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Thailand - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights
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Thailand: Maize Oil Market Overview 2021

Maize Oil Market Size in Thailand

After two years of decline, the Thai maize oil market increased by X% to $X in 2020. In general, consumption posted a resilient expansion. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. from 2012 to 2020, the growth of the market remained at a lower figure.

Maize Oil Exports

Exports from Thailand

In 2020, after three years of decline, there was significant growth in shipments abroad of maize oil, when their volume increased by X% to X tonnes. In general, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. from 2010 to 2020, the growth exports failed to regain the momentum.

In value terms, maize oil exports skyrocketed to $X in 2020. Overall, exports, however, faced a deep setback. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Lao People's Democratic Republic (X tonnes) was the main destination for maize oil exports from Thailand, with a X% share of total exports. Moreover, maize oil exports to Lao People's Democratic Republic exceeded the volume sent to the second major destination, Viet Nam (X kg), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Lao People's Democratic Republic totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Viet Nam (X% per year) and Myanmar (+X% per year).

From 2007 to 2020, the average annual growth rate of value to Lao People's Democratic Republic amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Viet Nam (X% per year) and Myanmar (+X% per year).

Export Prices by Country

In 2020, the average maize oil export price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the export price saw a mild curtailment. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. from 2019 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Myanmar ($X per tonne), while the average price for exports to Lao People's Democratic Republic ($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 Myanmar, while the prices for the other major destinations experienced mixed trend patterns.

Maize Oil Imports

Imports into Thailand

In 2020, after two years of decline, there was significant growth in supplies from abroad of maize oil, when their volume increased by X% to X tonnes. In general, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. from 2012 to 2020, the growth imports failed to regain the momentum.

In value terms, maize oil imports surged to $X in 2020. Overall, imports posted a strong expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. As a result, imports reached the peak of $X. from 2012 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Turkey (X tonnes) constituted the largest supplier of maize oil to Thailand, with a X% share of total imports. Moreover, maize oil imports from Turkey exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), twofold. The third position in this ranking was occupied by China (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Turkey totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and China (+X% per year).

In value terms, Turkey ($X) constituted the largest supplier of maize oil to Thailand, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Turkey stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Japan (+X% per year).

Import Prices by Country

In 2020, the average maize oil import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, 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 maize oil in the world?
+
The country with the largest volume of maize oil consumption was the U.S. (1.6M tonnes), accounting for 45% of total volume. Moreover, maize oil consumption in the U.S. exceeded the figures recorded by the second-largest consumer, China (557K tonnes), threefold. The third position in this ranking was occupied by Brazil (124K tonnes), with a 3.4% share.
What are the largest producers of maize oil in the world?
+
The country with the largest volume of maize oil production was the U.S. (1.8M tonnes), accounting for 51% of total volume. Moreover, maize oil production in the U.S. exceeded the figures recorded by the second-largest producer, China (565K tonnes), threefold. Brazil (142K tonnes) ranked third in terms of total production with a 3.9% share.
What are the leading suppliers of maize oil to Thailand?
+
In value terms, Turkey ($266K) constituted the largest supplier of maize oil to Thailand, comprising 40% of total imports. The second position in the ranking was occupied by the U.S. ($117K), with a 18% share of total imports. It was followed by Japan, with a 13% share.
What is the average export price for maize oil in Thailand?
+
In 2020, the average maize oil export price amounted to $1,147 per tonne, falling by -39.3% against the previous year.
What is the average import price for maize oil in Thailand?
+
The average maize oil import price stood at $1,388 per tonne in 2020, increasing by 11% against the previous year.

Product coverage:
• FCL 60 - Oil of Maize

This report provides an in-depth analysis of the maize oil market 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

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 2030
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

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