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Thailand - Sunflower Oilcake - Market Analysis, Forecast, Size, Trends And Insights
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Thailand: Sunflower Oilcake Market Overview 2021

Sunflower Oilcake Market Size in Thailand

The Thai sunflower oilcake market skyrocketed to $X in 2019, growing by X% against the previous year. In general, the total consumption indicated tangible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Sunflower oilcake consumption peaked at $X in 2015; however, from 2016 to 2019, consumption failed to regain the momentum.

Sunflower Oilcake Production in Thailand

In value terms, sunflower oilcake production surged to $X in 2019 estimated in export prices. Overall, the total production indicated noticeable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Sunflower oilcake production peaked at $X in 2015; however, from 2016 to 2019, production remained at a lower figure.

Sunflower Oilcake Exports

Exports from Thailand

In 2019, after two years of decline, there was significant growth in overseas shipments of sunflower oilcake, when their volume increased by X% to X tonnes. Overall, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

In value terms, sunflower oilcake exports contracted rapidly to $X in 2019. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2018, and then shrank dramatically in the following year.

Exports by Country

Viet Nam (X tonnes) was the main destination for sunflower oilcake exports from Thailand, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Viet Nam was relatively modest.

From 2007 to 2019, the average annual growth rate of value to Viet Nam was relatively modest.

Export Prices by Country

In 2019, the average sunflower oilcake export price amounted to $X per tonne, declining by -X% against the previous year. In general, export price indicated a slight expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Viet Nam.

From 2007 to 2019, the rate of growth in terms of prices for Viet Nam amounted to X% per year.

Sunflower Oilcake Imports

Imports into Thailand

After five years of growth, supplies from abroad of sunflower oilcake decreased by -X% to X tonnes in 2019. Overall, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2018, and then shrank in the following year.

In value terms, sunflower oilcake imports reached $X in 2019. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum in 2019 and are expected to retain growth in the immediate term.

Imports by Country

In 2019, Ukraine (X tonnes) was the main sunflower oilcake supplier to Thailand, accounting for a X% share of total imports. It was followed by Russia (X tonnes), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Ukraine amounted to +X%.

In value terms, Ukraine ($X) constituted the largest supplier of sunflower oilcake to Thailand, comprising X% of total imports. The second position in the ranking was occupied by Russia ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Ukraine stood at +X%.

Import Prices by Country

The average sunflower oilcake import price stood at $X per tonne in 2019, rising by X% against the previous year. In general, import price indicated a resilient expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, sunflower oilcake import price increased by +X% against 2017 indices. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Ukraine ($X per tonne), while the price for Russia totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Ukraine.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sunflower oilcake in the world?
+
China (16M tonnes) remains the largest sunflower oilcake consuming country worldwide, comprising approx. 17% of total volume. Moreover, sunflower oilcake consumption in China exceeded the figures recorded by the second-largest consumer, India (6.3M tonnes), threefold. The U.S. (5.4M tonnes) ranked third in terms of total consumption with a 6% share.
What are the largest producers of sunflower oilcake in the world?
+
China (15M tonnes) constituted the country with the largest volume of sunflower oilcake production, accounting for 17% of total volume. Moreover, sunflower oilcake production in China exceeded the figures recorded by the second-largest producer, India (6M tonnes), threefold. The third position in this ranking was occupied by the U.S. (5.4M tonnes), with a 5.9% share.
What are the leading suppliers of sunflower oilcake to Thailand?
+
In value terms, Ukraine ($31M) constituted the largest supplier of sunflower oilcake to Thailand, comprising 98% of total imports. The second position in the ranking was occupied by Russia ($637K), with a 2% share of total imports.
What is the average export price for sunflower oilcake in Thailand?
+
The average sunflower oilcake export price stood at $371 per tonne in 2019, reducing by -31.5% against the previous year.
What is the average import price for sunflower oilcake in Thailand?
+
In 2019, the average sunflower oilcake import price amounted to $246 per tonne, surging by 9.1% against the previous year.

Product coverage:
• Prodcom 10414150 - Oilcake and other solid residues resulting from the extraction of sunflower seed fats or oils

This report provides an in-depth analysis of the sunflower oilcake 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

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

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