• How sustainable is Thailand’s palm oil industry?
  • In Thailand¡¯s palm oil industry, characterised by its significant reliance on smallholder farmers, sustainability is both a challenge and an imperative. Recognising the pivotal role of smallholders and striving to elevate their practices towards sustainability, the RSPO Independent Smallholder (ISH) Standard was introduced i n 2019.
  • Is Thailand a viable market for palm oil technology companies?
  • Thailand, currently ranked #3 in the world for CPO is a potential and viable market for palm oil technology companies as the industry is currently honing new palm oil technologies and equipment to help spur its production further!
  • How does palm oil contribute to Thailand’s Economic Development?
  • Economic Empowerment: The palm oil sector significantly contributes to Thailand¡¯s economic development, providing livelihoods for approximately 400,000 farm households across the nation.
  • Which countries export palm oil?
  • At the top of the ranking, the Indonesian and Malaysian palm oil industries are the main exporters to global markets; but with Thailand¡¯s economy on the path to recovery, particularly in the tourism and restaurant industry, the demand for palm oil is expected to increase.
  • How does Thailand affect palm oil prices?
  • While Thailand ranks third in global palm oil production, the country¡¯s influence on global prices is modest.
  • Why is palm oil the least expensive vegetable oil?
  • When compared to other oil crops, including rapeseed, sunflower, and olive, palm oil gives substantially higher yields, making it the least expensive vegetable oil to manufacture. Due to the low manufacturing costs, palm oil is the most produced vegetable oil in the country.