Report Update Feb 1, 2025

Thailand - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Market for Cherries and Sour Cherries 2025

Market Size for Cherries and Sour Cherries in Thailand

The Thai cherry and sour cherry market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption saw a strong increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Exports of Cherries and Sour Cherries

Exports from Thailand

In 2022, after three years of growth, there was significant decline in shipments abroad of cherries and sour cherries, when their volume decreased by -71.9% to X tons. In general, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,494%. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced markedly in the following year.

In value terms, cherry and sour cherry exports declined dramatically to $X in 2022. Over the period under review, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,180%. The exports peaked at $X in 2021, and then declined markedly in the following year.

Exports by Country

Myanmar (X tons), Lao People's Democratic Republic (X tons) and Russia (X tons) were the main destinations of cherry and sour cherry exports from Thailand, with a combined 85% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +109.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cherry and sour cherry exported from Thailand were Myanmar ($X), Russia ($X) and Qatar ($X), together accounting for 88% of total exports.

In terms of the main countries of destination, Russia, with a CAGR of +190.9%, 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

In 2022, the average cherry and sour cherry export price amounted to $X per ton, with an increase of 35% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 148%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+38.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cherries and Sour Cherries

Imports into Thailand

In 2022, supplies from abroad of cherries and sour cherries was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, saw a slight shrinkage. The growth pace was the most rapid in 2016 when imports increased by 35%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, cherry and sour cherry imports surged to $X in 2022. In general, imports saw strong growth. The growth pace was the most rapid in 2016 when imports increased by 28% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Chile (X tons) constituted the largest supplier of cherry and sour cherry to Thailand, with a 49% share of total imports. Moreover, cherry and sour cherry imports from Chile exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Canada (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Chile totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.9% per year) and Canada (+5.0% per year).

In value terms, Chile ($X) constituted the largest supplier of cherries and sour cherries to Thailand, comprising 60% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 16% share of total imports. It was followed by the United States, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile amounted to +26.5%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+8.2% per year) and the United States (-2.2% per year).

Import Prices by Country

The average cherry and sour cherry import price stood at $X per ton in 2022, rising by 10% against the previous year. In general, the import price showed a resilient expansion. The pace of growth was the most pronounced in 2013 an increase of 75% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cherries and sour cherries in the world?

The country with the largest volume of cherry and sour cherry consumption was Turkey, accounting for 21% of total volume. Moreover, cherry and sour cherry consumption in Turkey exceeded the figures recorded by the second-largest consumer, Russia, twofold. The United States ranked third in terms of total consumption with an 8.1% share.

What are the largest producers of cherries and sour cherries in the world?

Turkey remains the largest cherry and sour cherry producing country worldwide, comprising approx. 22% of total volume. Moreover, cherry and sour cherry production in Turkey exceeded the figures recorded by the second-largest producer, the United States, twofold. Russia ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of cherries and sour cherries to Thailand?

In value terms, Chile constituted the largest supplier of cherry and sour cherry to Thailand, comprising 62% of total imports. The second position in the ranking was occupied by New Zealand, with a 12% share of total imports. It was followed by the United States, with an 11% share.

What are the leading importers of cherries and sour cherries from Thailand?

In value terms, Russia emerged as the key foreign market for cherry and sour cherry exports from Thailand, comprising 59% of total exports. The second position in the ranking was occupied by the UK, with a 14% share of total exports. It was followed by Myanmar, with an 11% share.

What is the average export price for cherries and sour cherries in Thailand?

The average cherry and sour cherry export price stood at $3,165 per ton in 2021, dropping by -10.5% against the previous year.

What is the average import price for cherries and sour cherries in Thailand?

The average cherry and sour cherry import price stood at $8,431 per ton in 2021, rising by 3% against the previous year.

This report provides an in-depth analysis of the market for cherry and sour cherry 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:

FCL 530 - Sour cherries
FCL 531 - Cherries

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024