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Australia and Oceania - Crude Soybean Oil - Market Analysis, Forecast, Size, Trends And Insights
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Australia and Oceania: Crude Soybean Oil Market Overview 2021

Crude Soybean Oil Market Size in Australia and Oceania

In 2019, the crude soybean oil market in Australia and Oceania decreased by -X% to $X, falling for the third consecutive year after two years of growth. In general, consumption, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2019, consumption remained at a lower figure.

Crude Soybean Oil Production in Australia and Oceania

In value terms, crude soybean oil production shrank to $X in 2019 estimated in export prices. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. The level of production peaked at $X in 2016; however, from 2017 to 2019, production stood at a somewhat lower figure.

Production By Country in Australia and Oceania

Australia (X tonnes) constituted the country with the largest volume of crude soybean oil production, accounting for X% of total volume. Moreover, crude soybean oil production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tonnes), fivefold.

From 2007 to 2019, the average annual growth rate of volume in Australia totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: New Zealand (+X% per year) and Papua New Guinea (+X% per year).

Crude Soybean Oil Exports

Exports in Australia and Oceania

In 2019, shipments abroad of crude soybean oil increased by X% to X tonnes, rising for the fourth consecutive year after two years of decline. In general, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. The volume of export peaked at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, crude soybean oil exports totaled $X in 2019. Over the period under review, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Australia represented the main exporter of crude soybean oil in Australia and Oceania, with the volume of exports recording X tonnes, which was approx. X% of total exports in 2019. New Zealand (X tonnes) occupied the second position in the ranking, distantly followed by Fiji (X tonnes). All these countries together occupied near X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by New Zealand, while exports for the other leaders experienced a decline in the exports figures.

In value terms, Australia ($X), New Zealand ($X) and Fiji ($X) appeared to be the countries with the highest levels of exports in 2019.

New Zealand recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The crude soybean oil export price in Australia and Oceania stood at $X per tonne in 2019, with a decrease of -X% against the previous year. Over the period under review, the export price continues to indicate a slight slump. The growth pace was the most rapid in 2008 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2016; however, from 2017 to 2019, export prices failed to regain the momentum.

Average prices varied somewhat amongst the major exporting countries. In 2019, the country with the highest price was Fiji ($X per tonne), while Australia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Fiji, while the other leaders experienced mixed trends in the export price figures.

Crude Soybean Oil Imports

Imports in Australia and Oceania

Crude soybean oil imports rose remarkably to X tonnes in 2019, with an increase of X% on 2018 figures. In general, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. The volume of import peaked at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, crude soybean oil imports rose rapidly to $X in 2019. Over the period under review, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2013 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, Australia (X tonnes) was the major importer of crude soybean oil, constituting X% of total imports. Fiji (X tonnes) occupied the second position in the ranking, followed by New Zealand (X tonnes). All these countries together occupied approx. X% share of total imports. Micronesia (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to crude soybean oil imports into Australia stood at -X%. At the same time, Fiji (+X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +X% from 2007-2019. By contrast, Micronesia (-X%) and New Zealand (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Fiji increased by +X% percentage points, while Australia (-X p.p.) and New Zealand (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported crude soybean oil in Australia and Oceania, comprising X% of total imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports. It was followed by Fiji, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Australia totaled -X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-X% per year) and Fiji (+X% per year).

Import Prices by Country

In 2019, the crude soybean oil import price in Australia and Oceania amounted to $X per tonne, increasing by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the import price increased by X% year-to-year. The level of import peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Micronesia ($X per tonne), while Australia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Micronesia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude soybean oil in Australia and Oceania?
+
The country with the largest volume of crude soybean oil consumption was Australia (183K tonnes), comprising approx. 75% of total volume. Moreover, crude soybean oil consumption in Australia exceeded the figures recorded by the second-largest consumer, New Zealand (39K tonnes), fivefold.
What are the largest producers of crude soybean oil in Australia and Oceania?
+
Australia (180K tonnes) constituted the country with the largest volume of crude soybean oil production, accounting for 75% of total volume. Moreover, crude soybean oil production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (38K tonnes), fivefold.
What are the leading exporters of crude soybean oil in Australia and Oceania?
+
In value terms, the largest crude soybean oil supplying countries in Australia and Oceania were Australia ($135K), New Zealand ($89K) and Fiji ($56K).
What are the leading importers of crude soybean oil in Australia and Oceania?
+
In value terms, Australia ($3.3M) constitutes the largest market for imported crude soybean oil in Australia and Oceania, comprising 64% of total imports. The second position in the ranking was occupied by New Zealand ($767K), with a 15% share of total imports. It was followed by Fiji, with a 14% share.
What is the average export price for crude soybean oil in Australia and Oceania?
+
In 2019, the crude soybean oil export price in Australia and Oceania amounted to $680 per tonne, with a decrease of -25.2% against the previous year.
What is the average import price for crude soybean oil in Australia and Oceania?
+
In 2019, the crude soybean oil import price in Australia and Oceania amounted to $924 per tonne, increasing by 5% against the previous year.

Product coverage:
• Prodcom 10412100 - Crude soya-bean oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the crude soybean oil market in Australia and Oceania. 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:
• American Samoa
• Cook Islands
• Fiji
• French Polynesia
• Guam
• Kiribati
• Marshall Islands
• Micronesia (Federated States of)
• Nauru
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Australia and Oceania, split by region and country
• Trade (exports and imports) in Australia and Oceania
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Australia
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Marshall Islands
• Micronesia (Federated States of)
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• American Samoa
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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