Introduction – Thailand’s Sunflower Oil Market in Statistical Focus
Thailand might not be the first country that comes to mind when you think of sunflower oil, but it’s steadily carving out a niche in the global market. While it doesn’t rival powerhouses like Ukraine or Russia, Thailand’s sunflower oil exports have made their mark, especially in Southeast Asia and parts of the Middle East.
In 2024, the market for crude sunflower-seed and safflower oil in Thailand dropped by 28.5% to $17 million, continuing a two-year downtrend. However, refined oil exports remained consistent, with Thailand exporting over 1.3 million kilograms in 2023, valued at around $2.72 million. Export destinations included Myanmar, Vietnam, and Lao PDR.
Still, rough seas don’t mean the ship is sinking. With strategic sourcing and data-backed supplier selection, businesses can tap into Thailand’s sunflower oil industry smartly — and platforms like Freshdi are empowering buyers to do just that by offering verified supplier data, RFQ trends, and trade analytics.
Let’s dive into the current stats, top suppliers, and how buyers can strategically source sunflower oil from Thailand in 2025.
Deep Dive – Key Production, Export Statistics & Current Demand Data
Thailand’s sunflower oil sector has experienced its fair share of ups and downs. But when you look at the numbers, there’s a clear story unfolding.
Production Volumes
- In 2023, Thailand produced approximately 25,000 metric tons of sunflower oil.
- This remained unchanged from 2022, signaling a plateau in output.
(Source: ReportLinker)
Export Volumes and Value
- In 2022: 4.18 million kg of crude sunflower oil worth $7.37 million
- In 2023: 2.2 million kg valued at $5.31 million
(Source: Divercity Times)
Yes, that’s a dip. But don’t be too quick to judge — refined sunflower oil exports remained steady.
Top Export Destinations in 2023
- Myanmar: $2.42M (1.13 million kg)
- Vietnam: $139.6K (75,000 kg)
- Lao PDR: $111.1K (83,587 kg)
- Cambodia: $34.8K (17,372 kg)
- Indonesia: $6,970 (3,800 kg)
(Source: World Bank WITS)
Domestic Demand Trends
Consumption remained stable at 25,000 metric tons in 2023 and is projected to grow to 27,810 metric tons by 2028. That’s a CAGR of 1.6%, driven by rising health awareness and a preference for lighter cooking oils.
(Source: ReportLinker)
On Freshdi, RFQ (Request for Quotation) data shows increased B2B demand from Southeast Asia and the Middle East, aligning with the export trends we’ve seen.
Top 8 Verified Sunflower Oil Suppliers in Thailand – Proven Export Performers
If you’re looking to source sunflower oil from Thailand, supplier credibility is everything. Here are eight top-performing suppliers verified on Freshdi, based on export volume, buyer reviews, and global reach.
1. Global Export 009 Limited Partnership
A trusted name in edible oils, known for consistent product quality and timely shipments.
2. SUNISA KANKA
Offers premium-grade sunflower oil with cholesterol-free blends — ideal for health-conscious markets.
3. Baba Thai Group
Specialists in refined sunflower and vegetable oils for retail and industrial use.
4. Mangmee Enterprise Company Limited
Known for high-quality refined oil and responsive service.
5. BUARADA Co.,Ltd.
One of Thailand’s best-selling sunflower oil brands, popular in both local and export markets.
6. THAI MART INTERTRADE
Specializes in premium refined oils, popular among Middle Eastern buyers.
7. J.C.P IMPORT AND EXPORT CO., LTD
Offers bulk packaging and custom labeling — great for private label brands.
8. F D & A Inter Co. Ltd.
Reliable exporter focused on long-term B2B partnerships.
Dynamic Ranking Note: On Freshdi, supplier performance rankings shift based on verified shipments, buyer ratings, and response times. Check out the “Suppliers of the Month” section for the latest movers and shakers.
Market Navigation – Statistical Trends, Pricing Analysis & Export Dynamics
Export Growth Over the Years
- 2014: ~1,000 metric tons exported
- 2023: ~5,000 metric tons exported
That’s a solid CAGR of 4.56% over 5 years.
(Source: ReportLinker)
Projections show exports could hit 6,200 metric tons by 2028, with a 5-year CAGR of 3.19%.
Seasonal and Global Pricing Trends
Sunflower oil prices don’t exist in a vacuum. They’re influenced by:
- Global supply shocks — a major driver.
- Geopolitical tensions — especially in the Black Sea region.
- Climate issues — like excessive rain affecting palm oil production.
In Dec 2024, the FAO Vegetable Oil Price Index rose 7.5% MoM, and 32% YoY, due to palm and rapeseed shortages.
(Source: FAO)
In contrast, in June 2024, Black Sea sunflower prices fell 5% in 10 days due to oversupply.
(Source: FastMarkets)
Current Price Range in Thailand (June 2025)
- Retail: $0.47 – $0.79 per kg
- Wholesale: $0.33 – $0.55 per kg
(Source: Selina Wamucii)
Prices are expected to remain elevated in 2025, fluctuating between $1,260–$1,320 per metric ton, with a forecasted rise of 3–5%.
(Source: PromoteProject)
Conclusion – Leveraging Data for Strategic Sourcing
Thailand’s sunflower oil market may not be the biggest, but it’s reliable, growing slowly and steadily. With consistent demand in Asia and the Middle East, stable production, and competitive pricing, Thai suppliers offer solid opportunities for importers and manufacturers.
But here’s the catch — not all suppliers are created equal. That’s where data comes in.
Platforms like Freshdi offer:
- Verified supplier profiles
- Real-time RFQ trends
- Export history
- Buyer reviews
- Market insights
Whether you’re sourcing for retail, hospitality, or industrial use, these tools help you make smarter, safer, and more profitable decisions.
Checklist for Buyers – Sunflower Oil Sourcing from Thailand
✅ Check supplier’s export history
✅ Verify certifications (HACCP, ISO, Halal, etc.)
✅ Compare RFQ trends on Freshdi
✅ Monitor price trends monthly
✅ Engage in long-term contracts for stable pricing
✅ Ask for samples before bulk orders
✅ Choose suppliers with responsive support teams
Future Outlook
Looking ahead:
- Demand is projected to grow steadily through 2029.
- Export capacity will rise modestly, supported by government incentives.
- Global pricing will stay firm due to tight supplies and strong demand.
Thailand’s sunflower oil industry may be small, but it’s mighty — and with the right sourcing strategy, businesses can turn this niche into a profitable advantage.
References
- IndexBox
- Volza
- World Bank WITS
- ReportLinker
- Divercity Times
- FAO
- FastMarkets
- Selina Wamucii
- PromoteProject
FAQs
1. What is the current wholesale price of sunflower oil in Thailand?
As of June 2025, wholesale prices range between $0.33 to $0.55 per kilogram.
2. Which country is the top buyer of Thailand’s sunflower oil?
Myanmar is the largest importer, purchasing over $2.4 million worth in 2023.
3. How do I verify a sunflower oil supplier in Thailand?
Use platforms like Freshdi to access verified supplier data, reviews, and certifications.
4. Is sunflower oil demand growing in Thailand?
Yes. Consumption is projected to reach 27,810 metric tons by 2028, growing at 1.6% CAGR.
5. What are the benefits of sourcing Thai sunflower oil over other countries?
Thai suppliers offer competitive pricing, reliable quality, and are closer to many Asian markets, reducing shipping times and costs.
