Latest Report Update: May 15, 2021

Thailand - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
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Thailand: Preserved Peas Market Overview 2021

Preserved Peas Market Size in Thailand

The Thai preserved peas market expanded significantly to $X in 2020, rising by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Preserved peas consumption peaked at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Preserved Peas Production in Thailand

In value terms, preserved peas production stood at $X in 2020 estimated in export prices. Overall, the total production indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. Preserved peas production peaked in 2020 and is expected to retain growth in years to come.

Preserved Peas Exports

Exports from Thailand

In 2020, after two years of decline, there was significant growth in shipments abroad of preserved peas, when their volume increased by X% to X tonnes. In general, exports, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, preserved peas exports surged to $X in 2020. Over the period under review, total exports indicated a measured expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by +X% against 2017 indices. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in years to come.

Exports by Country

Myanmar (X tonnes) was the main destination for preserved peas exports from Thailand, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Myanmar totaled +X%.

In value terms, Myanmar ($X) also remains the key foreign market for preserved peas exports from Thailand.

From 2007 to 2020, the average annual rate of growth in terms of value to Myanmar stood at +X%.

Export Prices by Country

The average preserved peas export price stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period under review, export price indicated a resilient expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved peas export price increased by +X% against 2016 indices. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked in 2020 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2007 to 2020, the rate of growth in terms of prices for Myanmar amounted to +X% per year.

Preserved Peas Imports

Imports into Thailand

In 2020, after two years of growth, there was significant decline in purchases abroad of preserved peas, when their volume decreased by -X% to X tonnes. Overall, imports, however, recorded modest growth. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, preserved peas imports shrank remarkably to $X in 2020. In general, imports, however, recorded a measured expansion. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2019, and then dropped dramatically in the following year.

Imports by Country

China (X tonnes), New Zealand (X tonnes) and Italy (X tonnes) were the main suppliers of preserved peas imports to Thailand.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by New Zealand (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of preserved peas to Thailand, comprising X% of total imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and Italy (+X% per year).

Import Prices by Country

The average preserved peas import price stood at $X per tonne in 2020, remaining relatively unchanged against the previous year. Over the period under review, import price indicated a modest increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved peas import price decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2011 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand, 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 preserved peas in the world?
+
The countries with the highest volumes of preserved peas consumption in 2020 were China (486K tonnes), the U.S. (245K tonnes) and India (202K tonnes), together comprising 30% of global consumption. Japan, Norway, Russia, Brazil, Indonesia, France, Nigeria, Pakistan, Bangladesh and Mexico lagged somewhat behind, together accounting for a further 27%.
What are the largest producers of preserved peas in the world?
+
The country with the largest volume of preserved peas production was China (532K tonnes), accounting for 17% of total volume. Moreover, preserved peas production in China exceeded the figures recorded by the second-largest producer, the U.S. (233K tonnes), twofold. India (202K tonnes) ranked third in terms of total production with a 6.5% share.
What are the leading suppliers of preserved peas to Thailand?
+
In value terms, China ($45K) constituted the largest supplier of preserved peas to Thailand, comprising 65% of total imports. The second position in the ranking was occupied by New Zealand ($13K), with a 19% share of total imports.
What are the leading importers of preserved peas from Thailand?
+
In value terms, Myanmar ($6.6M) remains the key foreign market for preserved peas exports from Thailand.
What is the average export price for preserved peas in Thailand?
+
In 2020, the average preserved peas export price amounted to $1,598 per tonne, surging by 15% against the previous year.
What is the average import price for preserved peas in Thailand?
+
In 2020, the average preserved peas import price amounted to $1,631 per tonne, remaining stable against the previous year.

Product coverage:
• Prodcom 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes

This report provides an in-depth analysis of the preserved peas 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 2025.


Country coverage:
• Thailand

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Thailand
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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