Oil palm fruit — Gross Production Value in Thailand

Thailand: Oil palm fruit — Gross Production Value was 2.99 million 1000 USD in 2024. ◆ Volatile

Latest (2024)
2.99 million 1000 USD
Change on year
up 7.5%
World rank
4th
of 28 countries
All-time high
4.18 million 1000 USD
in 2022
All-time low
98,892 1000 USD
in 1991
Years of data
34
1991–2024

Oil palm fruit — Gross Production Value in Thailand, 1991–2024

01.0M2.0M3.0M4.0M1991200720241991: 98.9k 1000 USD1992: 108.9k 1000 USD1993: 132.2k 1000 USD1994: 139.1k 1000 USD1995: 185.5k 1000 USD1996: 209.2k 1000 USD1997: 178.3k 1000 USD1998: 205.6k 1000 USD1999: 199.5k 1000 USD2000: 138.3k 1000 USD2001: 109.7k 1000 USD2002: 214.2k 1000 USD2003: 276.5k 1000 USD2004: 400.7k 1000 USD2005: 343.3k 1000 USD2006: 423.7k 1000 USD2007: 753.4k 1000 USD2008: 1.4M 1000 USD2009: 1.4M 1000 USD2010: 1.7M 1000 USD2011: 2.5M 1000 USD2012: 2.3M 1000 USD2013: 3.1M 1000 USD2014: 2.7M 1000 USD2015: 2.0M 1000 USD2016: 1.8M 1000 USD2017: 1.7M 1000 USD2018: 1.5M 1000 USD2019: 1.4M 1000 USD2020: 2.2M 1000 USD2021: 3.4M 1000 USD2022: 4.2M 1000 USD2023: 2.8M 1000 USD2024: 3.0M 1000 USD

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

The most recent figure for oil palm fruit — gross production value in Thailand is 2.99 million 1000 USD, measured in 2024.

Compared with earlier readings it is up 7.5% on the previous year and up 9.8% over ten years.

Over the whole period, oil palm fruit — gross production value in Thailand peaked at 4.18 million 1000 USD in 2022 and was at its lowest, 98,892 1000 USD, in 1991.

That places Thailand 4th out of 28 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Oil palm fruit — Gross Production Value in Thailand, year by year

Annual values for Oil palm fruit — Gross Production Value (current thousand US$) in Thailand, 1991 to 2024.
Year 1000 USD Change
1991 98,892 1000 USD
1992 108,923 1000 USD +10.1%
1993 132,182 1000 USD +21.4%
1994 139,125 1000 USD +5.3%
1995 185,465 1000 USD +33.3%
1996 209,173 1000 USD +12.8%
1997 178,330 1000 USD -14.7%
1998 205,565 1000 USD +15.3%
1999 199,473 1000 USD -3.0%
2000 138,345 1000 USD -30.6%
2001 109,716 1000 USD -20.7%
2002 214,226 1000 USD +95.3%
2003 276,537 1000 USD +29.1%
2004 400,657 1000 USD +44.9%
2005 343,295 1000 USD -14.3%
2006 423,656 1000 USD +23.4%
2007 753,436 1000 USD +77.8%
2008 1.43 million 1000 USD +89.8%
2009 1.41 million 1000 USD -1.8%
2010 1.73 million 1000 USD +23.2%
2011 2.53 million 1000 USD +46.2%
2012 2.34 million 1000 USD -7.6%
2013 3.11 million 1000 USD +33.1%
2014 2.72 million 1000 USD -12.6%
2015 2.05 million 1000 USD -24.7%
2016 1.75 million 1000 USD -14.6%
2017 1.75 million 1000 USD -0.3%
2018 1.50 million 1000 USD -14.4%
2019 1.37 million 1000 USD -8.1%
2020 2.21 million 1000 USD +61.1%
2021 3.44 million 1000 USD +55.2%
2022 4.18 million 1000 USD +21.7%
2023 2.78 million 1000 USD -33.6%
2024 2.99 million 1000 USD +7.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 161,903 1000 USD 98,892 1000 USD 209,173 1000 USD 9
2000s 549,532 1000 USD 109,716 1000 USD 1.43 million 1000 USD 10
2010s 2.08 million 1000 USD 1.37 million 1000 USD 3.11 million 1000 USD 10
2020s 3.12 million 1000 USD 2.21 million 1000 USD 4.18 million 1000 USD 5

Countries ranked near Thailand

  1. 1 Indonesia 32.26 million 1000 USD compare
  2. 2 Malaysia 19.15 million 1000 USD compare
  3. 3 Colombia 7.76 million 1000 USD compare
  4. 5 Ghana 844,399 1000 USD compare
  5. 6 Ecuador 464,239 1000 USD compare
  6. 7 Cameroon 453,172 1000 USD compare

See the full ranking of 47 places →

More agriculture & rural data for Thailand

All data for Thailand →

Frequently asked questions

What is oil palm fruit — gross production value in Thailand?
Oil palm fruit — gross production value in Thailand was 2.99 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest oil palm fruit — gross production value recorded in Thailand?
The highest recorded value was 4.18 million 1000 USD in 2022.
What is the lowest oil palm fruit — gross production value recorded in Thailand?
The lowest recorded value was 98,892 1000 USD in 1991.
How does Thailand rank for oil palm fruit — gross production value?
Thailand ranks 4th out of 28 countries with data for 2024.
Is oil palm fruit — gross production value rising or falling in Thailand?
Over the last ten years it is up 9.8%. The long-run trend across the full record is volatile.
Where does this Thailand data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Oil palm fruit — Gross Production Value (current thousand US$). Statizoid updates them automatically from the source API.

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Oil palm fruit — Gross Production Value in Thailand. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 24 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-current-thousand-us/thailand/

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About this data

Indicator
Oil palm fruit — Gross Production Value (current thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
47 places, 1,581 data points, 1991–2024
Last refreshed

The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.