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Thailand - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Thailand - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends And Insights

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Jul 14, 2023

Thailand's Cereal, Fruit or Nut Chocolate Bar Price Soars 16% to $8,359 per Ton

Thailand Cereal, Fruit or Nut Chocolate Bar Import Price in May 2023

In May 2023, the cereal, fruit or nut chocolate bar price amounted to $8,359 per ton (CIF, Thailand), increasing by 16% against the previous month. Over the period from May 2022 to May 2023, it increased at an average monthly rate of +2.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was France ($21,171 per ton), while the price for the Philippines ($2,313 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Cereal, Fruit or Nut Chocolate Bar in Thailand (USD per ton)
May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023
France23,66216,22019,93218,45617,60914,94621,80123,43518,25117,00320,50212,53321,171
Malaysia8,9116,8148,2387,1397,7057,4219,2176,76211,1357,9928,2058,89910,806
Switzerland8,5939,0748,38310,11615,2298,5337,2688,1957,6598,3839,26511,16910,032
Germany8,56810,6906,2938,9827,8708,2788,58010,77910,81810,51010,8499,6969,631
Turkey26,7879,1869,73854,22751,91951,9279,562N/A9,525N/A52,75815,3328,929
Netherlands7,9256,8867,196N/A6,159N/A9,6856,9768,05522,9614,8407,8208,729
Singapore5,8666,1195,9275,2083,228N/A3,419N/A7,2965,7265,91511,9225,979
AustraliaN/A5,678N/A5,626N/A2,163N/A5,5895,8485,41045,5545,3805,439
China4,8182,8075,11611,4285,2565,0125,9468,4735,4784,9775,7635,2155,139
Indonesia2,6383,8893,1373,3033,0853,0133,6203,8583,9733,3363,6144,2643,147
Philippines2,2081,9972,1222,3322,0762,1002,2152,3042,3361,6552,0782,3142,313
Average6,2185,6776,1466,5576,2176,3296,3416,1446,3547,0566,4957,1948,359

Thailand Cereal, Fruit or Nut Chocolate Bar Imports

Imports of chocolate bars with cereals, fruit or nuts into Thailand expanded remarkably to 431 tons in May 2023, picking up by 5.3% against the month before. Overall, imports, however, saw a perceptible contraction. The most prominent rate of growth was recorded in January 2023 with an increase of 38% month-to-month.

In value terms, imports of chocolate bars with cereals, fruit or nuts surged to $3.6M (IndexBox estimates) in May 2023. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 with an increase of 42% m-o-m.

Thailand Cereal, Fruit or Nut Chocolate Bar Imports by Country

Malaysia (135 tons), Indonesia (93 tons) and Germany (62 tons) were the main suppliers of imports of chocolate bars with cereals, fruit or nuts to Thailand, with a combined 67% share of total imports. the Philippines, the Netherlands, Switzerland, France, Australia, Turkey, Singapore and China lagged somewhat behind, together accounting for a further 28%.

From May 2022 to May 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +81.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($1.5M) constituted the largest supplier of cereal, fruit or nut chocolate bar to Thailand, comprising 40% of total imports. The second position in the ranking was held by Germany ($594K), with a 16% share of total imports. It was followed by Indonesia, with an 8.1% share.

From May 2022 to May 2023, the average monthly rate of growth in terms of value from Malaysia amounted to -1.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (+1.6% per month) and Indonesia (-4.5% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cereal, fruit or nut chocolate bar 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.

Product coverage:

  • Prodcom 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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