subject: Thailand Oilseeds And Products Market Annual Research Report 2012 [print this page] MARKET RESEARCH Thailand Oilseeds and Products Market Annual Research Report 2012
Reference code: IRRMRTHOS06-12
Published On: June2012
www.worldresearchreport.com
Report Highlights
Thailand's imports of U.S. soybeans are forecast to increase from 400,000 MT in 2011/12 to 630,000 MT in 2012/13. The U.S. market share for soybean meal imports was negligible in 2011 but there should be renewed demand of U.S. soybean meal in the Thai market in 2011/12 and 2012/13.
Thailand, which currently has the largest soybean oil crushing capacity in the Southeast Asia, is expected to become a major supplier of soybean oil and soybean meal to other ASEAN economies after ASEAN Economic Community (AEC) is in place in 2015.
This in turn should guarantee Thailand as a promising market for soybean exporters, including the US.
It is estimated that all soy food processors imported between 50,000-60,000 MT of non-GM food grade soybeans to meet demand in 2011 and should continue to grow to 60,000-70,000 MT in 2012.
Thailand's trade policy under the Agreement on Agriculture calls for a tariff rate quota (TRQ) of 10,922 MT and a 20 percent tariff rate and an out-of-quota tariff of 80 percent.
Report Content:
Summary
SECTION I: SITUATION AND OUTLOOK
1.1. Soybeans
1.2. Oil Meal
Soybean Meal
Fish Meal
1.3. Soybean Oil
SECTION II: STATISTICAL TABLES
Table 1: Thailand's Production, Supply & Demand Table for Soybean
Table 2: Farm gate Prices for Soybeans, Mixed Grade
