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The exports of Crude Soybean Oil peaked in 2023 and are expected to have a gradual growth in the near future. In terms of value, the exports slightly decreased to $97M in 2023.
Explore the top import markets for crude soybean oil in 2023, including key statistics and import values. Learn about the leading countries driving the global soybean oil market.
In November 2023, exports saw a significant growth rate of 64%, with a total value of crude soybean oil exports reaching $46M in January 2024.
Crude Soybean Oil imports reached the highest point and are expected to keep growing in the near future. In terms of value, imports of Crude Soybean Oil surged to $17M in October 2023.
In July 2023, the growth rate of Crude Soybean Oil exports reached its highest point with a month-on-month increase of 89%. The total value of these exports in September 2023 was $1.8M.
Between May 2023 and August 2023, the exports of Crude Soybean Oil experienced a slowdown in growth. The value of these exports significantly declined to $7.5M in August 2023.
In June 2023, the price of Crude Soybean Oil was $854 per ton (CIF, Poland), showing a decline of -2.5% compared to the previous month.
In March 2023, the price of Crude Soybean Oil leveled off at $1,309 per ton (CIF, India), remaining unchanged from the previous month.
In January 2023, the crude soybean oil price amounted to $1,293 per ton (FOB, Turkey), approximately equating the previous month.
In February 2023, the crude soybean oil price amounted to $1,173 per ton (FOB, Brazil), with a decrease of -6.9% against the previous month.
In February 2023 the price for crude soybean oil was $1,309 per ton (CIF, China), a decrease of -1.6% compared to the prior month.
In September 2022, the crude soybean oil price amounted to $1,685 per ton (FOB, Spain), shrinking by -4.4% against the previous month.
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