounted to +X%.

Import Prices by Country

The average banana import price stood at $X per tonne in 2017, lowering by -X% against the previous year. In general, banana import price continues to indicate a mild slump. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. The import price peaked of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Average import prices varied somewhat amongst the major supplying countries. In 2017, the country with the highest import price was Myanmar ($X per tonne), while price for Lao People's Democratic Republic amounted to $X per tonne.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Myanmar (+X% per year).

Source: IndexBox AI Platform

Product coverage:
• FCL 486 - Bananas

This report provides an in-depth analysis of the banana 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
Ready to Get Started?

We can help you conduct market research and write a report using the most reliable data

Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data