Thailand: Quince Market 2025

Quince Market Size in Thailand

The Thai quince market declined modestly to $X in 2021, dropping by -4.8% against the previous year. Overall, consumption, however, showed a significant increase. Quince consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Quince Production in Thailand

In value terms, quince production reduced dramatically to $X in 2021 estimated in export price. Over the period under review, production saw a dramatic slump. Over the period under review, production attained the maximum level at $X in 2020, and then declined significantly in the following year.

Quince Exports

Exports from Thailand

In 2020, exports of quinces from Thailand skyrocketed to X tons, growing by 6,096% against the year before. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, quince exports skyrocketed to $X in 2020. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Cambodia (X tons) was the main destination for quince exports from Thailand, accounting for a 92% share of total exports. Moreover, quince exports to Cambodia exceeded the volume sent to the second major destination, Lao People's Democratic Republic (X tons), more than tenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume to Cambodia totaled +37,690.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (0.0% per year) and Saudi Arabia (+6.4% per year).

In value terms, Cambodia ($X) emerged as the key foreign market for quince exports from Thailand, comprising 92% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 5.9% share of total exports.

From 2012 to 2020, the average annual growth rate of value to Cambodia totaled +79,773.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+37.6% per year) and Lao People's Democratic Republic (0.0% per year).

Export Prices by Country

The average quince export price stood at $X per ton in 2020, growing by 22% against the previous year. In general, export price indicated a prominent increase from 2012 to 2020: its price increased at an average annual rate of +6.8% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, quince export price increased by +31.7% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+112.6%).

Quince Imports

Imports into Thailand

In 2019, purchases abroad of quinces decreased by -27.8% to X tons, falling for the fourth year in a row after four years of growth. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 622% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2019, the growth of imports remained at a lower figure.

In value terms, quince imports fell notably to $X in 2019. Overall, imports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of 161% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2019, the growth of imports failed to regain momentum.

Imports by Country

In 2019, Myanmar (X tons) was the main supplier of quince to Thailand, with a approx. 100% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from Myanmar was relatively modest.

In value terms, Myanmar ($X) constituted the largest supplier of quince to Thailand.

From 2012 to 2019, the average annual rate of growth in terms of value from Myanmar was relatively modest.

Import Prices by Country

In 2019, the average quince import price amounted to $X per ton, with a decrease of -7.2% against the previous year. Over the period under review, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 29%. As a result, import price reached the peak level of $X per ton. From 2015 to 2019, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Myanmar.

From 2012 to 2019, the rate of growth in terms of prices for Myanmar amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :