Thailand: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Thailand

The Thai fruit or nut preserves market rose rapidly to $X in 2021, surging by 15% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Thailand

In value terms, fruit or nut preserves production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Fruit or nut preserves production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports from Thailand

Fruit or nut preserves exports from Thailand skyrocketed to X tons in 2021, growing by 21% on the year before. Overall, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +8.2% 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 +66.4% against 2017 indices. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, fruit or nut preserves exports surged to $X in 2021. In general, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by 41% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Lao People's Democratic Republic (X tons), Indonesia (X tons) and Vietnam (X tons) were the main destinations of fruit or nut preserves exports from Thailand, with a combined 41% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +47.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fruit or nut preserves exported from Thailand were Lao People's Democratic Republic ($X), Australia ($X) and Indonesia ($X), together accounting for 32% of total exports.

Indonesia, with a CAGR of +34.3%, recorded 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

In 2021, the average fruit or nut preserves export price amounted to $X per ton, increasing by 8.9% against the previous year. Overall, the export price, however, showed a mild contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 15% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, 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 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, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports into Thailand

In 2021, the amount of jams, marmalades, fruit jellies, fruit or nut purees and pastes imported into Thailand shrank to X tons, waning by -5.9% compared with the year before. The total import volume increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by 24%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, fruit or nut preserves imports shrank to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded 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 fruit or nut preserves imports to Thailand, together accounting for 59% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +216.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Malaysia ($X) and Indonesia ($X) were the largest fruit or nut preserves suppliers to Thailand, with a combined 51% share of total imports. These countries were followed by Vietnam, France, the Philippines, China, Switzerland, Germany and New Zealand, which together accounted for a further 28%.

Among the main suppliers, Vietnam, with a CAGR of +178.6%, recorded the highest growth rate of 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 2021, the average fruit or nut preserves import price amounted to $X per ton, which is down by -6.2% against the previous year. Over the period under review, the import price saw a noticeable shrinkage. The pace of growth was the most pronounced in 2020 when the average import price increased by 7.6% against the previous year. Over the period under review, average import prices attained the peak figure 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, amid the top importers, 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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