Report Northern America - Soya Beans - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Northern America - Soya Beans - Market Analysis, Forecast, Size, Trends and Insights
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Northern America: Soya Bean Market 2022

Soya Bean Market Size in Northern America

The North American soya bean market reduced dramatically to $X in 2021, waning by -X% against the previous year. In general, consumption, however, saw a resilient expansion. As a result, consumption attained the peak level of $X, and then dropped significantly in the following year.

Soya Bean Production in Northern America

In value terms, soya bean production contracted markedly to $X in 2021 estimated in export prices. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X, and then contracted significantly in the following year.

The country with the largest volume of soya bean production was the United States (X tonnes), comprising approx. X% of total volume. Moreover, soya bean production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tonnes), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume in the United States stood at +X%.

The average soya bean yield fell to X tonnes per ha in 2021, waning by -X% compared with the previous year. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, the soya bean yield reached the peak level at X tonnes per ha in 2016; however, from 2017 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the soya bean harvested area in Northern America amounted to X ha, picking up by X% on the previous year's figure. The harvested area increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. As a result, the harvested area reached the peak level of X ha. From 2018 to 2021, the growth of the soya bean harvested area remained at a lower figure.

Production By Country in Northern America

The United States (X tonnes) constituted the country with the largest volume of soya bean production, accounting for X% of total volume. Moreover, soya bean production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tonnes), more than tenfold.

In the United States, soya bean production increased at an average annual rate of +X% over the period from 2012-2021.

Soya Bean Exports

Exports in Northern America

Soya bean exports reached X tonnes in 2021, increasing by X% on the year before. Overall, exports, however, showed a abrupt descent. The growth pace was the most rapid in 2015 when exports increased by X% year-to-year. The volume of export peaked at X tonnes in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, soya bean exports rose notably to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by X% y-o-y. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

The United States was the key exporter of soya beans in Northern America, with the volume of exports accounting for X tonnes, which was near X% of total exports in 2021. It was distantly followed by Canada (X tonnes), comprising a X% share of total exports.

Exports from the United States decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +X% from 2012-2021. Canada (+X p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest soya bean supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with an X% share of total exports.

In the United States, soya bean exports increased at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

In 2021, the soya bean export price in Northern America amounted to $X per tonne, almost unchanged from the previous year. In general, the export price, however, saw prominent growth. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per tonne, leveling off in the following year.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per tonne), while Canada totaled $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%).

Soya Bean Imports

Imports in Northern America

In 2021, purchases abroad of soya beans was finally on the rise to reach X tonnes after three years of decline. In general, imports continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. The volume of import peaked at X tonnes in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, soya bean imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a pronounced increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of soya bean imports in 2021 were the United States (X tonnes) and Canada (X tonnes), together reaching X% of total import.

From 2012 to 2021, the biggest increases were in Canada (+X value terms, the United States ($X) and Canada ($X) constituted the countries with the highest levels of imports in 2021.

Among the main importing countries, Canada, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2021, the soya bean import price in Northern America amounted to $X per tonne, with an increase of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per tonne), while Canada stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%).

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for soya beans in Northern America?
+
The country with the largest volume of soya bean consumption was the United States, accounting for 98% of total volume. It was followed by Canada, with a 2.4% share of total consumption.
What are the largest producers of soya beans in Northern America?
+
The United States constituted the country with the largest volume of soya bean production, comprising approx. 94% of total volume. Moreover, soya bean production in the United States exceeded the figures recorded by the second-largest producer, Canada, more than tenfold.
What are the leading exporters of soya beans in Northern America?
+
In value terms, the United States remains the largest soya bean supplier in Northern America, comprising 92% of total exports. The second position in the ranking was occupied by Canada, with an 8% share of total exports.
What are the leading importers of soya beans in Northern America?
+
In value terms, the United States and Canada appeared to be the countries with the highest levels of imports in 2021.
What is the average export price for soya beans in Northern America?
+
The soya bean export price in Northern America stood at $2,169 per tonne in 2021, leveling off at the previous year.
What is the average import price for soya beans in Northern America?
+
The soya bean import price in Northern America stood at $618 per tonne in 2021, jumping by 15% against the previous year.

This report provides an in-depth analysis of the soya bean market in Northern America. 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 236 - Soybeans
Country coverage:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

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

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2021
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 2007–2021
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

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• United States
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Harvested Area, By Country, 2007–2021
Table 7:
Yield, By Country, 2007–2021
Table 8:
Imports, In Physical Terms, By Country, 2007–2021
Table 9:
Imports, In Value Terms, By Country, 2007–2021
Table 10:
Import Prices, By Country Of Destination, 2007–2021
Table 11:
Exports, In Physical Terms, By Country, 2007–2021
Table 12:
Exports, In Value Terms, By Country, 2007–2021
Table 13:
Export Prices, By Country Of Origin, 2007–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
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:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2021
Figure 18:
Production, In Value Terms, 2007–2021
Figure 19:
Area Harvested, 2007–2021
Figure 20:
Yield, 2007–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2007–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2007–2021
Figure 25:
Yield, By Country, 2007–2021
Figure 26:
Imports, In Physical Terms, 2007–2021
Figure 27:
Imports, In Value Terms, 2007–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2007–2021
Figure 30:
Imports, In Value Terms, By Country, 2007–2021
Figure 31:
Import Prices, By Country, 2007–2021
Figure 32:
Exports, In Physical Terms, 2007–2021
Figure 33:
Exports, In Value Terms, 2007–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2007–2021
Figure 36:
Exports, In Value Terms, By Country, 2007–2021
Figure 37:
Export Prices, 2007–2021
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