Thailand: Citrus Fruit Market 2024

Citrus Fruit Market Size in Thailand

The Thai citrus fruit market dropped to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Citrus Fruit Production in Thailand

In value terms, citrus fruit production rose modestly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The average yield of citrus fruits in Thailand amounted to X tons per ha in 2022, with an increase of X% on 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. The citrus fruit yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the citrus fruit harvested area in Thailand declined to X ha, remaining relatively unchanged against the previous year's figure. Over the period under review, the harvested area continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2021 when the harvested area increased by X% against the previous year. The citrus fruit harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Citrus Fruit Exports

Exports from Thailand

In 2022, overseas shipments of citrus fruits increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports recorded a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, citrus fruit exports soared to $X in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

China (X tons) was the main destination for citrus fruit exports from Thailand, accounting for a X% share of total exports. Moreover, citrus fruit exports to China exceeded the volume sent to the second major destination, Myanmar (X tons), fourfold. The third position in this ranking was taken by Vietnam (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (X% per year) and Vietnam (X% per year).

In value terms, China ($X) remains the key foreign market for citrus fruits exports from Thailand, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Myanmar, with an X% share.

From 2012 to 2022, the average annual growth rate of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Myanmar (X% per year).

Export Prices by Country

The average citrus fruit export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Vietnam ($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 Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Citrus Fruit Imports

Imports into Thailand

In 2022, citrus fruit imports into Thailand dropped notably to X tons, reducing by X% compared with 2021 figures. In general, imports showed a pronounced decline. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, citrus fruit imports contracted to $X in 2022. Over the period under review, imports continue to indicate a slight contraction. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of citrus fruit to Thailand, accounting for a X% share of total imports. Moreover, citrus fruit imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), fourfold. The third position in this ranking was held by Myanmar (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Myanmar (X% per year).

In value terms, China ($X) constituted the largest supplier of citrus fruits to Thailand, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by Myanmar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Myanmar (X% per year).

Import Prices by Country

The average citrus fruit import price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Cambodia ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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