Pakistan: Soybean Oil Market 2020

Soybean Oil Market Size in Pakistan

The revenue of the soybean oil market in Pakistan amounted to $X in 2017, going up by X% against the previous year. In general, soybean oil consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. Over the period under review, the soybean oil market attained its maximum level in 2017, and is likely to continue its growth in the immediate term.

Soybean Oil Production in Pakistan

In 2017, approx. X kg of soya-bean oil were produced in Pakistan; remaining constant against the previous year. In general, soybean oil production continues to indicate a relatively flat trend pattern.

Soybean Oil Exports from Pakistan

Soybean oil exports from Pakistan amounted to X tonnes in 2017, jumping by X% against the previous year. In general, soybean oil exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, with an increase of X% y-o-y. In that year, the soybean oil exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, soybean oil exports amounted to $X in 2017. In general, the total exports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, the soybean oil exports reached their peak level, and are likely to continue its growth in the immediate term.

Soybean Oil Exports by Country from Pakistan

Argentina was the key exporting country with an export of around X tonnes, which amounted to X% of total exports. Brazil (X tonnes) ranks second in terms of the global exports with a X% share, followed by the U.S. (X%), Russia (X%) and the Netherlands (X%). Spain (X tonnes), Bolivia (X tonnes), Germany (X tonnes), Canada (X tonnes) and Ukraine (X tonnes) took the slight share of total exports.

Exports from Argentina decreased at an average annual rate of -X% from 2007 to 2017. 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. From 2007 to 2017, the share of Argentina and Brazil increased by X% and X% percentage points, while Canada (-X%), the U.S. (-X%) and Russia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual rate of growth in terms of value in Argentina totaled -X%. In the other countries, the average annual rates were as follows: Brazil (-X% per year) and the U.S. (+X% per year).

Soybean Oil Export Prices by Country in Pakistan

In 2017, the soybean oil export price in Pakistan amounted to $X per tonne, stabilizing at the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the export prices for soya-bean oil reached its maximum level of $X per tonne in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

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

In 2017, approx. X tonnes of soya-bean oil were imported into Pakistan; growing by X% against the previous year. Overall, soybean oil imports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2014, with an increase of X% y-o-y. Pakistan imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, soybean oil imports totaled $X in 2017. In general, soybean oil imports continue to indicate a strong growth. Over the period under review, the soybean oil imports attained its maximum level in 2017, and are likely to continue its growth in the near future.

Soybean Oil Imports by Country into Pakistan

In 2017, India (X tonnes), distantly followed by Iran (X tonnes), Bangladesh (X tonnes), Algeria (X tonnes) and China (X tonnes) represented the main importers of soya-bean oil, together constituting X% of total imports. The following importers - Venezuela (X tonnes), Morocco (X tonnes), Peru (X tonnes), South Korea (X tonnes), Colombia (X tonnes) and Mexico (X tonnes) 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), together accounting for X% of total imports.

In terms of the main importing countries , Iran (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Soybean Oil Import Prices by Country in Pakistan

In 2017, the soybean oil import price in Pakistan amounted to $X per tonne, dropping by -X% against the previous year. Overall, the import price indicated a modest expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015, when the import prices increased by X% against the previous year. Over the period under review, the import prices for soya-bean oil reached its maximum level of $X per tonne in 2016, and then declined slightly in the following year.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Venezuela ($X per tonne), while Bangladesh ($X per tonne) 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