Latest Report Update: Jul 16, 2021

Thailand - Crude Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Thailand: Overview of the Market for Crude Sunflower-Seed And Safflower Oil 2021

Market Size for Crude Sunflower-Seed And Safflower Oil in Thailand

For the fourteenth year in a row, the Thai market for crude sunflower-seed and safflower oil recorded growth in sales value, which increased by X% to $X in 2020. Overall, consumption saw a strong expansion. The most prominent rate of growth was recorded in 2019 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level in 2020 and is expected to retain growth in the near future.

Production of Crude Sunflower-Seed And Safflower Oil in Thailand

In value terms, crude sunflower-seed and safflower oil production amounted to $X in 2020 estimated in export prices. Over the period under review, production showed buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. Crude sunflower-seed and safflower oil production peaked in 2020 and is likely to continue growth in the near future.

Exports of Crude Sunflower-Seed And Safflower Oil

Exports from Thailand

In 2020, after seven years of decline, there was significant growth in overseas shipments of crude sunflower-seed and safflower oil, when their volume increased by X% to X tonnes. Overall, exports recorded a relatively flat trend pattern. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, crude sunflower-seed and safflower oil exports soared to $X in 2020. Over the period under review, total exports indicated a remarkable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2007 indices. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Myanmar (X tonnes), Japan (X tonnes) and Singapore (X tonnes) were the main destinations of crude sunflower-seed and safflower oil exports from Thailand, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Myanmar, while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for crude sunflower-seed and safflower oil exported from Thailand were Japan ($X), Myanmar ($X) and Singapore ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Myanmar recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for crude sunflower-seed and safflower oil stood at $X per tonne in 2020, leveling off at the previous year. In general, export price indicated a temperate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, crude sunflower-seed and safflower oil export price increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2019, and then contracted slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per tonne), while the average price for exports to Myanmar ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Singapore, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Crude Sunflower-Seed And Safflower Oil

Imports into Thailand

In 2020, approx. X tonnes of crude sunflower-seed and safflower oil were imported into Thailand; remaining stable against the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in the near future.

In value terms, crude sunflower-seed and safflower oil imports amounted to $X in 2020. In general, imports recorded a relatively flat trend pattern. Imports peaked in 2020 and are likely to continue growth in the near future.

Imports by Country

Malaysia (X tonnes), the UK (X tonnes) and the U.S. (X tonnes) were the main suppliers of crude sunflower-seed and safflower oil imports to Thailand, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S., while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Malaysia ($X) and the U.S. ($X) were the largest crude sunflower-seed and safflower oil suppliers to Thailand, with a combined X% share of total imports.

The U.S. recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for crude sunflower-seed and safflower oil stood at $X per tonne in 2020, remaining constant against the previous year. In general, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure in 2020 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude sunflower-seed and safflower oil in the world?
+
China (8.9M tonnes) remains the largest crude sunflower-seed and safflower oil consuming country worldwide, accounting for 20% of total volume. Moreover, crude sunflower-seed and safflower oil consumption in China exceeded the figures recorded by the second-largest consumer, India (3.3M tonnes), threefold. The U.S. (1.9M tonnes) ranked third in terms of total consumption with a 4.5% share.
What are the largest producers of crude sunflower-seed and safflower oil in the world?
+
The countries with the highest volumes of crude sunflower-seed and safflower oil production in 2020 were China (6.9M tonnes), Ukraine (6.4M tonnes) and Russia (2.9M tonnes), together accounting for 38% of global production.
What are the leading suppliers of crude sunflower-seed and safflower oil to Thailand?
+
In value terms, the largest crude sunflower-seed and safflower oil suppliers to Thailand were the UK ($2.9M), Malaysia ($2.7M) and the U.S. ($736K), together comprising 98% of total imports.
What are the leading importers of crude sunflower-seed and safflower oil from Thailand?
+
In value terms, the largest markets for crude sunflower-seed and safflower oil exported from Thailand were Japan ($38K), Myanmar ($32K) and Singapore ($27K), together accounting for 98% of total exports.
What is the average export price for crude sunflower-seed and safflower oil in Thailand?
+
In 2020, the average export price for crude sunflower-seed and safflower oil amounted to $1,591 per tonne, stabilizing at the previous year.
What is the average import price for crude sunflower-seed and safflower oil in Thailand?
+
In 2020, the average import price for crude sunflower-seed and safflower oil amounted to $841 per tonne, remaining relatively unchanged against the previous year.

Product coverage:
• Prodcom 10412400 - Crude sunflower-seed and safflower oil and their fractions (excluding chemically modified)

This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Thailand

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Thailand
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

Webinar: Global Solid Biofuels Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global solid biofuels market.



Thursday, September 9th, 2021 @ 04:00 pm ET


Register

Webinar: Global Beef Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global beef market.



Thursday, September 16th, 2021 @ 04:00 pm ET


Register

Webinar: Global Cement Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global cement market.



Thursday, September 23rd, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data