What is the price of coconut oil per kilogram/pound in Thailand today?
The retail price range for Thailand coconut oil is between US$ 2.87 and US$ 7.65 per kilogram or between US$ 1.30 and US$ 3.47 per pound(lb). Click here to see today's exact prices of coconut oil in Thailand
The retail price range in Baht for coconut oil is between THB 98.42 and THB 262.46 per kilogram or between THB 44.64 and THB 119.03 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2024, the approximate wholesale price range for Thailand coconut oil is between US$ 2.01 and US$ 5.35 per kilogram or between US$ 0.91 and US$ 2.43 per pound(lb).
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Thailand Coconut Oil Export Prices - Historical, Trends and Prediction
The export price of Coconut oil from Thailand over the last five years has seen a steady decline. In 2017, the price was 8.26 US $ per kg, which dropped to 7.10 US $ per kg in 2018. In 2019, the price decreased further to 5.57 US $ per kg and in 2020, it was 5.54 US $ per kg. The price dropped to its lowest in 2021, at 4.94 US $ per kg, and in 2022, it was 5.22 US $ per kg. Based on this trend, it is predicted that the export price of Coconut oil from Thailand in 2023 will be around 4.70 US $ per kg and in 2024, it will be around 4.50 US $ per kg.The Thailand coconut oil exports are classified as:
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
- Crude coconut oil (HS code 151311)
Thailand Coconut Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coconut oil into Thailand has seen a steady decline over the past five years. In 2016, the price was 8.05 US dollars per kg, and in 2020, it was 5.54 US dollars per kg. This represents a decrease of 31.3%. The lowest price was recorded in 2019, when the import price was 5.57 US dollars per kg. The highest price was recorded in 2014, when the import price was 9.05 US dollars per kg. Based on the current trend, it is predicted that the import price of Coconut oil into Thailand in 2023 will be 4.71 US dollars per kg, and in 2024 it will be 4.39 US dollars per kg.Export values for Thailand coconut oil
The total values in export for coconut oil in Thailand were in US dollar thousand for the years in that order.
Prices of other produce in the Processed category in Thailand: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of coconut oil in other countries across Asia: Kazakhstan coconut oil, Kyrgyzstan coconut oil, Tajikistan coconut oil, Turkmenistan coconut oil, Uzbekistan coconut oil, China coconut oil, Hong Kong coconut oil, Macao coconut oil, North Korea coconut oil & Mongolia coconut oil.
Thailand coconut oil - Production, Exports, Imports, Seasons and HS Codes
The volume of coconut oil sold by Thailand in 2020 was 1,745 tonnes. In 2019 Thailand sold 1,337 tonnes of coconut oil. Across 2019 alone, the interest in Thailand coconut oil (processed category) has improved, compared to the year 2018. Between 2017 and 2019 the exports of coconut oil were minimal, bringing Thailand very little foreign income. Thailand's coconut oil exports are categorised as:
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
- Crude coconut oil (HS code 151311)
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Thailand coconut oil export values
For the period between the years 2011 and 2020, Thailand shipped coconut oil valued at US$ 0.
The annual/yearly variation in the quantity of Thailand's coconut oil exports between 2017 and 2019 stayed stagnant.
Thailand's stake of the world's total coconut oil's exports in 2019 was less than 1%. Thailand holds number 32 in world exports of coconut oil.
Export markets for Thailand coconut oil ( in '000$ )
Thailand's top export markets for coconut oil are Lao (Laos), Russia, Japan, South Korea and Saudi Arabia.
Import/Export Trends
Thailand is a net exporter of coconut oil. The annual growth of Thailand coconut oil in value between 2015 to 2019 was -46%, per year, while annual growth in quantity for the same period was -53%, per annum.
Thailand bought 5,743 tonnes of coconut oil in 2019.