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Canada - Soybean Oilcake - Market Analysis, Forecast, Size, Trends And Insights
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Canada: Soybean Oilcake Market Overview 2021

Soybean Oilcake Market Size in Canada

The Canadian soybean oilcake market expanded significantly to $X in 2020, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Soybean Oilcake Production in Canada

In value terms, soybean oilcake production expanded slightly to $X in 2020 estimated in export prices. In general, production recorded a strong expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2020, production remained at a lower figure.

Soybean Oilcake Exports

Exports from Canada

Soybean oilcake exports from Canada shrank notably to X tonnes in 2020, waning by -X% against 2019 figures. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, soybean oilcake exports expanded markedly to $X in 2020. In general, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Ireland (X tonnes) and the UK (X tonnes) were the main destinations of soybean oilcake exports from Canada, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland.

In value terms, the largest markets for soybean oilcake exported from Canada were Ireland ($X) and the UK ($X), together comprising X% of total exports.

Ireland saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average soybean oilcake export price stood at $X per tonne in 2020, growing by X% against the previous year. In general, the export price continues to indicate prominent growth. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2020, the country with the highest price was Ireland ($X per tonne), while the average price for exports to the UK stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ireland.

Soybean Oilcake Imports

Imports into Canada

In 2020, approx. X tonnes of soybean oilcake were imported into Canada; picking up by X% on 2019. Over the period under review, imports, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, soybean oilcake imports soared to $X in 2020. In general, total imports indicated slight growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X tonnes) was the main soybean oilcake supplier to Canada, accounting for a X% share of total imports. Moreover, soybean oilcake imports from the U.S. exceeded the figures recorded by the second-largest supplier, India (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from the U.S. stood at -X%.

In value terms, the U.S. ($X) constituted the largest supplier of soybean oilcake to Canada, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from the U.S. amounted to +X%.

Import Prices by Country

In 2020, the average soybean oilcake import price amounted to $X per tonne, growing by X% against the previous year. In general, import price indicated notable growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, soybean oilcake import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was India ($X per tonne), while the price for the U.S. stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soybean oilcake in the world?
+
China (37M tonnes) constituted the country with the largest volume of soybean oilcake consumption, accounting for 15% of total volume. Moreover, soybean oilcake consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (17M tonnes), twofold. India (15M tonnes) ranked third in terms of total consumption with a 6% share.
What are the largest producers of soybean oilcake in the world?
+
The countries with the highest volumes of soybean oilcake production in 2020 were China (38M tonnes), the U.S. (26M tonnes) and Argentina (25M tonnes), with a combined 38% share of global production. India, Brazil, Pakistan, Russia, Germany, Nigeria, Japan, Bangladesh and Ethiopia lagged somewhat behind, together accounting for a further 32%.
What are the leading suppliers of soybean oilcake to Canada?
+
In value terms, the U.S. ($381M) constituted the largest supplier of soybean oilcake to Canada, comprising 90% of total imports. The second position in the ranking was occupied by India ($37M), with a 8.7% share of total imports.
What are the leading importers of soybean oilcake from Canada?
+
In value terms, the largest markets for soybean oilcake exported from Canada were Ireland ($24M) and the UK ($14M), together comprising 30% of total exports.
What is the average export price for soybean oilcake in Canada?
+
In 2020, the average soybean oilcake export price amounted to $1,164 per tonne, surging by 198% against the previous year.
What is the average import price for soybean oilcake in Canada?
+
In 2020, the average soybean oilcake import price amounted to $371 per tonne, rising by 4.8% against the previous year.

Product coverage:
• Prodcom 10414130 - Oilcake and other solid residues resulting from the extraction of soya-bean oil

This report provides an in-depth analysis of the soybean oilcake market in Canada. 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:
• Canada

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Canada
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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