Thai Mangosteen Exports Achieve Unprecedented Growth
Thai mangosteen exports have reached unprecedented growth, with a 20.8% increase in 2023, exporting over 248,000 tons and earning over 500 million dollars. Thailand remains the leading supplier to China, accounting for 93.73% of exports. To sustain market leadership, it is crucial for Thailand to maintain quality, improve standards, and diversify its markets.
Thai mangosteen exports have experienced significant growth, reinforcing Thailand's position as a global leader.
In 2023, exports reached 248,612.25 tons, showing a 20.8% increase from the previous year.
The export value climbed to US$502.24 million (17,192.32 million baht), marking a 25.6% rise.
The primary export destination was China, accounting for 93.73% of the market, followed by Vietnam, Hong Kong, South Korea, and the US.
In the first eight months of 2024, Thailand's mangosteen exports amounted to 247,274.83 tons, yielding $427.28 million (15,425 million baht), signifying 25.6% volume growth and 2.0% value growth year-on-year.
Despite Indonesia's increasing presence in the market, Thailand remains a key supplier to China, contributing 85.07% of China's mangosteen imports.
To maintain its dominance and mitigate risks associated with market concentration, Thailand is advised to uphold quality, improve production standards, and diversify its export markets.
In 2023, exports reached 248,612.25 tons, showing a 20.8% increase from the previous year.
The export value climbed to US$502.24 million (17,192.32 million baht), marking a 25.6% rise.
The primary export destination was China, accounting for 93.73% of the market, followed by Vietnam, Hong Kong, South Korea, and the US.
In the first eight months of 2024, Thailand's mangosteen exports amounted to 247,274.83 tons, yielding $427.28 million (15,425 million baht), signifying 25.6% volume growth and 2.0% value growth year-on-year.
Despite Indonesia's increasing presence in the market, Thailand remains a key supplier to China, contributing 85.07% of China's mangosteen imports.
To maintain its dominance and mitigate risks associated with market concentration, Thailand is advised to uphold quality, improve production standards, and diversify its export markets.
