What is the price of lard oil per kilogram/pound in Thailand today?
The retail price range for Thailand lard oil is between US$ 2.45 and US$ 5.89 per kilogram or between US$ 1.11 and US$ 2.67 per pound(lb). Click here to see today's exact prices of lard oil in Thailand
The retail price range in Baht for lard oil is between THB 84.20 and THB 202.07 per kilogram or between THB 38.18 and THB 91.64 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2024, the approximate wholesale price range for Thailand lard oil is between US$ 1.72 and US$ 4.12 per kilogram or between US$ 0.78 and US$ 1.87 per pound(lb).
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Thailand Lard Oil Export Prices - Historical, Trends and Prediction
The export price of Lard Oil from Thailand over the last five years has been relatively stable. In 2013, the price per kilogram was 4.00 US dollars, which decreased to 2.67 US dollars in 2014. In 2015, the price increased to 3.00 US dollars, before dropping to 2.00 US dollars in 2016. The price then increased to 2.50 US dollars in 2017 and 2.40 US dollars in 2018. The price then decreased to 2.33 US dollars in 2019, before increasing to 2.50 US dollars in 2020 and decreasing again to 2.25 US dollars in 2021. The most recent data shows that the price per kilogram of Lard Oil from Thailand is 3.50 US dollars in 2022. Based on this data, it is likely that the price of Lard Oil from Thailand will remain relatively stable in the next two years, with an estimated price of 3.25 US dollars in 2023 and 3.50 US dollars in 2024.The lard oil exports from Thailand are categorised as:
- Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared) (HS code 150300)
Thailand Lard Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lard Oil into Thailand over the last five years has been relatively stable. In 2016, the price was 2.00 US dollars per kg, followed by 2.50 US dollars per kg in 2017. In 2018, the price dropped to 2.40 US dollars per kg, and then further decreased to 2.33 US dollars per kg in 2019. In 2020, the price increased to 2.50 US dollars per kg, and then decreased again to 2.25 US dollars per kg in 2021. The most recent data shows that the price has increased to 3.50 US dollars per kg in 2022. Based on the current trend, it is predicted that the import price per kilogram of Lard Oil into Thailand in 2023 will be 2.75 US dollars per kg, and in 2024 it will be 3.00 US dollars per kg.Export values for Thailand lard oil
The total values in export for lard 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 lard oil in other countries across Asia: Kazakhstan lard oil, Kyrgyzstan lard oil, Tajikistan lard oil, Turkmenistan lard oil, Uzbekistan lard oil, China lard oil, Hong Kong lard oil, Macao lard oil, North Korea lard oil & Mongolia lard oil.
Thailand lard oil - Production, Exports, Imports, Seasons and HS Codes
The quantity of lard oil shipped by Thailand in 2020 was 2 metric tons. In 2019 Thailand exported 3 tonnes of lard oil. In 2019 alone, the demand for Thailand lard oil (processed category) has been stable, compared to the year 2018. Between 2017 and 2019 lard oil exports were very few, netting Thailand very little foreign income. Thailand's lard oil exports are grouped as:
- Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared) (HS code 150300)
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Thailand lard oil export values
For the period between the years 2011 and 2020, Thailand sold lard oil valued at US$ 0.
The annual change in the quantity of Thailand's lard oil exports between 2017 and 2019 was stable.
Thailand's portion of the world's total lard oil's exports in 2019 was less than 1%. The country holds number 25 in world exports of lard oil.
Export markets for Thailand lard oil ( in '000$ )
Thailand's best performing export markets for lard oil are Hong Kong, Australia, Japan, Lao (Laos) and Cambodia.
Import/Export Trends
Thailand is a net exporter of lard oil. The annual growth of Thailand lard oil in value between 2015 to 2019 was 31%, per annum, while annual growth in quantity for the same period was 2%, per annum.
Thailand bought 12 tonnes of lard oil in 2019.