Wine Lees; Argol Price in Thailand - 2023

Contents:

1. Wine Lees; Argol Price in Thailand (FOB) - 2022
2. Wine Lees; Argol Exports in Thailand

Wine Lees; Argol Price in Thailand (FOB) - 2022

The average wine lees; argol export price stood at $6,214 per ton in 2022, declining by -5.9% against the previous year. Overall, the export price, however, recorded a pronounced expansion. The growth pace was the most rapid in 2020 when the average export price decreased by -5.9% against the previous year. The export price peaked at $7,946 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2016 to 2022, the rate of growth in terms of prices for Singapore amounted to +19.0% per year.

Wine Lees; Argol Exports in Thailand

In 2022, approx. 17 tons of wine lees; argol were exported from Thailand; picking up by 38% compared with the previous year. The total export volume increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wine lees; argol exports skyrocketed to $103K in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Wine Lees; Argol from Thailand in 2022:

1. Indonesia (16.5 tons)

Source: IndexBox Market Intelligence Platform