Thailand: Market for Jellyfish, Dried, Salted Or In Brine, Smoked 2024

Market Size for Jellyfish, Dried, Salted Or In Brine, Smoked in Thailand

The Thai market for jellyfish, dried, salted or in brine, smoked skyrocketed to $X in 2022, jumping by X% against the previous year. In general, consumption recorded a significant expansion. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Production of Jellyfish, Dried, Salted Or In Brine, Smoked in Thailand

In value terms, production of jellyfish, dried, salted or in brine, smoked rose to $X in 2022 estimated in export price. Overall, production, however, showed resilient growth. The growth pace was the most rapid in 2017 with an increase of X%. Production of peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Jellyfish, Dried, Salted Or In Brine, Smoked

Exports from Thailand

In 2022, approx. X tons of jellyfish, dried, salted or in brine, smoked were exported from Thailand; dropping by X% compared with the year before. In general, exports, however, continue to indicate mild growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of jellyfish, dried, salted or in brine, smoked shrank notably to $X in 2022. Over the period under review, exports, however, enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports of reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

South Korea (X tons), Japan (X tons) and China (X tons) were the main destinations of exports of jellyfish, dried, salted or in brine, smoked from Thailand, together accounting for X% of total exports. Hong Kong SAR, Taiwan (Chinese) and Malaysia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for jellyfish, dried, salted or in brine, smoked exported from Thailand were Japan ($X), South Korea ($X) and China ($X), with a combined X% share of total exports. Hong Kong SAR, Taiwan (Chinese) and Malaysia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Hong Kong SAR, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for jellyfish, dried, salted or in brine, smoked stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Hong Kong SAR ($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 Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jellyfish, Dried, Salted Or In Brine, Smoked

Imports into Thailand

Imports of jellyfish, dried, salted or in brine, smoked into Thailand skyrocketed to X tons in 2022, with an increase of X% against 2021 figures. In general, imports saw a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of jellyfish, dried, salted or in brine, smoked surged to $X in 2022. Overall, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Myanmar (X tons) constituted the largest jellyfish, dried, salted or in brine, smoked supplier to Thailand, accounting for a X% share of total imports. Moreover, imports of jellyfish, dried, salted or in brine, smoked from Myanmar exceeded the figures recorded by the second-largest supplier, China (X tons), eightfold. The third position in this ranking was taken by Vietnam (X tons), with a X% share.

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

In value terms, Myanmar ($X) constituted the largest supplier of jellyfish, dried, salted or in brine, smoked to Thailand, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports. It was followed by India, with a X% share.

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

Import Prices by Country

In 2022, the average import price for jellyfish, dried, salted or in brine, smoked amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, showed a noticeable setback. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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