Browse Data and Analysis

Marketing Year (MY) 2022/23 soybean imports are expected to increase 5 percent from a slow import growth in MY2021/22, driven by the recovery in hotel and food service sector. Palm oil production in MY2021/22 and MY2022/23 is expected to continue the upward trend.

The gradual economic recovery from the COVID-19 pandemic is expected to continue to drive up import demand for soybeans in MY2020/21 and MY2021/22

The emergence of COVID-19 across the globe, including Thailand, is expected to negatively impact demand from both feed and food industries for most of 2020, leading to a reduction in consumption...

Thailand’s imports of soybeans and soybean meal will be limited due to feed demand growth of only 1 to 2 percent in MY2018/19 and MY2019/20.

Slow feed demand growth will limit Thailand’s imports of soybean meal in MY2017/18 and MY2018/19, but have less impact on Thai imports of soybeans.

Growing feed demand driven by expanding livestock and poultry sectors is expected to generate increased import demand for soybeans in MY2017/18 and soybean meal in MY2016/17 and 2017/18.

Soybean and soybean meal imports are expected to increase in MY2016/17 to 5.5 million metric tons. The U.S. holds about a 20-22 percent share of the market.

Soybean and soybean meal imports are expected to increase in MY2014/15 and MY2015/16.