Thailand: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Thailand

The Thai homogenised jam and marmalade market declined significantly to $X in 2022, reducing by -48.3% against the previous year. Overall, consumption showed a abrupt contraction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Thailand

In value terms, homogenised jam and marmalade production declined to $X in 2022 estimated in export price. Overall, production, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 when the production volume increased by 16% against the previous year. Homogenised jam and marmalade production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from Thailand

For the third year in a row, Thailand recorded growth in overseas shipments of homogenised preparations of jams, fruit jellies and marmalades, which increased by 20% to X tons in 2022. Overall, exports recorded a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, homogenised jam and marmalade exports surged to $X in 2022. In general, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

The United States (X tons) was the main destination for homogenised jam and marmalade exports from Thailand, with a 23% share of total exports. Moreover, homogenised jam and marmalade exports to the United States exceeded the volume sent to the second major destination, Lao People's Democratic Republic (X tons), twofold. The third position in this ranking was held by Japan (X tons), with a 9% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (+8.5% per year) and Japan (+1.1% per year).

In value terms, the largest markets for homogenised jam and marmalade exported from Thailand were the United States ($X), Saudi Arabia ($X) and Cambodia ($X), with a combined 46% share of total exports. Japan, Hong Kong SAR, Lao People's Democratic Republic, the United Arab Emirates, Taiwan (Chinese), Myanmar, India, Malaysia, Iran and China lagged somewhat behind, together accounting for a further 36%.

Iran, with a CAGR of +176.7%, saw the highest growth rate of the value of exports, in terms of 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

The average homogenised jam and marmalade export price stood at $X per ton in 2022, rising by 9.4% against the previous year. In general, the export price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 23%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Lao People's Democratic Republic ($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 Iran (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into Thailand

In 2022, imports of homogenised preparations of jams, fruit jellies and marmalades into Thailand declined markedly to X tons, waning by -34.7% against 2021. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2016 when imports increased by 39%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, homogenised jam and marmalade imports contracted markedly to $X in 2022. Overall, imports recorded a deep downturn. The pace of growth was the most pronounced in 2016 when imports increased by 27%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Poland (X tons), India (X tons) and the UK (X tons) were the main suppliers of homogenised jam and marmalade imports to Thailand, with a combined 61% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +181.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the UK ($X) and Australia ($X) were the largest homogenised jam and marmalade suppliers to Thailand, with a combined 57% share of total imports. Spain, India, Vietnam, Belarus and the United States lagged somewhat behind, together comprising a further 38%.

Among the main suppliers, India, with a CAGR of +161.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average homogenised jam and marmalade import price amounted to $X per ton, rising by 21% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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