Which Countries Produce the Most Soya Beans?

Other Non-Perennial Crops February 27, 2017
Author: Anna Sergeeva
Market Analyst

soya bean market

Photo: © simazoran / Bigstockphoto

Global production on the soya bean market was roller-coast over the period under review, rising with an annual growth rates at +3.9%. The most significant setback occurred in 2012 by 8% Y-o-Y, and in the next two years production volume surged and reached the highest level. In 2015, production leveled off to 303 million tonnes.

From 2008 to 2015, according to market research conducted by IndexBox, area harvested of soya beans showed growth, expanding from 96 million Ha to 118 million Ha, with a CAGR of +2.9%. Yield fluctuated slightly over the last seven years, but ultimately showed a positive trend with an average annual increase of +1.3%.

The countries with the largest production of soya beans in absolute volumes were the U.S. (108 million tonnes), Brazil (87 million tonnes), Argentina (49 million tonnes) and China (12 million tonnes).

The most notable growth rate in soya bean production among the main producing countries from 2008 to 2015 was attained by Brazil (+5.4% per year), while the other global leaders (the U.S. and Argentina) experienced more modest paces of growth. Moreover, China showed negative growth rates (-4.0%). 38% of the increase in global soya beans production between 2008 and 2015 was attained by the U.S., against 4% of the increase attributed to Argentina.

Top 10 countries producing the most soya beans in 2015

Do you want to know more about the global 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 2025