World - Soybean Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

World - Soybean Oil - Market Analysis, Forecast, Size, Trends and Insights

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Soybean Oil Wholesale Price

Soybean oil is a widely consumed and highly versatile vegetable oil that is extracted from soybeans. It is used as a cooking oil, in various food products, as a feedstock for biodiesel production, and in the manufacturing of various industrial products. The wholesale price of soybean oil can vary depending on several factors such as supply and demand dynamics, production costs, market conditions, and global trade policies.

One of the key factors influencing the wholesale price of soybean oil is the global production and supply of soybeans. The major soybean-producing countries include the United States, Brazil, Argentina, China, and India. Any fluctuations or disruptions in the supply of soybeans can impact the price of soybean oil. For example, adverse weather conditions or pest infestations can lead to lower soybean yields, resulting in higher prices.

Another important factor is the demand for soybean oil, both domestically and internationally. Soybean oil is widely used in the food industry for frying, baking, and as an ingredient in various processed foods. The demand for soybean oil is also influenced by changing consumer preferences for healthier oils and increased awareness about the health benefits of soybean oil.

The price of soybean oil is also influenced by the cost of production, which includes factors such as seed prices, labor costs, transportation costs, and processing costs. Any changes in these input costs can impact the wholesale price of soybean oil. Additionally, fluctuations in energy prices, particularly crude oil prices, can also influence the production costs of soybean oil as it is commonly used as a feedstock for biodiesel production.

Market conditions and global trade policies also play a significant role in determining the wholesale price of soybean oil. Trade barriers, tariffs, and import/export regulations imposed by different countries can impact the flow of soybean oil in the global market and influence its price. For example, changes in tariffs or trade agreements between major soybean-producing countries can affect the price of soybean oil.

It is important to note that the wholesale price of soybean oil can vary based on different market players and their purchasing power. Large buyers or retailers may negotiate better prices with suppliers and wholesalers compared to smaller players in the market.

Overall, the wholesale price of soybean oil is determined by a complex interplay of factors including global supply and demand dynamics, production costs, market conditions, and trade policies. Monitoring these factors is crucial for businesses in the soybean oil industry to make informed decisions and efficiently manage their operations.

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 2030.

Product coverage:

  • FCL 237 - Oil of Soybeans

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
Store
Blog
Event
Soybean Oil Prices to Gain 4% in 2022 Due to Boosting Demand for Biofuels
Jan 11, 2022
Eye 1293

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. 

The Global Soybean Oil Market Continues to Grow Despite Languishing Demand for Biodiesel During the Pandemic
Apr 12, 2021
Eye 1024

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. 

Which Country Consumes the Most Soya-bean Oil in the World?
Feb 9, 2018
Eye 2185

Global soybean oil consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.

Which Country Exports the Most Soya-bean Oil in the World?
Feb 1, 2018
Eye 3590

Global soybean oil exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.

Which Country Imports the Most Soya-bean Oil in the World?
Jan 25, 2018
Eye 3574

Global soybean oil imports amounted to X thousand tons in 2015, jumping by +X% against the previous year level.

Which Country Produces the Most Soybean Oil in the World?
Nov 21, 2017
Eye 4142

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.

Soybean Oil Market - Argentina is the Largest Global Soya-Bean Oil Exporter despite 15% Drop in 2014
Oct 1, 2015
Eye 2595

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

World's Best Import Markets for Crude Soybean Oil
Mar 7, 2024
Eye 148

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.

Free Data: Soya-Bean Oil - World