World - Soya Beans - Market Analysis, Forecast, Size, Trends and Insights
Soya Bean Market - The U.S. Remains the Global Leader in Soya Bean Exports
The U.S. dominates in the global soya bean trade. In 2014, the U.S. exported 49,553 thousand tonnes of soya beans totaling 23,855 million USD, 11% over the previous year. Its primary trading partner on the global soya bean market was China, where it supplied 61% of its total soya bean exports in value terms, accounting for 36% of China's total imports.
From 2007 to 2014, the U.S. was a net exporter of soya beans. Over this period, exports consistently exceeded imports in value terms. In physical terms this difference was more pronounced, with the lone exception of 2008 when high export price made it less notable.
Brazil and distantly Argentina were among the other main global suppliers of soya beans in 2014. However, the fastest growing exporters from 2007 to 2014 were India (+103% per year) and Uruguay (+34% per year).
In addition to China, the U.S.'s top 4 trading partners were Mexico, Indonesia, Japan and Germany, with a combined 79% share of U.S. soya bean exports. The share of China increased significantly (+20 percentage points), while the share of Japan illustrated negative dynamics (-7 percentage points).
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- soya bean market share
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Source: IndexBox AI Platform
This report provides an in-depth analysis of the global soya bean market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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