Which Country Imports the Most Soya-bean Oil in the World?
Vegetable And Animal Oils And Fats January 25, 2018
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Global soybean oil imports amounted to X thousand tonnes in 2015, jumping by +X% against the previous year level. Overall, the global soybean oil imports indicated a moderate growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total import volume increased at an average annual rate of +X% over the last eight years.
The growth pace was the most rapid in 2015, when the output figure increased by +X% from the previous year level. In that year, the global soybean oil imports reached its maximum volume, and is likely to continue its growth in the immediate term.
In value terms, global soybean oil imports amounted to $X million in 2015. Overall, the value of global soybean oil imports increased moderately from 2007 to 2015, expanding at an average annual rate of +X%. This trend pattern, however, indicated relatively mild fluctuations throughout the analyzed period.
Top Soybean Oil Importing Countries in the World
X. India (X Tonnes)
X. Bangladesh (X Tonnes)
X. China (X Tonnes)
X. Algeria (X Tonnes)
X. Morocco (X Tonnes)
X. Iran (X Tonnes)
X. Venezuela (X Tonnes)
Soybean Oil Imports By Country
The country with the largest volume of the soybean oil imports in absolute volumes was India (X thousand tonnes), accounting for X% of global imports. It was followed by Bangladesh (X thousand tonnes), with a share of X% of global imports. Moreover, soybean oil imports in India exceeded the figures recorded by the world's second largest importer, Bangladesh (X thousand tonnes), threefold. The third position in this ranking was occupied by China with a share of X%.
From 2007 to 2015, an average annual growth rate of soybean oil imports in India stood at +X%. The remaining importing countries recorded the following average annual growth rates: Bangladesh (+X% per year) and China (-X% per year).
In value terms, the country with the largest volume of imports of soybean oil in absolute volumes was India (X million USD), making up X% of global imports. The second position in the ranking was occupied by Bangladesh (X million USD), with a share of X% of global imports. Moreover, soybean oil imports in India exceeded the figures recorded by the world's second largest importer, Bangladesh (X million USD), threefold. It was followed by China with a share of X%.
From 2007 to 2015, an average annual growth rate of soybean oil imports in India was at +X%. The remaining importing countries experienced the following average annual growth rates: Bangladesh (+X% per year) and China (-X% per year).
Do you want to know more about global soybean oil market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- soybean oil market share
- soybean oil prices
- soybean oil industry
- soybean oil sales
- soybean oil import
- soybean oil export
- soybean oil market forecast
- soybean oil price forecast
- key soybean oil producers
Source: World: Soya-Bean Oil - Market Report. Analysis And Forecast To 2025
FCL 237 - Oil of Soybeans.
This report provides an in-depth analysis of the global soybean oil 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.
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