Thailand - Quinces - Market Analysis, Forecast, Size, Trends and Insights
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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) :
This report provides an in-depth analysis of the quince 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:
- FCL 523 - Quinces
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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