Top 5 Edible Oils Suppliers in Thailand in Week 02 of 2025

Introduction – Thailand’s Edible Oils Market in Statistical Focus

Thailand has steadily carved out its place in the global edible oils industry. While it may not rival giants like Malaysia or Indonesia in palm oil output, it remains a top-tier player, ranking 12th globally in edible oil production. In 2023, the country produced a solid 3.8 million metric tons, and projections show that figure growing to 4.2 million metric tons by 2028, at an annual growth rate of 1.5%.

From a market size standpoint, there’s a bit of confusion due to segmentation, but here’s what we know: the broader edible oils market in Thailand was valued at a whopping $3,070.94 billion in 2024 and is expected to hit $5,268.40 billion by 2032, growing at a 5.38% CAGR. Meanwhile, the domestic segment is forecasted to generate $435.19 million in revenue in 2025, with a 3.48% CAGR.

Why should this matter to you? Simple. Whether you’re a food manufacturer, distributor, or bulk buyer, tapping into Thailand’s edible oils supply chain means aligning with one of the most dynamic, health-trend-driven, and export-oriented markets in Asia. And with platforms like Freshdi, you can dive deep into supplier performance, request for quotation (RFQ) behavior, and emerging market signals.

Deep Dive – Key Production, Export Statistics & Current Demand Data

Let’s break down the nuts and bolts of Thailand’s edible oils sector—from how much it’s producing to where the oils are going.

Production Breakdown

Total Production (2023): 3.8 million metric tons
Projected Production (2028): 4.2 million metric tons
Key Oils:
Palm Oil: 3.27 million metric tons (2024/2025)
Soybean Oil: 475,000 metric tons (2024/2025)

Export Highlights

Blended Cooking Oils Revenue (2025): Estimated at $300 million
Top Export Markets:
India: 98% of total exports (5,356 shipments)
United States: 1% share (31 shipments)
Ukraine: Growing interest (14 shipments)

Demand Drivers

Health Trends: Consumers are leaning into oils high in omega-3s and omega-6s like flaxseed and avocado oil.
Urbanization: More processed food = more oil usage.
Biodiesel Boom: Crude palm oil demand is rising 4–5% annually, driven by the transport sector.

Freshdi Insight:

Freshdi’s RFQ data shows a spike in demand for sustainable and cold-pressed oils, particularly from buyers in the Middle East and Europe. Verified suppliers with certifications like GMP, HACCP, and Halal are receiving the bulk of inquiries.

Top 5 Verified Edible Oils Suppliers in Thailand – Leading Exporters by Volume

These suppliers are recognized not just for their export numbers but also for their consistent buyer reviews, certifications, and platform visibility on Freshdi.

1. Global Export 009 Limited Partnership

A veteran in the edible oils trade, this supplier is known for high-volume palm oil exports and impeccable shipment timelines.

2. Baba Thai Group

Specializing in blended and cold-pressed oils, Baba Thai Group serves diverse markets, including India, UAE, and Africa.

3. SUNISA KANKA

Trusted by health food companies, SUNISA KANKA focuses on non-GMO and organic oil variants, particularly avocado and rice bran oil.

4. ROYAL TRADING(THAILAND) CO.,LTD

Known for bulk shipments of soybean and sunflower oil, this company has a strong foothold in Eastern Europe.

5. TREVEX INTER COMPANY LIMITED

Trevex Inter caters to both foodservice and industrial clients, offering refined palm and coconut oils at competitive rates.

Dynamic Ranking Note:
Keep in mind, Freshdi updates its “Suppliers of the Month/Quarter” based on real-time metrics like RFQ wins, shipment success, and buyer ratings—so these rankings may shift as new data rolls in.

Market Navigation – Statistical Trends, Pricing Analysis & Export Dynamics

The edible oils trade isn’t just about picking a supplier and placing an order. Let’s look at what’s happening behind the scenes.

Export Dynamics & Demand Shifts

2023: Thailand exported around 0.71 million tonnes of crude palm oil (CPO), but this was a 0.7% YoY dip. Why? Domestic prices were too high, pushing buyers like India to look elsewhere.
2024 (January): A serious crash—exports down 71.5% from the month before. Myanmar picked up the slack, accounting for 73% of the reduced export volume.

Seasonal Price Fluctuations

Week 45 of 2024: RBD palm oil hit $1.19/kg—marking a 39.04% rise YoY. Supply tightening and global demand spikes were the culprits.
Weather Woes: Flood risks in Southern Thailand are impacting harvests, tightening supply, and pushing up prices.

Policy Shifts Matter

October 2024: Palm oil exports were suspended to manage domestic shortages.
November 2024: Biodiesel blend reduced from B7 to B5 to lower costs and ease pressure on oil prices.

Forecasts Through 2026

Production Downtrend: El Niño is expected to reduce palm fruit yields by 1–2% annually.
CPO Export Decline: Estimated 20–25% annual drop due to stronger domestic demand.
Domestic Demand Growth: Still going strong at 3–5% annually, thanks to the food, cosmetics, and transportation sectors.

Freshdi Insight:
Buyers are increasingly using Freshdi’s historical pricing tools and demand analytics to time their purchases. For example, Q2 tends to see better pricing for RBD palm oil due to surplus from Q1 harvests.

Conclusion – Leveraging Data for Informed Procurement

Thailand’s edible oils market is a high-potential zone for buyers, distributors, and food businesses. From robust production numbers to expanding export destinations, the country is well-positioned to serve global demand.

But here’s the kicker: The edible oils landscape is volatile. Prices swing. Policies shift. Climate plays a role. That’s why procurement decisions must be data-driven.

Key Takeaways:

Thailand ranks 12th globally in edible oil production.
Palm and soybean oils dominate the export scene.
India, the US, and Ukraine are the top destination markets.
Health trends and biodiesel demand are shaping the market.
Verified suppliers on Freshdi offer transparency, performance metrics, and real-time RFQ response rates.

Freshdi Advantage:
Using a platform like Freshdi gives buyers access to verified suppliers, market insights, pricing trends, and performance data—making procurement smarter and safer.

Quick Checklist for Edible Oil Buyers

✅ Check supplier certifications (GMP, HACCP, Halal)
✅ Compare historical pricing data before placing large orders
✅ Use Freshdi’s RFQ system to get competitive quotes fast
✅ Monitor seasonal trends (e.g., post-harvest price drops)
✅ Prioritize suppliers with proven export volumes and positive buyer reviews

Future Outlook

Sustainability is no longer optional—suppliers who follow RSPO or similar frameworks will dominate future trade.
Digital Procurement will continue to rise, with platforms like Freshdi setting the standard for transparency and traceability.
New Markets: Expect higher demand from Africa and the Middle East, especially for fortified and organic oils.

References

FAQs

1. What types of edible oils are most commonly exported from Thailand?
Palm oil leads the pack, followed by soybean and blended cooking oils. There’s also rising interest in avocado, rice bran, and sunflower oils.

2. Why is India the top importer of Thailand’s edible oils?
India’s massive population and demand for blended cooking oils make it a natural partner. Plus, Thailand offers competitive logistics and pricing.

3. Are there seasonal lows for edible oil prices in Thailand?
Yes. Q2 often sees price dips due to surplus from Q1 harvests. Platforms like Freshdi can help you track these trends.

4. How does Freshdi verify its suppliers?
Freshdi uses a combination of trade data analysis, certification checks, RFQ response history, and buyer reviews to verify supplier credibility.

5. What should I look for when choosing a Thai edible oil supplier?
Look for export history, certifications, product range, buyer ratings, and responsiveness to RFQs. Freshdi lets you compare these metrics side by side.