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Thailand - Egg Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEgg Product Price in Thailand - 2023
Contents:
- Egg Product Price in Thailand (FOB) - 2023
- Egg Product Price in Thailand (CIF) - 2022
- Egg Product Exports in Thailand
- Egg Product Imports in Thailand
Egg Product Price in Thailand (FOB) - 2023
In September 2023, the average egg product export price amounted to $3,397 per ton, waning by -8.9% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 17% month-to-month. The export price peaked at $3,825 per ton in July 2023; however, from August 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Singapore ($6,332 per ton), while the average price for exports to Japan ($3,194 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 Japan (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Egg Product Price in Thailand (CIF) - 2022
The average egg product import price stood at $2,365 per ton in 2022, shrinking by -5% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 13%. The import price peaked at $7,024 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($3,624 per ton), while the price for the Netherlands ($1,640 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+46.8%), while the prices for the other major suppliers experienced a decline.
Egg Product Exports in Thailand
In 2022, egg product exports from Thailand plummeted to 2.4K tons, which is down by -44% on 2021 figures. Over the period under review, exports recorded a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 17%.
In value terms, egg product exports plummeted to $9M in 2022. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 9.8% against the previous year.
Export of Egg Product in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 6.2 | 5.3 | 6.6 | 4.9 | -7.5% |
Singapore | 4.9 | 1.5 | 0.9 | 2.4 | -21.2% |
Malaysia | N/A | N/A | N/A | 0.8 | 0% |
United States | 3.1 | 3.0 | 3.5 | 0.6 | -42.2% |
Canada | 0.7 | 0.5 | 0.5 | 0.1 | -47.7% |
Lao People's Democratic Republic | N/A | N/A | N/A | 0.1 | 0% |
Australia | 0.4 | 0.5 | 0.6 | N/A | 22.5% |
Others | 0.4 | 0.5 | 0.4 | 0.1 | -37.0% |
Total | 15.7 | 11.5 | 12.6 | 9.0 | -16.9% |
Top Export Markets for Egg Product from Thailand in 2022:
- Japan (1617.5 tons)
- Singapore (249.3 tons)
- United States (235.9 tons)
- Malaysia (164.2 tons)
- Lao People's Democratic Republic (39.3 tons)
- Canada (24.5 tons)
- Australia (14.5 tons)
Egg Product Imports in Thailand
In 2022, after three years of growth, there was decline in overseas purchases of egg products, when their volume decreased by -0.9% to 3.3K tons. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 70%. As a result, imports reached the peak of 3.3K tons, leveling off in the following year.
In value terms, egg product imports reduced to $7.8M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, imports reached the peak of $8.3M, and then dropped in the following year.
Import of Egg Product in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1,232 | 476 | 758 | 3,277 | 38.6% |
Netherlands | 814 | 962 | 2,714 | 1,447 | 21.1% |
China | 452 | 742 | 885 | 909 | 26.2% |
Germany | 1,475 | 2,246 | 2,230 | 803 | -18.3% |
Denmark | 201 | 148 | 215 | 393 | 25.0% |
Turkey | 216 | 364 | 388 | 323 | 14.4% |
France | 70.4 | 283 | 425 | 272 | 56.9% |
United States | 429 | 438 | 67.5 | 114 | -35.7% |
Others | 501 | 503 | 620 | 278 | -17.8% |
Total | 5,389 | 6,162 | 8,302 | 7,816 | 13.2% |
Top Suppliers of Egg Product to Thailand in 2022:
- India (1376.5 tons)
- Netherlands (882.5 tons)
- Germany (386.7 tons)
- China (279.3 tons)
- Denmark (122.0 tons)
- Turkey (97.7 tons)
- France (75.1 tons)
- United States (10.8 tons)
This report provides an in-depth analysis of the egg product 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 10891230 - Egg products, fresh, dried, cooked by steaming or by boiling in water, moulded, frozen or otherwise preserved (excluding albumin, in the shell)
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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the egg product market in Thailand.
This report provides an in-depth analysis of the global egg product market.
This report provides an in-depth analysis of the egg product market in Thailand.
This report provides an in-depth analysis of the global egg product market.
Egg Product exports reached their peak and are expected to keep growing in the near future, hitting $26 million in value in 2023.
Egg Product exports reached their peak and are expected to keep growing in the near future, hitting $26 million in value in 2023.