Thailand: Overview of the Market for Grape Juice (Single Strength) 2021

Market Size for Grape Juice (Single Strength) in Thailand

The Thai grape juice (single strength) market surged to $X in 2019, growing 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). Overall, consumption enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Grape juice (single strength) consumption peaked at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Exports of Grape Juice (Single Strength)

Exports from Thailand

In 2019, the amount of grape juice (single strength) exported from Thailand dropped to X tonnes, with a decrease of -X% against 2018 figures. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, grape juice (single strength) exports shrank sharply to $X in 2019. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2018, and then dropped markedly in the following year.

Exports by Country

The United Arab Emirates (X tonnes), China (X tonnes) and Japan (X tonnes) were the main destinations of grape juice (single strength) exports from Thailand, with a combined X% share of total exports.

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

In value terms, the largest markets for grape juice (single strength) exported from Thailand were China ($X), the United Arab Emirates ($X) and Japan ($X), together comprising X% of total exports.

Japan (+X% per year) recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average grape juice (single strength) export price stood at $X per tonne in 2019, reducing by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. The export price peaked at $X per tonne in 2009; however, from 2010 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to Bangladesh ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grape Juice (Single Strength)

Imports into Thailand

In 2019, supplies from abroad of grape juice (single strength) increased by X% to X tonnes, rising for the second consecutive year after three years of decline. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

In value terms, grape juice (single strength) imports soared to $X in 2019. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, the U.S. (X tonnes) constituted the largest grape juice (single strength) supplier to Thailand, accounting for a X% share of total imports. Moreover, grape juice (single strength) imports from the U.S. exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), threefold. The third position in this ranking was occupied by Australia (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Australia (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of grape juice (single strength) to Thailand, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2007 to 2019, the average annual growth rate of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Australia (+X% per year).

Import Prices by Country

The average grape juice (single strength) import price stood at $X per tonne in 2019, growing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 an increase of X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grape juice (single strength) in the world?

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The U.S. (223K tonnes) constituted the country with the largest volume of grape juice (single strength) consumption, comprising approx. 27% of total volume. Moreover, grape juice (single strength) consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Argentina (105K tonnes), twofold. The third position in this ranking was occupied by Germany (83K tonnes), with a 10% share.

What are the largest producers of grape juice (single strength) in the world?

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The countries with the highest volumes of grape juice (single strength) production in 2019 were the U.S. (232K tonnes), Italy (162K tonnes) and Spain (151K tonnes), together accounting for 65% of global production. Argentina, Brazil, Chile and Iran lagged somewhat behind, together comprising a further 28%.

What are the leading suppliers of grape juice (single strength) to Thailand?

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In value terms, the U.S. ($423K) constituted the largest supplier of grape juice (single strength) to Thailand, comprising 53% of total imports. The second position in the ranking was occupied by Spain ($194K), with a 24% share of total imports. It was followed by Australia, with a 15% share.

What are the leading importers of grape juice (single strength) from Thailand?

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In value terms, China ($66K), the United Arab Emirates ($44K) and Japan ($22K) were the largest markets for grape juice (single strength) exported from Thailand worldwide, together comprising 68% of total exports.

What is the average export price for grape juice (single strength) in Thailand?

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In 2019, the average grape juice (single strength) export price amounted to $1,130 per tonne, falling by -10% against the previous year.

What is the average import price for grape juice (single strength) in Thailand?

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In 2019, the average grape juice (single strength) import price amounted to $1,301 per tonne, jumping by 18% against the previous year.