Market research

Palm nuts and kernels market in Thailand

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Between 2018 and 2023, Thailand's palm nuts and kernels market volume increased from 15 524 thousand metric tons to 18 267 thousand metric tons. The market experienced steady growth in 2019 and 2021, followed by a significant rise in 2022, while slight contractions occurred in 2020 and 2023.

In 2024, the industry saw expansion of cultivated area, which supported supply growth for palm nuts and kernels. Demand from the food, oleochemical, and biodiesel sectors continued to drive the palm oil market, with leading private companies like PEC playing a key role in exports and market development.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Thailand
  1. 5.1.1. Annual dynamics of production in Thailand in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Thailand in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Thailand in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Thailand by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Thailand in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Thailand by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Thailand, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Thailand by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Thailand in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Thailand by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Thailand in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Thailand by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Thailand, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Thailand by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Thailand in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Thailand by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Thailand in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Thailand by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Thailand, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Thailand by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Thailand in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Thailand by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Thailand in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Thailand by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Thailand, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Thailand by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production palm nuts and kernels in Thailand

In kind, 2017-2020, K t

From 2017 to 2020, Thailand ranked as the world's third-largest producer of palm nuts and kernels.

Top producers of palm nuts and kernels, 2017-2020

Source: SHEV.io

World map of production of palm nuts and kernels, 2017-2020

Source: SHEV.io

After increasing for two consecutive years, palm nuts and kernels production in Thailand experienced a decline. In 2020, Thailand produced 16 222 thousand tonnes of palm nuts and kernels, marking a slight decrease of 1.1% compared to the previous year. Over the 2017-2020 period, overall production grew by 12.2%, with an average annual growth rate of 3.9%. The highest production level was recorded in 2019 at 16 408 thousand tonnes, while the most significant year-on-year increase occurred in 2018, with a rise of 7.5%.

Annual dynamics of production in Thailand in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.5%	5.6%	(1.1%)	3.9%

Source: SHEV.io

Exports palm nuts and kernels from Thailand

Exports in kind, t

The data shows irregular fluctuations, pointing to a volatile market environment. Exports reached their lowest point in 2019 at just 5 tonnes, before surging to a peak of 20 754 tonnes in 2018—a staggering 4 107-fold difference between these two years. In 2020, Thailand's palm nuts and kernels exports amounted to 7 568 tonnes, representing an extraordinary increase of 149,681.8% compared to 2019. The sharpest decline was observed in 2019, with a drop of 100.0%.

Annual dynamics of product's exports from Thailand in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	198.5%	(100.0%)	149 681.8%	2.9%

Source: SHEV.io

Throughout the 2017-2020 period, Malaysia was the nearly exclusive buyer of palm nuts and kernels from Thailand, accounting for 99.0% of total exports by volume.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Thailand in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Market performance showed noticeable fluctuations during this period. Export values hit their lowest point in 2019 at 133 thousand US dollars, then climbed to a peak of 10 870 thousand US dollars in 2018—an 81-fold difference between these years. In 2020, palm nuts and kernels exports from Thailand reached 3 086 thousand US dollars, which is 2,212.4% higher than the previous year. The most significant decline occurred in 2019, with a decrease of 98.8%.

Annual dynamics of product's exports from Thailand in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	116.8%	(98.8%)	2 212.4%	(14.9%)

Source: SHEV.io

From 2017 to 2020, Malaysia played the leading role in Thailand's palm nuts and kernels exports by value, capturing 84.7% of total flows, while the remaining share was distributed among other trading partners.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Thailand in value, 2017-2020

Source: SHEV.io

Imports palm nuts and kernels to Thailand

Imports in kind, t

The market displayed an unstable trend throughout the observed timeframe. Imports fell to their lowest point in 2019 at 0.0 tonnes, before jumping to a high of 18 020 tonnes in 2020—a dramatic 600,651-fold variation. In 2020, Thailand imported 18 020 tonnes of palm nuts and kernels, reflecting an abrupt surge of 60,064,990.0% from the previous year. The largest decline was recorded in 2019, with a drop of 100.0%.

Annual dynamics of product's imports to Thailand in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	29.3%	(100.0%)	60 064 990.0%	33.6%

Source: SHEV.io

Between 2017 and 2020, palm nuts and kernels imports to Thailand were supplied almost exclusively by Myanmar, which accounted for 97.5% of total imports by volume.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Thailand in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The market exhibited signs of volatility over the observed period. Import values dropped to a low of 6 thousand US dollars in 2019, then rose to a high of 1 898 thousand US dollars in 2020—a 321-fold variation. In 2020, Thailand's palm nuts and kernels imports totaled 1 898 thousand US dollars, amounting to a steep increase of 31,972.5% compared to the previous year. The most significant decline was seen in 2019, with a decrease of 99.2%.

Annual dynamics of product's imports to Thailand in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.9%	(99.2%)	31 972.5%	36.3%

Source: SHEV.io

From 2017 to 2020, Myanmar and Malaysia formed a dominant pair of markets for Thailand's palm nuts and kernels imports by value, jointly accounting for 85.0% of total flows, with other countries representing the remaining share.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Thailand in value, 2017-2020

Source: SHEV.io