What is the price of canola oil per kilogram/pound in Thailand today?
The retail price range for Thailand canola oil is between US$ 2.39 and US$ 3.35 per kilogram or between US$ 1.08 and US$ 1.52 per pound(lb). Click here to see today's exact prices of canola oil in Thailand
The retail price range in Baht for canola oil is between THB 82.06 and THB 114.89 per kilogram or between THB 37.22 and THB 52.10 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2025, the approximate wholesale price range for Thailand canola oil is between US$ 1.67 and US$ 2.34 per kilogram or between US$ 0.76 and US$ 1.06 per pound(lb).
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Thailand Canola Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Canola Oil from Thailand over the last five years has seen a steady increase. In 2017, the price was 0.95 US $ per kg, followed by 0.82 US $ per kg in 2018. In 2019, the price dropped to 0.63 US $ per kg, before rising again to 0.97 US $ per kg in 2020. The highest price was recorded in 2021, at 1.25 US $ per kg, and the most recent price in 2022 was 1.68 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Canola Oil from Thailand in 2023 will be around 2.11 US $ per kg, and in 2024 it will be around 2.54 US $ per kg.The canola oil exports from Thailand are categorised as:
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
Thailand Canola Oil Import Prices - Historical, Trends and Prediction
The import price of Canola Oil into Thailand over the last five years has been quite volatile. In 2017, the price per kilogram was 0.95 US dollars, which was the highest in the five year period. This was followed by a decrease in 2018 to 0.82 US dollars, and then a further decrease in 2019 to 0.63 US dollars. In 2020, the price per kilogram increased to 0.97 US dollars, and then again in 2021 to 1.25 US dollars. The highest price in the five year period was recorded in 2022, at 1.68 US dollars per kilogram. Looking ahead, it is likely that the import price of Canola Oil into Thailand will remain volatile. We predict that the price per kilogram in 2023 will be around 1.50 US dollars, and in 2024 it will be around 1.75 US dollars.Export values for Thailand canola oil
The total values in export for canola 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 canola oil in other countries across Asia: Kazakhstan canola oil, Kyrgyzstan canola oil, Tajikistan canola oil, Turkmenistan canola oil, Uzbekistan canola oil, China canola oil, Hong Kong canola oil, Macao canola oil, North Korea canola oil & Mongolia canola oil.
Thailand canola oil - Production, Exports, Imports, Seasons and HS Codes
The volume of canola oil shipped by Thailand in 2020 was 503 metric tons. In 2019 Thailand shipped 202 tonnes of canola oil. For 2019 alone, the demand for Thailand canola oil (processed category) has been steady, compared to the year 2018. For the period between 2017 and 2019 the exports of canola oil were minimal, netting Thailand very little foreign income. Thailand's canola oil exports are grouped as:
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
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Thailand canola oil export values
Between 2011 and 2020, Thailand exported canola oil worth a total of US$ 0.
The annual/yearly variation in the quantity of Thailand's canola oil exports between 2017 and 2019 remained constant.
Thailand's share of the world's total canola oil's exports in 2019 was less than 1%. Thailand holds number 24 in world exports of canola oil.
Export markets for Thailand canola oil ( in '000$ )
Thailand's leading destinations for canola oil are South Korea, Myanmar, Austria, Malaysia and France.
Import/Export Trends
Thailand is a net importer of canola oil. The annual growth of Thailand canola oil in value between 2015 to 2019 was -25%, per annum, while annual growth in quantity was -24%, per annum.
Thailand ordered 2,912 tonnes of canola oil in 2019.