The soybean oil market indicates steady growth, despite the COVID-19 pandemic cut demand for biofuel. The competitive price of soybean oil, against the price for sunflower and palm oil, combined with the potential growth in demand for biofuels and increasingly robust environmental standards, signal tangible prospects for the further development of the soybean oil market.
While Indonesia, planning to expand production, fights for the EU's recognition of palm oil as a biofuel, Malaysia is faced with an acute shortage of labor due to the outflow of guest workers after the pandemic.
In 2019, after two years of growth, there was significant decline in the EU butter market, when its value decreased...
The revenue of the rapeseed oil market in Asia-Pacific amounted to $19.1B in 2018. In China, which remains the largest rapeseed oil consuming country in Asia-Pacific, the market expanded by an average of +4.3% from 2007-2018.
The revenue of the dairy spread market in the European Union amounted to $645M in 2018, growing by 2.2% against the previous year. Driven by stable demand for dairy spreads in the European Union, the market is expected to start an upward consumption tr
In 2018, approx. 174K tonnes of refined olive oil were imported in the European Union; rising by 8.3% against the previous year. The total import volume increased at an average annual rate of +2.2% over the period from 2007 to 2018. The countries with
The revenue of the margarine and shortening market in Latin America and the Caribbean amounted to $1.8B in 2018, leveling off at the previous year. Driven by increasing demand for margarine and shortening in Latin America and the Caribbean, the market<
The revenue of the soybean oilcake market in the European Union amounted to $10.4B in 2018, going up by 1.8% against...