Thailand: Citrus Fruit Market 2024

Citrus Fruit Market Size in Thailand

The Thai citrus fruit market contracted to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Citrus Fruit Production in Thailand

In value terms, citrus fruit production expanded modestly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The average yield of citrus fruits in Thailand rose to X tons per ha in 2022, with an increase of X% compared with the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the yield increased by X% against the previous year. Over the period under review, the average citrus fruit yield reached the maximum level at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the citrus fruit harvested area in Thailand declined modestly to X ha, stabilizing at 2021. Overall, the harvested area recorded a slight decrease. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the harvested area dedicated to citrus fruit production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

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Citrus Fruit Exports

Exports from Thailand

In 2022, shipments abroad of citrus fruits increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, citrus fruit exports skyrocketed to $X in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

China (X tons) was the main destination for citrus fruit exports from Thailand, accounting for a X% share of total exports. Moreover, citrus fruit exports to China exceeded the volume sent to the second major destination, Myanmar (X tons), fourfold. Vietnam (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (X% per year) and Vietnam (X% per year).

In value terms, China ($X) remains the key foreign market for citrus fruits exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Myanmar, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Myanmar (X% per year).

Export Prices by Country

In 2022, the average citrus fruit export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price posted resilient growth. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Citrus Fruit Imports

Imports into Thailand

In 2022, imports of citrus fruits into Thailand fell notably to X tons, shrinking by X% against the previous year. Over the period under review, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, citrus fruit imports dropped to $X in 2022. Overall, imports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest citrus fruit supplier to Thailand, accounting for a X% share of total imports. Moreover, citrus fruit imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), fourfold. Myanmar (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Myanmar (X% per year).

In value terms, China ($X) constituted the largest supplier of citrus fruits to Thailand, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with a X% share of total imports. It was followed by Myanmar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Myanmar (X% per year).

Import Prices by Country

The average citrus fruit import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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