
Thailand - Melons - Market Analysis, Forecast, Size, Trends and Insights
Thailand: Melon Market 2023
Melon Market Size in Thailand
After two years of growth, the Thai melon market decreased by -91.3% to $X in 2021. Overall, consumption showed a abrupt setback. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.
Melon Exports
Exports from Thailand
In 2021, shipments abroad of melons increased by 228% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 489% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.
In value terms, melon exports skyrocketed to $X in 2021. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Bangladesh (X tons), Lao People's Democratic Republic (X tons) and Qatar (X tons) were the main destinations of melon exports from Thailand, together comprising 90% of total exports. These countries were followed by Kuwait, Saudi Arabia and Hong Kong SAR, which together accounted for a further 6.7%.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of +229.4%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for melon exported from Thailand were Bangladesh ($X), Kuwait ($X) and Saudi Arabia ($X), with a combined 77% share of total exports.
Kuwait, with a CAGR of +596.2%, 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 melon export price stood at $X per ton in 2021, surging by 138% against the previous year. In general, the export price recorded a moderate increase. The pace of growth appeared the most rapid in 2014 an increase of 144%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Lao People's Democratic Republic ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.
Melon Imports
Imports into Thailand
In 2021, supplies from abroad of melons decreased by -76.3% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2015 with an increase of 145%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.
In value terms, melon imports declined dramatically to $X in 2021. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 when imports increased by 127% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, China (X tons) was the main melon supplier to Thailand, with a approx. 100% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from China stood at -3.6%.
In value terms, China ($X) constituted the largest supplier of melon to Thailand.
From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -5.0%.
Import Prices by Country
In 2021, the average melon import price amounted to $X per ton, dropping by -5.2% against the previous year. Over the period under review, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 26% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for China amounted to -1.4% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the melon market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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