Price for Apples, Pears and Quinces; Fresh in Thailand - 2023
Contents:
- Price for Apples, Pears and Quinces; Fresh in Thailand (CIF) - 2023
- Price for Apples, Pears and Quinces; Fresh in Thailand (FOB) - 2023
- Imports of Apples, Pears and Quinces; Fresh in Thailand
- Exports of Apples, Pears and Quinces; Fresh in Thailand
Price for Apples, Pears and Quinces; Fresh in Thailand (CIF) - 2023
The average import price for apples, pears and quinces; freshes stood at $1,524 per ton in June 2023, picking up by 13% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was New Zealand ($1,898 per ton), while the price for China ($1,249 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Apples, Pears and Quinces; Fresh in Thailand (FOB) - 2023
In June 2023, the average export price for apples, pears and quinces; freshes amounted to $886 per ton, with an increase of 4.4% against the previous month. Over the period from July 2022 to June 2023, it increased at an average monthly rate of +2.7%. The pace of growth was the most pronounced in September 2022 when the average export price increased by 18% month-to-month. Over the period under review, the average export prices hit record highs in June 2023.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Cambodia ($1,256 per ton), while the average price for exports to Lao People's Democratic Republic ($486 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Apples, Pears and Quinces; Fresh in Thailand
In 2022, after three years of growth, there was decline in supplies from abroad of apples, pears and quinces; freshes, when their volume decreased by -1.3% to 252K tons. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 15% against the previous year.
In value terms, apples, pears and quinces; fresh imports contracted to $327M in 2022. The total import value increased at an average annual rate of +10.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 33%.
| Import of Apples, Pears and Quinces; Fresh in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 159 | 254 | 283 | 258 | 17.5% |
| New Zealand | 47.7 | 37.4 | 36.6 | 41.2 | -4.8% |
| United States | 21.8 | 17.1 | 13.7 | 13.8 | -14.1% |
| France | 7.0 | 6.5 | 3.7 | 5.7 | -6.6% |
| Others | 6.8 | 5.9 | 7.5 | 7.9 | 5.1% |
| Total | 242 | 321 | 344 | 327 | 10.6% |
Top Suppliers of Apples, Pears and Quinces; Fresh to Thailand in 2022:
- China (214.5K tons)
- New Zealand (22.3K tons)
- United States (8.0K tons)
- France (4.0K tons)
Exports of Apples, Pears and Quinces; Fresh in Thailand
In 2022, after three years of growth, there was significant decline in overseas shipments of apples, pears and quinces; freshes, when their volume decreased by -21% to 8K tons. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 370% against the previous year. As a result, the exports reached the peak of 10K tons, and then contracted rapidly in the following year.
In value terms, apples, pears and quinces; fresh exports reduced remarkably to $5.6M in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 270%. As a result, the exports attained the peak of $7.3M, and then contracted dramatically in the following year.
| Export of Apples, Pears and Quinces; Fresh in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 0.3 | 1.2 | 6.5 | 5.2 | 158.8% |
| Lao People's Democratic Republic | 0.7 | 0.1 | 0.4 | 0.2 | -34.1% |
| Others | 0.1 | 0.6 | 0.4 | 0.2 | 26.0% |
| Total | 1.1 | 2.0 | 7.3 | 5.6 | 72.0% |
Top Export Markets for Apples, Pears and Quinces; Fresh from Thailand in 2022:
- Myanmar (7.3K tons)
- Lao People's Democratic Republic (0.6K tons)
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