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

Market Size for Grapefruit Juice (Single Strength) in Thailand

For the fifth consecutive year, the Thai grapefruit juice (single strength) market recorded growth in sales value, which increased by X% to $X in 2019. In general, the total consumption indicated a moderate expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2014 indices. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in years to come.

Production of Grapefruit Juice (Single Strength) in Thailand

In value terms, grapefruit juice (single strength) production amounted to $X in 2019 estimated in export prices. In general, production continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level in 2019 and is expected to retain growth in years to come.

Exports of Grapefruit Juice (Single Strength)

Exports from Thailand

In 2019, shipments abroad of grapefruit juice (single strength) increased by X% to X tonnes, rising for the fifth consecutive year after two years of decline. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Exports peaked in 2019 and are likely to see gradual growth in years to come.

In value terms, grapefruit juice (single strength) exports soared to $X in 2019. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the immediate term.

Exports by Country

China (X tonnes) was the main destination for grapefruit juice (single strength) exports from Thailand, accounting for a X% share of total exports. Moreover, grapefruit juice (single strength) exports to China exceeded the volume sent to the second major destination, Qatar (X tonnes), ninefold. Japan (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+X% per year) and Japan (+X% per year).

In value terms, China ($X) emerged as the key foreign market for grapefruit juice (single strength) exports from Thailand, comprising X% of total exports. The second position in the ranking was occupied by Qatar ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2019, the average annual growth rate of value to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+X% per year) and Japan (+X% per year).

Export Prices by Country

In 2019, the average grapefruit juice (single strength) export price amounted to $X per tonne, growing by X% against the previous year. In general, the export price continues to indicate resilient growth. The growth pace was the most rapid in 2012 an increase of X% against the previous year. The export price peaked in 2019 and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Qatar ($X per tonne), while the average price for exports to New Zealand ($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 Qatar, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapefruit Juice (Single Strength)

Imports into Thailand

In 2019, the amount of grapefruit juice (single strength) imported into Thailand dropped to X tonnes, reducing by -X% on the previous year. In general, imports, however, showed a temperate expansion. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Imports peaked at X tonnes in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

In value terms, grapefruit juice (single strength) imports fell to $X in 2019. Over the period under review, imports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

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

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

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

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

Import Prices by Country

The average grapefruit juice (single strength) import price stood at $X per tonne in 2019, which is down by -X% against the previous year. In general, import price indicated a moderate increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, grapefruit juice (single strength) import price decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for South Africa ($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 UK, 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 grapefruit juice (single strength) in the world?

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The country with the largest volume of grapefruit juice (single strength) consumption was South Africa (166K tonnes), comprising approx. 52% of total volume. Moreover, grapefruit juice (single strength) consumption in South Africa exceeded the figures recorded by the second-largest consumer, the U.S. (32K tonnes), fivefold. Israel (19K tonnes) ranked third in terms of total consumption with a 6.1% share.

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

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South Africa (169K tonnes) constituted the country with the largest volume of grapefruit juice (single strength) production, comprising approx. 51% of total volume. Moreover, grapefruit juice (single strength) production in South Africa exceeded the figures recorded by the second-largest producer, Israel (42K tonnes), fourfold. The U.S. (36K tonnes) ranked third in terms of total production with a 11% share.

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

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In value terms, the U.S. ($67K) constituted the largest supplier of grapefruit juice (single strength) to Thailand, comprising 68% of total imports. The second position in the ranking was occupied by Australia ($17K), with a 17% share of total imports. It was followed by the UK, with a 6.4% share.

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

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In value terms, China ($115K) emerged as the key foreign market for grapefruit juice (single strength) exports from Thailand, comprising 70% of total exports. The second position in the ranking was occupied by Qatar ($17K), with a 10% share of total exports. It was followed by Japan, with a 7.5% share.

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

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The average grapefruit juice (single strength) export price stood at $971 per tonne in 2019, increasing by 3.8% against the previous year.

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

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The average grapefruit juice (single strength) import price stood at $1,325 per tonne in 2019, with a decrease of -6.9% against the previous year.