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South Africa - Soya Beans - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Soya Bean Market Overview 2019

Soya Bean Market Size in South Africa

The revenue of the soya bean market in South Africa amounted to $X in 2017, going up by X% against the previous year. In general, soya bean consumption continues to indicate a remarkable growth. The pace of growth was the most pronounced in 2009, when market value increased by X% year-to-year. The soya bean consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Soya Bean Production in South Africa

In 2017, the amount of soya beans produced in South Africa stood at X tonnes, increasing by X% against the previous year. In general, soya bean production continues to indicate an outstanding increase. The growth pace was the most rapid in 2009, when the output figure increased by X% against the previous year. Over the period under review, the soya bean production attained its peak figure volume in 2017, and is expected to retain its growth in the near future. Soya bean output in South Africa indicated an outstanding expansion, which was largely conditioned by a skyrocketing expansion of the harvested area and a prominent growth in yield figures.

In 2017, average yield of soya beans in South Africa totaled X tonne per ha, growing by X% against the previous year. In general, the yield indicated a prominent growth from 2007 to 2017: its figure 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 pace of growth appeared the most rapid in 2017, when yield increased by X% against the previous year. In that year, the average soya bean yield attained their peak level, and is likely to continue its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of soya beans were harvested in South Africa; jumping by X% against the previous year. In general, soya bean harvested area continues to indicate a prominent increase. The pace of growth was the most pronounced in 2009, when it surged by X% y-o-y. Over the period under review, the harvested area dedicated to soya bean production reached its peak figure of X ha in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Soya Bean Exports from South Africa

In 2017, approx. X tonnes of soya beans were exported from South Africa; going down by -X% against the previous year. Overall, soya bean exports continue to indicate an abrupt decrease. The growth pace was the most rapid in 2015, when exports increased by X% y-o-y. Over the period under review, the soya bean exports reached its maximum volume of X tonnes in 2016, and then declined slightly in the following year.

In value terms, soya bean exports stood at $X in 2017. Overall, soya bean exports continue to indicate an abrupt shrinkage. In that year, the soya bean exports reached their peak level of $X, and then declined slightly in the following year.

Soya Bean Exports by Country from South Africa

Indonesia (X tonnes) was the main destination of soya bean exports from South Africa, with a X% share of total exports. Moreover, soya bean exports to Indonesia exceeded the volume sent to the second major destination, China (X tonnes), sixfold. Singapore (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume to Indonesia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Singapore (+X% per year).

In value terms, Indonesia ($X) remains the key foreign market for soya bean exports from South Africa, making up X% of total soya bean exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Mozambique, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value to Indonesia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Mozambique (-X% per year).

Soya Bean Export Prices by Country in South Africa

In 2017, the average soya bean export price amounted to $X per tonne, going up by X% against the previous year. In general, soya bean export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. In that year, the average export prices for soya beans reached their peak level of $X per tonne. From 2015 to 2017, growth of the average export prices for soya beans stood at a somewhat lower level.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was China ($X per tonne), while average price for exports to Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to China (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Soya Bean Imports into South Africa

In 2017, approx. X tonnes of soya beans were imported into South Africa; waning by -X% against the previous year. In general, soya bean imports continue to indicate a deep drop. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, the soya bean imports attained its maximum volume of X tonnes in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, soya bean imports totaled $X in 2017. Overall, soya bean imports continue to indicate a drastic contraction. In that year, the soya bean imports reached their peak level of $X. From 2015 to 2017, growth of the soya bean imports failed to regain its momentum.

Soya Bean Imports by Country into South Africa

In 2017, Malawi (X tonnes) constituted the largest soya bean supplier to South Africa, with a X% share of total imports. Moreover, soya bean imports from Malawi exceeded the figures recorded by the second largest supplier, Ethiopia (X tonnes), twofold. The third position in this ranking was occupied by Zambia (X tonnes), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from Malawi stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ethiopia (-X% per year) and Zambia (-X% per year).

In value terms, Ethiopia ($X), Zambia ($X) and Malawi ($X) appeared to be the largest soya bean suppliers to South Africa, together comprising X% of total imports.

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

Soya Bean Import Prices by Country in South Africa

In 2017, the average soya bean import price amounted to $X per tonne, going down by -X% against the previous year. Overall, the import price indicated a modest growth 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. Based on 2017 figures, the soya bean import price decreased by -X% against 2014 indices. The growth pace was the most rapid in 2014, an increase of X% year-to-year. In that year, the average import prices for soya beans attained their peak level of $X per tonne. From 2015 to 2017, growth of the average import prices for soya beans stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Canada ($X per tonne), while prices for soya bean imports from Malawi ($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 Malawi (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 236 - Soybeans

This report provides an in-depth analysis of the soya bean market in South Africa. 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:
• South Africa

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in South Africa
• 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 2025
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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