What is the price of olive oil per kilogram/pound in Thailand today?
The retail price range for Thailand olive oil is between US$ 6.39 and US$ 17.20 per kilogram or between US$ 2.90 and US$ 7.80 per pound(lb). Click here to see today's exact prices of olive oil in Thailand
The retail price range in Baht for olive oil is between THB 219.18 and THB 590.10 per kilogram or between THB 99.40 and THB 267.62 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2025, the approximate wholesale price range for Thailand olive oil is between US$ 4.47 and US$ 12.04 per kilogram or between US$ 2.03 and US$ 5.46 per pound(lb).
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Thailand Olive Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olive Oil from Thailand over the last five years has been quite varied. In 2017, the price was 5.13 US dollars per kg, followed by a sharp drop to 5.00 US dollars per kg in 2018. In 2019, the price rose slightly to 4.93 US dollars per kg, before dropping to 4.14 US dollars per kg in 2020. 2021 saw a slight increase to 4.94 US dollars per kg, before dropping again to 3.12 US dollars per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Olive Oil from Thailand in 2023 will be 4.02 US dollars per kg, and in 2024 it will be 3.10 US dollars per kg.The exports of olive oil from Thailand are categorised as:
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
Thailand Olive Oil Import Prices - Historical, Trends and Prediction
The import price of Olive Oil into Thailand over the last five years has been quite volatile. In 2012, the price per kilogram was 2.41 US dollars, which dropped to 1.35 US dollars in 2013. This was followed by a sharp increase to 5.89 US dollars in 2014, before dropping again to 3.62 US dollars in 2015. The price then decreased further to 2.34 US dollars in 2016, before rising to 5.13 US dollars in 2017. The price then stabilized at 5.00 US dollars in 2018 and 4.93 US dollars in 2019. In 2020, the price dropped to 4.14 US dollars, before increasing to 4.94 US dollars in 2021. The most recent data shows that the price per kilogram of Olive Oil into Thailand is 3.12 US dollars. Based on the data, it is predicted that the price of Olive Oil into Thailand in 2023 will be 4.45 US dollars and in 2024 it will be 3.87 US dollars.Export values for Thailand olive oil
The total values in export for olive 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 olive oil in other countries across Asia: Kazakhstan olive oil, Kyrgyzstan olive oil, Tajikistan olive oil, Turkmenistan olive oil, Uzbekistan olive oil, China olive oil, Hong Kong olive oil, Macao olive oil, North Korea olive oil & Mongolia olive oil.
Thailand olive oil - Production, Exports, Imports, Seasons and HS Codes
The volume of olive oil sold by Thailand in 2020 was 36 tonnes. In 2019 Thailand shipped 29 tonnes of olive oil. For 2019 alone, the market for Thailand olive oil (processed category) has climbed, compared to the year 2018. Between the years 2017 and 2019 the exports of olive oil were negligible, bringing the country very little foreign income. Thailand's olive oil exports are grouped as:
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
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Thailand olive oil export values
For the period between the years 2011 and 2020, Thailand shipped olive oil valued at US$ 0.
The annual/yearly variation in the quantity of Thailand's olive oil exports for the period between 2017 and 2019 stayed stagnant.
Thailand's share of the world's total olive oil's exports in 2019 was less than 1%. Thailand holds number 17 in world exports of olive oil.
Export markets for Thailand olive oil ( in '000$ )
Thailand's best performing destinations for olive oil are Ghana, Myanmar, US, Bangladesh and the Netherlands.
Import/Export Trends
Thailand is a net importer of olive oil. The annual growth of Thailand olive oil in value between 2015 to 2019 was -3%, per annum, while annual growth in quantity for the same period was 2%, per annum.
Thailand brought in 5,286 tonnes of olive oil in 2019.