Price for Grapes; Fresh or Dried in Thailand - 2023
Contents:
- Price for Grapes; Fresh or Dried in Thailand (CIF) - 2023
- Price for Grapes; Fresh or Dried in Thailand (FOB) - 2023
- Imports of Grapes; Fresh or Dried in Thailand
- Exports of Grapes; Fresh or Dried in Thailand
Price for Grapes; Fresh or Dried in Thailand (CIF) - 2023
In September 2023, the average grapes; fresh or dried import price amounted to $1,845 per ton, dropping by -6% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 20% month-to-month. The import price peaked at $2,808 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to +0.6% per month.
Price for Grapes; Fresh or Dried in Thailand (FOB) - 2023
The average grapes; fresh or dried export price stood at $3,727 per ton in September 2023, falling by -36.4% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 64% against the previous month. The export price peaked at $8,308 per ton in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Singapore ($12,728 per ton), while the average price for exports to Lao People's Democratic Republic ($488 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Grapes; Fresh or Dried in Thailand
In 2022, approx. 136K tons of grapes; fresh or drieds were imported into Thailand; growing by 26% on the year before. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 30% against the previous year. As a result, imports attained the peak of 144K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, grapes; fresh or dried imports soared to $253M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Grapes; Fresh or Dried in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 70.8 | 106 | 137 | 198 | 40.9% |
| Australia | 19.7 | 17.7 | 19.7 | 26.2 | 10.0% |
| United States | 11.3 | 9.4 | 7.9 | 7.2 | -13.9% |
| India | 9.2 | 8.1 | 5.9 | 6.3 | -11.9% |
| Chile | 4.2 | 5.2 | 6.0 | 5.8 | 11.4% |
| Peru | 18.4 | 8.4 | 5.6 | 4.3 | -38.4% |
| Others | 5.9 | 4.3 | 4.2 | 4.6 | -8.0% |
| Total | 140 | 159 | 186 | 253 | 21.8% |
Top Suppliers of Grapes; Fresh or Dried to Thailand in 2022:
- China (116.2K tons)
- Australia (7.9K tons)
- India (2.8K tons)
- United States (2.8K tons)
- Chile (2.6K tons)
- Peru (1.5K tons)
Exports of Grapes; Fresh or Dried in Thailand
In 2022, the amount of grapes; fresh or drieds exported from Thailand shrank rapidly to 2.8K tons, falling by -40.7% on the previous year. Over the period under review, exports, however, saw tangible growth. The pace of growth appeared the most rapid in 2021 with an increase of 133% against the previous year. As a result, the exports reached the peak of 4.8K tons, and then reduced rapidly in the following year.
In value terms, grapes; fresh or dried exports declined remarkably to $16M in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 65%. As a result, the exports attained the peak of $22M, and then declined remarkably in the following year.
| Export of Grapes; Fresh or Dried in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 7.3 | 11.9 | 17.2 | 13.3 | 22.1% |
| Myanmar | 0.3 | 0.7 | 2.9 | 1.7 | 78.3% |
| Singapore | 0.4 | 0.5 | 1.5 | 0.6 | 14.5% |
| Lao People's Democratic Republic | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Others | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
| Total | 8.1 | 13.3 | 22.0 | 15.8 | 24.9% |
Top Export Markets for Grapes; Fresh or Dried from Thailand in 2022:
- Myanmar (1598.3 tons)
- Hong Kong SAR (805.0 tons)
- Lao People's Democratic Republic (302.8 tons)
- Singapore (43.9 tons)
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This report provides an in-depth analysis of the dried grapes market in Thailand.
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This report provides an in-depth analysis of the grape market in Thailand.
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This report provides an in-depth analysis of the global dried grapes market.
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In September 2023, grape imports reached their highest point, with a value of $47M.
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Last year, global dried grapes exports declined by -8.9% y-o-y to 766K tons or $1.6B in value terms. South Africa intensively increased its supplies to other counties by +37%, while Turkey, the largest exporter of dried grapes, saw a drop of -3.2% y-o-y in the volume of exports. Germany, the UK and Canada remain the largest importers of dried grapes from South Africa.
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The UK (99K tons), Germany (77K tons) and the Netherlands (55K tons) represented roughly 31% of total imports of dried grapes.
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Increased grape production in China buoyed the global market against a fall in the grape crop in India, the EU and Russia, which enables the global production in 2020 to remain consistent with 2019 data. The export potential of Chinese and Australian grapes has improved due to the progress achieved in cultivation methods and the use of particularly fertile varieties of grape.
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China recorded the highest growth rate of grape market, in terms of the main consuming countries over the last decade....
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Global grape consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
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Global grape exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Global grape imports amounted to X thousand tons in 2015, surging by +X% against the previous year level.
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In 2015, the countries with the highest levels of grape production were China (X thousand tons), the United States (X thousand tons), Italy (X thousand tons), together accounting for X% of total output.
