Report Update Nov 1, 2024

Thailand - Spirits Obtained From Distilled Grape Wine or Grape Marc - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Grape Wine Spirits Market 2024

Grape Wine Spirits Market Size in Thailand

The Thai grape wine spirits market rose significantly to $X in 2022, picking up by 9.3% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Grape wine spirits consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Grape Wine Spirits Production in Thailand

In value terms, grape wine spirits production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 45% against the previous year. Grape wine spirits production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Grape Wine Spirits Exports

Exports from Thailand

In 2022, shipments abroad of spirits obtained from distilled grape wine or grape marc decreased by -3.5% to X litres, falling for the third consecutive year after two years of growth. Overall, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2019 when exports increased by 211% against the previous year. As a result, the exports reached the peak of X litres. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, grape wine spirits exports stood at $X in 2022. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 129%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Grape Wine Spirits Imports

Imports into Thailand

In 2022, after three years of decline, there was significant growth in overseas purchases of spirits obtained from distilled grape wine or grape marc, when their volume increased by 27% to X litres. Overall, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 67%. Imports peaked at X litres in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, grape wine spirits imports contracted to $X in 2022. Over the period under review, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +14.3% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 77% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, France (X litres) constituted the largest grape wine spirits supplier to Thailand, accounting for a 62% share of total imports. Moreover, grape wine spirits imports from France exceeded the figures recorded by the second-largest supplier, China (X litres), fourfold. The third position in this ranking was held by Italy (X litres), with an 8.9% share.

From 2012 to 2022, the average annual growth rate of volume from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+29.8% per year) and Italy (+19.2% per year).

In value terms, France ($X) constituted the largest supplier of spirits obtained from distilled grape wine or grape marc to Thailand, comprising 96% of total imports. The second position in the ranking was taken by China ($X), with a 1.7% share of total imports. It was followed by the UK, with a 0.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+26.0% per year) and the UK (-3.8% per year).

Import Prices by Country

The average grape wine spirits import price stood at $X per litre in 2022, dropping by -21.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2017 an increase of 34%. Over the period under review, average import prices attained the peak figure at $X per litre in 2021, and then declined markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per litre), while the price for Italy ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for spirits obtained from distilled grape wine or grape marc in the world?

The United States remains the largest grape wine spirits consuming country worldwide, accounting for 56% of total volume. Moreover, grape wine spirits consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fivefold. The third position in this ranking was occupied by India, with a 4.3% share.

What are the largest producers of spirits obtained from distilled grape wine or grape marc in the world?

The United States constituted the country with the largest volume of grape wine spirits production, accounting for 55% of total volume. Moreover, grape wine spirits production in the United States exceeded the figures recorded by the second-largest producer, China, sixfold. France ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of spirits obtained from distilled grape wine or grape marc to Thailand?

In value terms, France constituted the largest supplier of grape wine spirits to Thailand, comprising 98% of total imports. The second position in the ranking was occupied by Spain, with a 1% share of total imports. It was followed by Australia, with a 0.4% share.

What are the leading importers of spirits obtained from distilled grape wine or grape marc from Thailand?

In value terms, Singapore remains the key foreign market for grape wine spirits exports from Thailand, comprising 41% of total exports. The second position in the ranking was occupied by China, with a 19% share of total exports. It was followed by Myanmar, with an 18% share.

What is the average export price for spirits obtained from distilled grape wine or grape marc in Thailand?

In 2021, the average grape wine spirits export price amounted to $63 per litre, reducing by -5.3% against the previous year.

What is the average import price for spirits obtained from distilled grape wine or grape marc in Thailand?

In 2021, the average grape wine spirits import price amounted to $55 per litre, rising by 18% against the previous year.

This report provides an in-depth analysis of the grape wine spirits 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:

Prodcom 11011020 - Spirits obtained from distilled grape wine or grape marc (important: excluding alcohol duty)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023