Thailand: Dried Prune Market 2024

Dried Prune Market Size in Thailand

In 2022, the Thai dried prune market decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Dried Prune Production in Thailand

In value terms, dried prune production surged to $X in 2022 estimated in export price. Overall, production continues to indicate a significant increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Dried prune production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Dried Prune Exports

Exports from Thailand

In 2022, overseas shipments of dried prunes decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, dried prune exports reduced remarkably to $X in 2022. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted markedly in the following year.

Exports by Country

The United States (X tons), China (X tons) and Chile (X tons) were the main destinations of dried prune exports from Thailand, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for dried prune exported from Thailand were the United States ($X), China ($X) and Chile ($X), with a combined X% share of total exports.

Among the main countries of destination, Chile, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average dried prune export price amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, recorded resilient growth. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Prune Imports

Imports into Thailand

In 2022, supplies from abroad of dried prunes decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, dried prune imports shrank significantly to $X in 2022. In general, imports recorded a perceptible decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), Chile (X tons) and Malaysia (X kg) were the main suppliers of dried prune imports to Thailand, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest dried prune suppliers to Thailand were the United States ($X), Chile ($X) and Malaysia ($X), together comprising X% of total imports.

Chile, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average dried prune import price stood at $X per ton in 2022, flattening at the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried prune import price increased by X% against 2020 indices. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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