Thailand: Sour Cherry Market 2025

Sour Cherry Market Size in Thailand

In 2022, the Thai sour cherry market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, saw a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sour Cherry Production in Thailand

In value terms, sour cherry production dropped to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. Sour cherry production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

The average yield of sour cherries in Thailand totaled less than X kg per ha in 2022, remaining constant against 2021. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the sour cherry harvested area in Thailand totaled less than X ha, approximately reflecting 2021 figures. In general, the harvested area continues to indicate a relatively flat trend pattern.

Sour Cherry Exports

Exports from Thailand

After three years of growth, overseas shipments of sour cherries decreased by -83.2% to X tons in 2022. Overall, exports recorded a noticeable reduction. The pace of growth appeared the most rapid in 2017 when exports increased by 163,940% against the previous year. The exports peaked at X tons in 2021, and then contracted rapidly in the following year.

In value terms, sour cherry exports dropped sharply to $X in 2022. In general, exports saw a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of 127,393% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Qatar (X tons) was the main destination for sour cherry exports from Thailand, with a 50% share of total exports. Moreover, sour cherry exports to Qatar exceeded the volume sent to the second major destination, Lao People's Democratic Republic (X tons), threefold. The third position in this ranking was taken by Myanmar (X tons), with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (+25.8% per year) and Myanmar (0.0% per year).

In value terms, Qatar ($X), Mali ($X) and Lao People's Democratic Republic ($X) were the largest markets for sour cherry exported from Thailand worldwide, together accounting for 85% of total exports. Ghana and Myanmar lagged somewhat behind, together accounting for a further 15%.

Ghana, with a CAGR of 0.0%, recorded the highest growth rate of 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

In 2022, the average sour cherry export price amounted to $X per ton, with an increase of 393% against the previous year. Overall, the export price, however, saw a pronounced descent. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($X per ton), while the average price for exports to Myanmar ($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 Australia (+17.0%).

Sour Cherry Imports

Imports into Thailand

In 2020, after two years of growth, there was significant decline in overseas purchases of sour cherries, when their volume decreased by -99.6% to X kg. Over the period under review, imports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 102% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, sour cherry imports reduced sharply to $X in 2020. In general, imports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 95%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Japan (X kg) was the main sour cherry supplier to Thailand, with a approx. 100% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Japan totaled +61.2%.

In value terms, Japan ($X) constituted the largest supplier of sour cherries to Thailand.

From 2012 to 2020, the average annual growth rate of value from Japan amounted to +18.3%.

Import Prices by Country

In 2020, the average sour cherry import price amounted to $X per ton, surging by 355% against the previous year. Overall, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2012 to 2020, the rate of growth in terms of prices for Chile amounted to +0.8% per year.

Source: IndexBox Platform

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