Grapefruit juice market in Thailand

Earlier Report Observations

The market volume for unfermented grapefruit juice in Thailand reached its highest point in 2019 at 18.5 million liters, then contracted by 13.5% to 16.0 million liters in 2020. Over the next three years, volume gradually recovered, rising to 17.8 million liters by 2023, which was 4.5% above the 2020 low but still 3.8% below the 2019 peak.

In value terms, the market showed a different pattern. After a slight increase to USD 11.7 million in 2019, the market value fell to USD 9.9 million in 2020 and continued declining to USD 9.0 million in 2021. A modest rebound to USD 9.2 million occurred in 2022, but value dropped again to USD 8.9 million in 2023. This downward trend in value occurred alongside a recovering physical volume, suggesting shifts in average prices or product mix.

Production grapefruit juice in Thailand

In kind, 2017-2020, K l

On a global scale, Thailand ranked as the 7th largest producer of grapefruit juice during the period from 2017 to 2020.

Top producers of grapefruit juice, 2017-2020

World map of production of grapefruit juice, 2017-2020

Following two consecutive years of growth, grapefruit juice production in Thailand experienced a decline. In 2020, production reached 17 276 thousand liters, marking a significant year-over-year decrease of 15.8%. Over the entire period from 2017 to 2020, production increased by 2.1%, which translates to an annualized growth rate of 0.7%. The highest production volume was recorded in 2019 at 20 529 thousand liters, with the largest annual increase occurring in 2018 at 10.5%.

Annual dynamics of production in Thailand in kind, 2017-2020, K l

In value, 2017-2020, K $ US

After two years of rising output, grapefruit juice production in Thailand saw a downturn. In 2020, the value of grapefruit juice production in Thailand was 10 445 thousand US dollars, reflecting a 19.1% decrease compared to the previous year. The peak value was achieved in 2019 at 12 915 thousand US dollars, while the most substantial increase took place in 2018 with a 16.7% rise.

Annual dynamics of production in Thailand in value, 2017-2020, K $ US

Exports grapefruit juice from Thailand

Exports in kind, K l

In 2020, Thailand's grapefruit juice exports totaled 1 388 thousand liters, indicating a sharp decline of 32.0% from the prior year. From 2017 to 2020, exports decreased by 26.3%, equivalent to an annualized rate of decline of 9.7%. The highest export volume was recorded in 2019 at 2 042 thousand liters, which also saw the largest annual increase of 28.7%.

Annual dynamics of product's exports from Thailand in kind, 2017-2020, K l

Between 2017 and 2020, Laos, Vietnam, and China were the leading destinations for Thailand's grapefruit juice exports in volume terms. Laos accounted for 52.8% of exports, Vietnam for 4.7%, and China for 3.9%, with their combined share reaching 61.5% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Thailand in kind, 2017-2020

Exports in value, K $ US

In 2020, Thailand exported grapefruit juice valued at 839 thousand US dollars, which represents a 34.7% decrease compared to 2019. Over the period from 2017 to 2020, exports declined by 27.8%, with a compound annual growth rate (CAGR) of -10.3%. The maximum export value was recorded in 2019 at 1 285 thousand US dollars, and the largest annual increase occurred in 2019 with a 24.2% rise.

Annual dynamics of product's exports from Thailand in value, 2017-2020, K $ US

From 2017 to 2020, Laos, Vietnam, and China were the top buyers of grapefruit juice from Thailand in value terms. Laos held a 44.6% share of exports, Vietnam 7.1%, and China 5.8%, collectively accounting for 57.5% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Thailand in value, 2017-2020

Imports grapefruit juice to Thailand

Imports in kind, K l

The import market showed an unstable trend throughout the period. Imports peaked in 2017 and reached their lowest point in 2019, with a 10.6-fold difference between these years. In 2020, Thailand imported 113 thousand liters of grapefruit juice, marking a substantial year-over-year increase of 416.8%. The minimum import volume was recorded in 2019 at 22 thousand liters, and the largest annual decline occurred in 2019 with an 86.5% drop.

Annual dynamics of product's imports to Thailand in kind, 2017-2020, K l

During 2017–2020, the United States, Israel, and Malaysia were the primary sources of grapefruit juice imports to Thailand in volume terms. The United States accounted for 36.9% of imports, Israel for 20.7%, and Malaysia for 14.1%, together comprising 71.6% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Thailand in kind, 2017-2020

Imports in value, K $ US

The market exhibited noticeable fluctuations in performance during this period. Imports reached their peak in 2017 and fell to the lowest point in 2019, showing a fluctuation of 23 times between these years. In 2020, the value of grapefruit juice imports into Thailand was 332 thousand US dollars, representing a remarkable year-over-year increase of 1,487.5%. The minimum import value was recorded in 2019 at 21 thousand US dollars, and the largest annual decline occurred in 2019 with a 93.7% decrease.

Annual dynamics of product's imports to Thailand in value, 2017-2020, K $ US

From 2017 to 2020, the United States, Israel, and Vietnam consistently remained the main sources for Thailand's grapefruit juice imports in value terms. The United States accounted for 40.0% of imports, Israel for 25.9%, and Vietnam for 18.3%, with their combined share reaching 84.1% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Thailand in value, 2017-2020