Thailand: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in Thailand

The Thai market for jams, jellies, puree and pastes expanded significantly to $X in 2021, surging by 6.7% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Jam, jelly, puree and paste consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Jams, Jellies, Puree And Pastes in Thailand

In value terms, jam, jelly, puree and paste production expanded markedly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 12%. Jam, jelly, puree and paste production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Jams, Jellies, Puree And Pastes

Exports from Thailand

In 2021, the amount of jams, jellies, puree and pastes exported from Thailand soared to X tons, growing by 22% compared with the previous year. In general, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +68.6% against 2017 indices. The growth pace was the most rapid in 2020 when exports increased by 31% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, jam, jelly, puree and paste exports skyrocketed to $X in 2021. Overall, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when exports increased by 41% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Lao People's Democratic Republic (X tons), Indonesia (X tons) and Vietnam (X tons) were the main destinations of jam, jelly, puree and paste exports from Thailand, together comprising 40% of total exports.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +47.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for jam, jelly, puree and paste exported from Thailand were Lao People's Democratic Republic ($X), Australia ($X) and Indonesia ($X), with a combined 32% share of total exports.

Indonesia, with a CAGR of +34.3%, saw the highest rates of growth with regard to 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

In 2021, the average export price for jams, jellies, puree and pastes amounted to $X per ton, increasing by 8.6% against the previous year. In general, the export price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2018 an increase of 15% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jams, Jellies, Puree And Pastes

Imports into Thailand

In 2021, imports of jams, jellies, puree and pastes into Thailand fell to X tons, dropping by -5.8% on 2020. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2015 with an increase of 23% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, jam, jelly, puree and paste imports declined to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 20%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Indonesia (X tons), the United States (X tons) and China (X tons) were the main suppliers of jam, jelly, puree and paste imports to Thailand, together comprising 59% of total imports.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +216.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Malaysia ($X) and Indonesia ($X) constituted the largest jam, jelly, puree and paste suppliers to Thailand, together accounting for 49% of total imports. Vietnam, France, China, the Philippines, Switzerland, Germany and New Zealand lagged somewhat behind, together comprising a further 29%.

Vietnam, with a CAGR of +178.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for jams, jellies, puree and pastes stood at $X per ton in 2021, declining by -5.9% against the previous year. Overall, the import price continues to indicate a pronounced setback. The growth pace was the most rapid in 2020 an increase of 8.9% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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