Thailand: Blueberry And Cranberry Market Overview 2021

Blueberry And Cranberry Market Size in Thailand

For the fourth year in a row, the Thai blueberry and cranberry market recorded growth in sales value, which increased by X% to $X in 2019. Overall, consumption posted a significant expansion. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. Blueberry and cranberry consumption peaked in 2019 and is expected to retain growth in the immediate term.

Blueberry And Cranberry Production in Thailand

In value terms, blueberry and cranberry production expanded sharply to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a slight slump. The pace of growth was the most pronounced in 2008 when the production volume increased by X% y-o-y. Blueberry and cranberry production peaked at $X in 2012; however, from 2013 to 2019, production remained at a lower figure.

In 2019, the average blueberry and cranberry yield in Thailand amounted to X kg per ha, approximately equating the previous year's figure. Over the period under review, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the blueberry and cranberry harvested area in Thailand was estimated at X ha, remaining constant against 2018. Overall, the harvested area showed a relatively flat trend pattern.

Blueberry And Cranberry Exports

Exports from Thailand

In 2019, the amount of blueberries and cranberries exported from Thailand dropped to X tonnes, stabilizing at the year before. Over the period under review, exports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, exports attained the peak of X tonnes, leveling off in the following year.

In value terms, blueberry and cranberry exports amounted to $X in 2019. In general, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. Exports peaked in 2019 and are likely to see gradual growth in years to come.

Exports by Country

Australia (X tonnes) was the main destination for blueberry and cranberry exports from Thailand, with a X% share of total exports. Moreover, blueberry and cranberry exports to Australia exceeded the volume sent to the second major destination, Canada (X tonnes), threefold. The third position in this ranking was occupied by Saudi Arabia (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Australia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Saudi Arabia (+X% per year).

In value terms, Australia ($X) remains the key foreign market for blueberry and cranberry exports from Thailand, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Australia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Saudi Arabia (+X% per year).

Export Prices by Country

In 2019, the average blueberry and cranberry export price amounted to $X per tonne, surging by X% against the previous year. Overall, the export price, however, recorded a noticeable slump. The growth pace was the most rapid in 2008 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2019, the highest prices were recorded for prices to Canada ($X per tonne) and Australia ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) and Maldives ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Australia, while the prices for the other major destinations experienced a decline.

Blueberry And Cranberry Imports

Imports into Thailand

For the sixth consecutive year, Thailand recorded growth in purchases abroad of blueberries and cranberries, which increased by X% to X tonnes in 2019. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2019 and are likely to continue growth in years to come.

In value terms, blueberry and cranberry imports rose remarkably to $X in 2019. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Imports peaked in 2019 and are likely to see gradual growth in the near future.

Imports by Country

New Zealand (X tonnes), Chile (X tonnes) and the U.S. (X tonnes) were the main suppliers of blueberry and cranberry imports to Thailand, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Chile (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest blueberry and cranberry suppliers to Thailand were New Zealand ($X), Chile ($X) and Australia ($X), with a combined X% share of total imports.

Chile (+X% per year) saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average blueberry and cranberry import price stood at $X per tonne in 2019, surging by X% against the previous year. Over the period under review, import price indicated a resilient increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, blueberry and cranberry import price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Chile, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for blueberries and cranberries in the world?

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The U.S. (852K tonnes) constituted the country with the largest volume of blueberry and cranberry consumption, comprising approx. 54% of total volume. Moreover, blueberry and cranberry consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (351K tonnes), twofold. The third position in this ranking was occupied by Germany (63K tonnes), with a 4% share.

What are the largest producers of blueberries and cranberries in the world?

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The countries with the highest volumes of blueberry and cranberry production in 2019 were the U.S. (668K tonnes), Canada (349K tonnes) and Chile (153K tonnes), together accounting for 74% of global production. Peru, Spain, Mexico and Poland lagged somewhat behind, together accounting for a further 16%.

What are the leading suppliers of blueberries and cranberries to Thailand?

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In value terms, the largest blueberry and cranberry suppliers to Thailand were New Zealand ($1.4M), Chile ($872K) and Australia ($831K), with a combined 68% share of total imports.

What are the leading importers of blueberries and cranberries from Thailand?

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In value terms, Australia ($324K) remains the key foreign market for blueberry and cranberry exports from Thailand, comprising 57% of total exports. The second position in the ranking was occupied by Canada ($126K), with a 22% share of total exports. It was followed by Saudi Arabia, with a 11% share.

What is the average export price for blueberries and cranberries in Thailand?

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The average blueberry and cranberry export price stood at $4,375 per tonne in 2019, growing by 7.5% against the previous year.

What is the average import price for blueberries and cranberries in Thailand?

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The average blueberry and cranberry import price stood at $8,825 per tonne in 2019, picking up by 2.4% against the previous year.