Thailand's Kaitai Research Center said that in the first half of 2023, Thailand's fruit exports will increase by 10%, and China will become an important market

Other Value Added Fruits

Fruits

Thailand

Published Aug 3, 2023

Tridge summary

According to Thailand's Kaitai Research Center, the total export value of fresh, frozen, and processed fruits is expected to reach $5.5 billion in the first half of 2023, with a 10.3% increase compared to the previous year. Fruit is Thailand's largest food export category, accounting for 35% of the country's total food export value. The growth in fruit exports is mainly driven by orders from China, although challenges are expected in the second half of 2023 due to the passing of the peak season, economic uncertainty in major markets, climate change, and rising minimum wages impacting production costs and competitiveness.

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Original content

Thailand's Kaitai Research Center recently reported that in the first half of 2023, the total export value of fresh, frozen and processed fruits in Thailand will reach US$5.5 billion, a year-on-year increase of 10.3%. the Fruit is Thailand's largest export food category, accounting for 35% of Thailand's total food export value. According to the report, the factors supporting the growth of fruit exports in the first half of the year are mainly orders from China, an important export market. In 2022, fruit orders exported to China will account for Thailand's 87% of the total value of fruit exports. In addition, Thailand has also actively promoted the export of Thai fruits to new markets, such as durian to South Korea, grapefruit to the United States and the United Arab Emirates, and longan to India and Indonesia. the Kaitai Research Center expects that in the second half of 2023, Thailand's fruit export will face various challenges, including the fact that the peak season for ...

Source: Foodmate