14 Jun 2024
Agriculture
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25 Aug 2021
KResearch projects that, despite short-term supply disruption stemming from the COVID-19 outbreaks, Thai mangosteen exports could be valued at an estimated USD 540-560 million, or growth of 14.6-18.8 percent YoY, mainly from export prices. While Indonesia may have taken a greater share of the Chinese market, Thailand should be able to maintain its dominant market position as Thai mangosteen has a price advantage over its competitors. Thailand is also located closer to China, allowing shipments to be delivered with relative ease and ensuring the freshness and quality of Thai mangosteen that is already known for its unique taste. Moreover, Thai fruit exporters have strength in the Chinese Market. Nonetheless, close attention should be paid to the volume of mangosteens from Indonesia, which may increase rapidly over the forthcoming period.... Read more
25 Jun 2021
Durian, the aptly-named ‘King of Fruits’, generates the highest revenue for Thailand out of all its fruit exports. Since 2014, the export value for durian has surpassed all other fruits, and just recently reached a monthly record high of USD 934.9 million in May 2021, with growth of 95.3 percent YoY. Export value during the first five months of 2021 stood at USD 1.839 billion, accelerating sharply by 45.2 percent YoY. This figure places durian ahead of cassava,... Read more
24 Feb 2020
The novel coronavirus (COVID-19) epidemic has forced China to close its key border checkpoints and extend the Lunar New Year holidays to February. In addition, cross-border land transportation routes from Vietnam to China have contemporarily been suspended to monitor the COVID-19 outbreak, prompting fruit importers to cancel or postpone fruit purchase orders because Thai fruit exports are typically restricted by transportation and storage time. Given this, the value of Thai fruit shipments in Baht plunged by more than 46.1 percent (YoY) in January 2020.... Read more
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