Market Size for Citrus Fruits Not Elsewhere Classified in Thailand - 2022

Citrus Fruits Not Elsewhere Classified Consumption in Thailand - 2022

In 2022, consumption of citrus fruits not elsewhere classified decreased by -1.7% to 50K tons for the first time since 2019, thus ending a two-year rising trend. The total consumption volume increased at an average annual rate of +4.6% from 2017 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak volume of 51K tons, and then fell modestly in the following year.

The size of the market for citrus fruits not elsewhere classified in Thailand dropped to $40M in 2022, waning by -14.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers margins, which will be included in the final consumer price). Overall, the total consumption indicated a moderate increase from 2017 to 2022: its value increased at an average annual rate of +4.4% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +33.4% against 2020 indices. As a result, consumption reached the peak level of $46M, and then reduced in the following year.

Source: IndexBox Market Intelligence Platform

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