Thailand - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlmond Price in Thailand - 2023
Contents:
- Almond Price in Thailand (CIF) - 2022
- Almond Price in Thailand (FOB) - 2022
- Almond Imports in Thailand
- Almond Exports in Thailand
Almond Price in Thailand (CIF) - 2022
In 2022, the average almond import price amounted to $2,027 per ton, falling by -32.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 an increase of 55%. Over the period under review, average import prices hit record highs at $5,935 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,072 per ton), while the price for China amounted to $1,903 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Almond Price in Thailand (FOB) - 2022
The average almond export price stood at $5,265 per ton in 2022, rising by 43% against the previous year. Over the period under review, the export price enjoyed a strong increase. The growth pace was the most rapid in 2013 when the average export price increased by 69% against the previous year. The export price peaked at $7,003 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Lao People's Democratic Republic ($7,080 per ton) and the Philippines ($6,619 per ton), while the average price for exports to China ($5,151 per ton) and Vietnam ($6,561 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.
Almond Imports in Thailand
After two years of decline, purchases abroad of almonds increased by 659% to 1.9K tons in 2022. In general, imports, however, saw a relatively flat trend pattern.
In value terms, almond imports soared to $3.9M in 2022. Overall, imports, however, recorded a abrupt decline.
| Import of Almond in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.1 | 0.8 | 0.7 | 2.9 | -22.0% |
| China | 0.2 | 0.1 | N/A | 1.0 | 71.0% |
| Hong Kong SAR | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.4 | 1.0 | 0.8 | 3.9 | -15.2% |
Top Suppliers of Almond to Thailand in 2022:
- United States (1418.6 tons)
- China (523.6 tons)
Almond Exports in Thailand
After two years of decline, overseas shipments of almonds increased by 173% to 198 tons in 2022. Overall, exports, however, showed a sharp curtailment.
In value terms, almond exports skyrocketed to $1M in 2022. In general, exports, however, showed a significant curtailment.
| Export of Almond in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4,709 | 514 | 152 | 940 | -41.6% |
| Philippines | 91.5 | 20.2 | 50.7 | 45.0 | -21.1% |
| Vietnam | 69.9 | 46.1 | 25.8 | 38.0 | -18.4% |
| Lao People's Democratic Republic | 695 | 3.5 | 2.2 | 0.7 | -90.0% |
| Hong Kong SAR | 941 | N/A | 0.4 | N/A | -97.9% |
| Others | 10.0 | 29.2 | 36.4 | 19.7 | 25.4% |
| Total | 6,517 | 613 | 267 | 1,043 | -45.7% |
Top Export Markets for Almond from Thailand in 2022:
- China (182.5 tons)
- Philippines (6.8 tons)
- Vietnam (5.8 tons)
- Lao People's Democratic Republic (0.1 tons)
This report provides an in-depth analysis of the almond 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 221 - Almonds
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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