Report Update Nov 1, 2024

Thailand - Grape Must - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Grape Must Market 2024

Grape Must Market Size in Thailand

The Thai grape must market declined to $X in 2021, waning by -6.1% against the previous year. Over the period under review, consumption showed a perceptible downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Grape Must Production in Thailand

In value terms, grape must production reduced to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 when the production volume increased by 27% against the previous year. Grape must production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Grape Must Exports

Exports from Thailand

In 2020, shipments abroad of grape must decreased by -99.7% to X litres, falling for the third year in a row after two years of growth. In general, exports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2014 with an increase of 186%. The exports peaked at X litres in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

In value terms, grape must exports declined significantly to $X in 2020. Over the period under review, exports faced a sharp setback. The most prominent rate of growth was recorded in 2014 when exports increased by 104% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

Exports by Country

Cambodia (X litres) was the main destination for grape must exports from Thailand, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Cambodia stood at -60.4%.

In value terms, Cambodia ($X) also remains the key foreign market for grape must exports from Thailand.

From 2012 to 2020, the average annual growth rate of value to Cambodia totaled -57.1%.

Export Prices by Country

The average grape must export price stood at $X per litre in 2020, increasing by 11% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2020: its price increased at an average annual rate of +1.6% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, grape must export price increased by +91.5% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 33%. The export price peaked at $X per litre in 2013; however, from 2014 to 2020, the export prices remained at a lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to +68.2% per year.

Grape Must Imports

Imports into Thailand

In 2021, approx. X litres of grape must were imported into Thailand; dropping by -60.6% against 2020. Overall, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2019 when imports increased by 294% against the previous year. Imports peaked at X litres in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, grape must imports fell markedly to $X in 2021. Over the period under review, imports faced a precipitous setback. The growth pace was the most rapid in 2019 when imports increased by 209%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Israel (X litres) was the main supplier of grape must to Thailand, accounting for a 94% share of total imports. Moreover, grape must imports from Israel exceeded the figures recorded by the second-largest supplier, Malaysia (X litres), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Israel stood at -9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-20.0% per year) and Japan (-9.1% per year).

In value terms, Israel ($X) constituted the largest supplier of grape must to Thailand, comprising 50% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Israel amounted to -8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-17.9% per year) and Japan (-7.4% per year).

Import Prices by Country

In 2021, the average grape must import price amounted to $X per litre, declining by -4.7% against the previous year. In general, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 96%. The import price peaked at $X per litre in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.8%), 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 grape must in the world?

China constituted the country with the largest volume of grape must consumption, comprising approx. 25% of total volume. Moreover, grape must consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.5% share.

What are the largest producers of grape must in the world?

The country with the largest volume of grape must production was China, accounting for 25% of total volume. Moreover, grape must production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8.5% share.

What are the leading suppliers of grape must to Thailand?

In value terms, Israel constituted the largest supplier of grape must to Thailand, comprising 50% of total imports. The second position in the ranking was occupied by Malaysia, with a 25% share of total imports.

What is the average export price for grape must in Thailand?

In 2021, the average grape must export price amounted to $2.9 per litre, which is down by -56.1% against the previous year.

What is the average import price for grape must in Thailand?

The average grape must import price stood at $5.4 per litre in 2021, with a decrease of -91.3% against the previous year.

This report provides an in-depth analysis of the grape must 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 2030.

Product coverage:

Prodcom 11021250 - Grape must (excluding alcohol duty)

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 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
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