Soya Bean Market - China Remains The Most Promising Market For Soybeans

Other Non-Perennial Crops August 15, 2016
World - Soya Beans - Market Analysis, Forecast, Size, Trends and Insights

Format: Electronic (PDF) by email (February 21, 2019)

Limited Time Offer




Pricing Plan
By clicking «Buy the Report», you agree to our terms of service and privacy policy. We’ll occasionally send you account related emails.
Abstract
Description
Table of Contents

Photo: © Elena Ermakova / Bigstockphoto

According to a recently published report by IndexBox Marketing, China is the largest consumer on the soya bean market in the world. At the same time, XXX% of China's total consumption in 2015 accounted for imports. In 2016, according to Oil World data, the volume of imports may be reduced in the current year by XXX% for the first time in XXX years, under the pressure of high yields in China and accumulated domestic production inventory. Nevertheless, the dependence on imports of soybeans will remain strong, despite a possible reduction in the share of imports in consumption by XXX percentage points, down to XXX%.

The volume of soybean consumption in China in 2015 amounted to XXX million tons, accounting for XXX% of the world's total consumption, which was equal to XXX million tons. The U.S. took second place in this ranking with a share of XXX%, followed by Argentina (XXX%), Brazil (XXX%), and other countries.

China was the fastest-growing market among the leaders in consumption, with an average annual rate of consumption growth of + XXX% from 2008 to 2015, while the growth rate of global soybean consumption amounted to only +XXX% over the same period. Due to the high rates of consumption, China's share of consumption in the global market has grown from XXX% in 2008 to XXX% in 2015.

The average annual growth rate of soybean consumption in the U.S. amounted to +XXX% from 2008 to 2015, which was significantly below China's level. There also were notable differences between these two leading countries in terms of production figures, imports, and exports. Thus, China imports a significant amount of products (with shipment volume amounting to XXX million tons in 2015), while the United States, on the other hand, exported XXX million tons in 2015.

Thus, the large amount of soybean consumption is common to these countries, but they have differences in the intensity of consumption of the product, and carry a variety of opportunities for both internal and external suppliers. For example, China and other key consumer countries on the soybean market can be assessed from the point of view of market development opportunities, using the following parameters:

• ability of countries to meet domestic demand for soybeans (the share of imports in total consumption);
• the total current demand (consumption on the market);
• prospects for the demand expansion (per capita consumption).

The graph shows the top XXX countries in terms of soybean consumption in 2015 (the volume of the market in the countries is proportional to the size of the circles). The horizontal axis is marked with per capita rate of consumption, with the share of imports shown on the vertical axis. World averages for both indicators divide the graph into XXX quadrants.

First quadrant includes countries that depend on imports, with the share of imports in these countries being higher than the global average of XXX%. At the same time, the average per capita consumption rate of soybeans is below the world's average, which indicates the potential for market growth. China is located in this quadrant, having a rapid average annual growth rate of consumption. It is likely that this trend will continue, but experts note the strengthening in domestic production combined with a decrease in imports in 2016. If imports reduce further while production volume continues to increase along with consumption growth, China could move to the third quadrant, where self-sufficient countries in terms of soybeans consumption are located.

Russia and Mexico are also placed in the first quadrant, as they are dependent on imports, much like China. In 2015, China imported XXX million tons of soybeans, accounting for XXX% of global imports. Mexico is in second place with a XXX% share, while Russia accounts for XXX%. In addition, a number of European countries, namely the Netherlands, Germany, Spain, and Italy, are among the biggest importers. They are not displayed in the graph with quadrants due to their lower volume of consumption, but they have similar characteristics, such as the greater dependence on imports of soybeans at a relatively low per capita consumption.

Due to high shares of imports in total consumption, countries in the first quadrant are of great interest from the standpoint of foreign suppliers of soybeans.

In the case of a simultaneous increase in domestic production and imports, China could move to the second quadrant. This quadrant has great prospects for both importers and domestic suppliers, which is the result of a high demand. At this point, the second quadrant does not have any major consumers of soybeans.

The third quadrant houses the countries for which soybeans are a traditional product to a large extent. These countries have well-developed domestic production, which satisfies the majority of the domestic demand. Their average per capita consumption figures are higher than the global average. These countries include the U.S., Brazil, Argentina, Paraguay, Bolivia, and Ukraine. The countries in the third quadrant are the largest producers and some of the major suppliers of soybeans in the world.

The U.S. is the largest producer of soybeans, accounting for XXX million tons, or XXX% of the world's total volume of production in 2015. Brazil is next in line with a XXX% share, followed by Argentina with XXX%. Together, the countries of the third quadrant account for XXX% of the world's output, and for more than XXX% of global exports.

High volumes of soybean production in the countries of the third quadrant are in many ways the result of high fertility of the areas of cultivation. Thus, the yield of soybeans in the U.S., Brazil, Paraguay, and Argentina is almost double the world average. China is also noticeably lagging in terms of productivity, compared to the high yield values from these countries.

Countries in the third quadrant have low opportunities for foreign suppliers due to their developed soybean production, which satisfies the domestic demand and leaves room for exports.

The third quadrant presents the countries with lagging indices of per capita consumption. The bulk of consumption in this category is provided by domestic production. Countries in this quadrant are interesting because of their prospects in terms of market development, as there is an opportunity for sale of a large volume of products for both the foreign and domestic suppliers. As a result, a country in the fourth quadrant can move either to the first quadrant with the growth of imports, or to the third, if there are favorable conditions for the expansion of domestic production. India, one of the countries in this quadrant, has great potential for market development. However, due to a succession of poor harvests, India is showing a negative trend of consumption (average annual growth rate of -XXX% from 2008 to 2015).

