Bolivia - Refined Soybean Oil And Its Fractions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Soybean Oil Price in Bolivia - 2023
Contents:
- Refined Soybean Oil Price in Bolivia (FOB) - 2023
- Refined Soybean Oil Price in Bolivia (CIF) - 2022
- Refined Soybean Oil Exports in Bolivia
- Refined Soybean Oil Imports in Bolivia
Refined Soybean Oil Price in Bolivia (FOB) - 2023
The average refined soybean oil export price stood at $1,043 per ton in July 2023, approximately mirroring the previous month. Overall, the export price recorded a pronounced contraction. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 20% month-to-month. As a result, the export price attained the peak level of $1,895 per ton. From March 2023 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Chile ($1,403 per ton), while the average price for exports to Colombia ($868 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-2.6%), while the prices for the other major destinations experienced a decline.
Refined Soybean Oil Price in Bolivia (CIF) - 2022
In 2022, the average refined soybean oil import price amounted to $689 per ton, rising by 3% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the maximum at $1,315 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -6.4% per year.
Refined Soybean Oil Exports in Bolivia
For the fourth consecutive year, Bolivia recorded growth in shipments abroad of refined soybean oil and its fractions, which increased by 37% to 99K tons in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 41%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, refined soybean oil exports soared to $152M in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Refined Soybean Oil in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 11.1 | 35.0 | 49.8 | 87.4 | 98.9% |
| Colombia | 16.7 | 14.8 | 21.8 | 39.3 | 33.0% |
| Chile | 4.9 | 6.1 | 11.4 | 22.6 | 66.5% |
| Ecuador | 1.0 | 1.4 | 1.3 | 2.5 | 35.7% |
| Others | 0.1 | 0.3 | 0.5 | 0.6 | 81.7% |
| Total | 33.7 | 57.5 | 84.8 | 152 | 65.2% |
Top Export Markets for Refined Soybean Oil from Bolivia in 2022:
- Peru (54.7K tons)
- Colombia (28.2K tons)
- Chile (14.6K tons)
- Ecuador (1.3K tons)
Refined Soybean Oil Imports in Bolivia
In 2022, overseas purchases of refined soybean oil and its fractions decreased by -74.7% to 663 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 50%. As a result, imports reached the peak of 7.2K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, refined soybean oil imports reduced remarkably to $457K in 2022. Over the period under review, imports showed a precipitous slump. The pace of growth appeared the most rapid in 2020 when imports increased by 25%. As a result, imports reached the peak of $4.9M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Refined Soybean Oil in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 3.9 | 4.9 | 1.8 | 0.5 | -49.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.9 | 4.9 | 1.8 | 0.5 | -49.6% |
Top Suppliers of Refined Soybean Oil to Bolivia in 2022:
- Brazil (663.0 tons)
This report provides an in-depth analysis of the refined soybean oil market in Bolivia. 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 2030.
Product coverage:
- Prodcom 10415100 - Refined soya-bean oil and its fractions (excluding chemically modified)
Country coverage:
- Bolivia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bolivia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the refined soybean oil market in Bolivia.
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This report provides an in-depth analysis of the refined soybean oil market in Bolivia.
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This report provides an in-depth analysis of the soybean oil market in Bolivia.
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This report provides an in-depth analysis of the crude soybean oil market in Bolivia.
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In 2022, soybean oil prices are forecast to rise by nearly 4% to $1,425 per ton, driven by boosting demand for biofuels. In 2021, the average annual soybean oil price skyrocketed, rising 65% y-o-y to $1,385 per ton. India remains the world’s largest soybean oil importer, while Argentina holds the position of the leading global supplier.
1032
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.
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Global soybean oil consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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Global soybean oil exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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Global soybean oil imports amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the countries with the highest levels of production were China (X thousand tons), the United States (X thousand tons), Brazil (X thousand tons), together accounting for X% of total output.
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Argentina leads the way in the global soya-bean oil trade. In 2014, Argentina exported X thousand tons of soya-bean oil totaling X million USD, X% under the previous year. Its primary trading partner was India, where it supplied X% of its t
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1300
In 2022, soybean oil prices are forecast to rise by nearly 4% to $1,425 per ton, driven by boosting demand for biofuels. In 2021, the average annual soybean oil price skyrocketed, rising 65% y-o-y to $1,385 per ton. India remains the world’s largest soybean oil importer, while Argentina holds the position of the leading global supplier.
1032
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.
