Reference
·Primary source
Thailand soybean and soybean meal imports (2020-2024)
~4.2M tonnes (2024)
Thailand imported approximately 4.2 million tonnes of soybeans (HS 1201) and soybean meal (HS 2304) combined in 2024 per Thai Customs trade data, OAE livestock-sector tracking, and TFMA procurement reports. Brazil, the United States, and Argentina are the dominant origins on the soybean side; India and Argentina lead soybean meal supply. Soybean meal is the workhorse protein concentrate for poultry and swine compound feed, contributing 18-24% protein content versus the ~8-9% baseline from cassava and corn. Import volume tracks closely with Thailand's compound feed output growth and was modestly elevated in 2024 as swine herd reconstitution lifted demand after 2021-2023 ASF rebalancing.
Figure in context
Thailand imported approximately 4.2 million tonnes of soybeans (HS 1201) and soybean meal (HS 2304) combined in 2024 per Thai Customs trade data, OAE livestock-sector tracking, and TFMA procurement reports. Brazil, the United States, and Argentina are the dominant origins on the soybean side; India and Argentina lead soybean meal supply. Soybean meal is the workhorse protein concentrate for poultry and swine compound feed, contributing 18-24% protein content versus the ~8-9% baseline from cassava and corn. Import volume tracks closely with Thailand's compound feed output growth and was modestly elevated in 2024 as swine herd reconstitution lifted demand after 2021-2023 ASF rebalancing.
Interpretation notes
What this tells you
Thailand imported approximately 4.2 million tonnes of soybeans (HS 1201) and soybean meal (HS 2304) combined in 2024 per Thai Customs trade data, OAE livestock-sector tracking, and TFMA procurement reports. Brazil, the United States, and Argentina are the dominant origins on the soybean side; India and Argentina lead soybean meal supply. Soybean meal is the workhorse protein concentrate for poultry and swine compound feed, contributing 18-24% protein content versus the ~8-9% baseline from cassava and corn. Import volume tracks closely with Thailand's compound feed output growth and was modestly elevated in 2024 as swine herd reconstitution lifted demand after 2021-2023 ASF rebalancing.
What not to do with it
Values in million tonnes. Combined HS 1201 (soybean) and HS 2304 (soybean meal) imports.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand animal feed sector revenue (2020-2024)
Thai Feed Mill Association, Office of Agricultural Economics, NESDC industrial accounts, DBD filings
Charoen Pokphand Foods (CPF) Thailand feed market share
Thai Feed Mill Association, CPF SET filings, Betagro SET filings, industry interviews
Thailand feed production mix by livestock segment
Thai Feed Mill Association, Office of Agricultural Economics, Department of Livestock Development
Thailand HS 2309 prepared animal feed exports (2020-2024)
Thai Customs Department, UN Comtrade, Pet Food Trade Association of Thailand, DITP
Thailand feed-grade cassava and corn cost
Office of Agricultural Economics, Thai Feed Mill Association, Bank of Thailand commodity index
ICEA insect protein pilot capacity
Insect Centre of Excellence in Agriculture, Department of Livestock Development, industry interviews
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.