This positioning allows us to describe the current situation of the players in the soybean market as well as to predict their further development. China, the largest global consumer at the moment, is in the quadrant of import-dependent countries. Given its large share of imports, China has minimal chances of moving to the quadrant of "self-sufficient" and export-oriented countries. The trend of substitution of imports in 2016 may be short-lived, having occurred due to the oversupplying of the market.

Do you want to know more about the China soya bean market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • soya bean market share
  • soya bean prices
  • soya bean industry
  • soya bean sales
  • soya bean market forecast
  • soya bean price forecast
  • key soya bean producers

Source: World: Soya Beans - Market Report. Analysis and Forecast to XXX

Product coverage: soya beans.

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.

Country coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.

Data coverage:
• Market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Production, split by region and country;
• Trade (exports and imports);
• Export and import prices;
• Market trends, drivers and restraints;
• Key market players and their profiles.

Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues

1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1 REPORT DESCRIPTION
1.2 RESEARCH METHODOLOGY AND AI PLATFORM
1.3 DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4 GLOSSARY AND SPECIFIC TERMS

2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1 KEY FINDINGS
2.2 MARKET TRENDS

3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1 MARKET SIZE
3.2 CONSUMPTION BY COUNTRY
3.3 MARKET FORECAST TO 2025

4. MOST PROMISING PRODUCTS
Finding New Products to Diversify Your Business
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
4.1 TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2 BEST-SELLING PRODUCTS
4.3 MOST CONSUMED PRODUCT
4.4 MOST TRADED PRODUCT
4.5 MOST PROFITABLE PRODUCT FOR EXPORT

5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
5.1 TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2 TOP PRODUCING COUNTRIES
5.3 COUNTRIES WITH TOP YIELDS
5.4 TOP EXPORTING COUNTRIES
5.5 LOW-COST EXPORTING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
6.1 TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2 TOP CONSUMING MARKETS
6.3 UNSATURATED MARKETS
6.4 TOP IMPORTING MARKETS
6.5 MOST PROFITABLE MARKETS

7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
7.1 PRODUCTION VOLUME AND VALUE
7.2 PRODUCTION BY COUNTRY
7.3 HARVESTED AREA AND YIELD BY COUNTRY

8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
8.1 IMPORTS FROM 2007–2017
8.2 IMPORTS BY COUNTRY
8.3 IMPORT PRICES BY COUNTRY

9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
9.1 EXPORTS FROM 2007–2017
9.2 EXPORTS BY COUNTRY
9.3 EXPORT PRICES BY COUNTRY

10. PRICES AND PRICE DEVELOPMENT
The Best Market Prices and Their Trend Patterns
10.1 PRODUCER PRICES
10.2 PRODUCER PRICES INDEX

11. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION

12. COUNTRY PROFILES
The Largest Markets And Their Profiles
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam

LIST OF TABLES
Table 1: Key Findings In 2017
Table 2: Market Volume, In Physical Terms, 2007–2017
Table 3: Market Value, 2007–2017
Table 4: Per Capita Consumption, By Country, 2015-2017
Table 5: Production, In Physical Terms, By Country, 2007–2017
Table 6: Harvested Area, By Country, 2007-2017
Table 7: Yield, By Country, 2007-2017
Table 8: Imports, In Physical Terms, By Country, 2007–2017
Table 9: Imports, In Value Terms, By Country, 2007–2017
Table 10: Import Prices, By Country Of Destination, 2007–2017
Table 11: Exports, In Physical Terms, By Country, 2007–2017
Table 12: Exports, In Value Terms, By Country, 2007–2017
Table 13: Export Prices, By Country Of Origin, 2007–2017
Table 14: Producer Prices, By Major Producing Country, 2017
Table 15: Producer Prices Index - Annual Data (2004-2006 = 100), By Major Producing Country

LIST OF FIGURES
Figure 1: Market Volume, In Physical Terms, 2007–2017
Figure 2: Market Value, 2007–2017
Figure 3: Consumption, By Country, 2017
Figure 4: Market Forecast To 2025
Figure 5: Products: Market Size And Growth, By Type
Figure 6: Products: Average Per Capita Consumption, By Type
Figure 7: Products: Exports And Growth, By Type
Figure 8: Products: Export Prices And Growth, By Type
Figure 9: Production Volume And Growth
Figure 10: Yield And Growth
Figure 11: Exports And Growth
Figure 12: Export Prices And Growth
Figure 13: Market Size And Growth
Figure 14: Per Capita Consumption
Figure 15: Imports And Growth
Figure 16: Import Prices
Figure 17: Production, In Physical Terms, 2007–2017
Figure 18: Production, In Value Terms, 2007–2017
Figure 19: Area Harvested, 2007–2017
Figure 20: Yield, 2007–2017
Figure 21: Production, By Country, 2017
Figure 22: Production, In Physical Terms, By Country, 2007–2017
Figure 23: Harvested Area, By Country, 2017
Figure 24: Harvested Area, By Country, 2007-2017
Figure 25: Yield, By Country, 2007-2017
Figure 26: Imports, In Physical Terms, 2007–2017
Figure 27: Imports, In Value Terms, 2007–2017
Figure 28: Imports, In Physical Terms, By Country, 2017
Figure 29: Imports, In Physical Terms, By Country, 2007–2017
Figure 30: Imports, In Value Terms, By Country, 2007–2017
Figure 31: Import Prices, By Country, 2007–2017
Figure 32: Exports, In Physical Terms, 2007–2017
Figure 33: Exports, In Value Terms, 2007–2017
Figure 34: Exports, In Physical Terms, By Country, 2017
Figure 35: Exports, In Physical Terms, By Country, 2007–2017
Figure 36: Exports, In Value Terms, By Country, 2007–2017
Figure 37: Export Prices, 2007–2017