Czech Republic: Soybean Oil Market 2020

Soybean Oil Market Size in the Czech Republic

The revenue of the soybean oil market in the Czech Republic amounted to $X in 2017, going up by X% against the previous year. Overall, soybean oil consumption continues to indicate a deep curtailment. The pace of growth was the most pronounced in 2008, when market value increased by X% year-to-year. In that year, the soybean oil market reached their peak level of $X. From 2009 to 2017, growth of the soybean oil market stood at a somewhat lower level.

Soybean Oil Production in the Czech Republic

Soybean oil production in the Czech Republic stood at X tons in 2017, stabilizing at the previous year. In general, soybean oil production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. Over the period under review, the soybean oil production attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Soybean Oil Exports in the Czech Republic

In 2017, the amount of soya-bean oil exported from the Czech Republic totaled X tons, jumping by X% against the previous year. In general, soybean oil exports continue to indicate a slight drop. The most prominent rate of growth was recorded in 2017, with an increase of X% year-to-year. The Czech Republic exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, soybean oil exports totaled $X in 2017. In general, soybean oil exports continue to indicate a perceptible decrease. Over the period under review, the soybean oil exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Soybean Oil Exports by Country in the Czech Republic

Argentina represented the main exporting country with an export of around X tons, which reached X% of total exports. Brazil (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by the U.S. (X%), Russia (X%) and the Netherlands (X%). The following exporters - Spain (X tons), Bolivia (X tons), Germany (X tons), Canada (X tons) and Ukraine (X tons) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to soybean oil exports from Argentina stood at -X%. At the same time, Ukraine (+X%), Canada (+X%), Russia (+X%), Spain (+X%), Bolivia (+X%), Germany (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. The Netherlands experienced a relatively flat trend pattern. By contrast, Brazil (-X%) illustrated a downward trend over the same period. While the share of Argentina (X%) and Brazil (X%) increased significantly in terms of the global exports from 2007-2017, the share of Canada (-X%), the U.S. (-X%) and Russia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest soybean oil supplier from the Czech Republic, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by the U.S., with a X% share.

In Argentina, soybean oil exports contracted by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-X% per year) and the U.S. (+X% per year).

Soybean Oil Export Prices by Country in the Czech Republic

In 2017, the soybean oil export price in the Czech Republic amounted to $X per ton, coming up by X% against the previous year. Overall, soybean oil export price continues to indicate a temperate downturn. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. In that year, the export prices for soya-bean oil attained their peak level of $X per ton. From 2012 to 2017, growth of the export prices for soya-bean oil failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Germany ($X per ton) and Spain ($X per ton), while Bolivia ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Argentina (+X% per year), while the other leaders experienced more modest paces of growth.

Soybean Oil Imports in the Czech Republic

In 2017, the amount of soya-bean oil imported into the Czech Republic stood at X tons, growing by X% against the previous year. Overall, soybean oil imports continue to indicate a drastic drop. The pace of growth was the most pronounced in 2011, when imports increased by X% year-to-year. The Czech Republic imports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, soybean oil imports amounted to $X in 2017. In general, soybean oil imports continue to indicate a deep slump. In that year, the soybean oil imports reached their peak level of $X. From 2009 to 2017, growth of the soybean oil imports failed to regain its momentum.

Soybean Oil Imports by Country in the Czech Republic

In 2017, India (X tons), distantly followed by Iran (X tons), Bangladesh (X tons), Algeria (X tons) and China (X tons) were the main importers of soya-bean oil, together creating X% of total imports. The following importers - Venezuela (X tons), Morocco (X tons), Peru (X tons), South Korea (X tons), Colombia (X tons) and Mexico (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest soybean oil markets worldwide were India ($X), Iran ($X) and Bangladesh ($X), with a combined X% share of total imports.

Iran (+X% per year) recorded the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Soybean Oil Import Prices by Country in the Czech Republic

In 2017, the soybean oil import price in the Czech Republic amounted to $X per ton, surging by X% against the previous year. Overall, soybean oil import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when the import prices increased by X% against the previous year. In that year, the import prices for soya-bean oil attained their peak level of $X per ton. From 2009 to 2017, growth of the import prices for soya-bean oil stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Venezuela ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Venezuela (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform