Report South-Eastern Asia - Soya Beans - Market Analysis, Forecast, Size, Trends and Insights for 499$
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South-Eastern Asia - Soya Beans - Market Analysis, Forecast, Size, Trends and Insights
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South-Eastern Asia: Soya Bean Market 2022

Soya Bean Market Size in South-Eastern Asia

The Southeast Asian soya bean market rose remarkably to $X in 2021, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Soya Bean Production in South-Eastern Asia

In value terms, soya bean production expanded rapidly to $X in 2021 estimated in export prices. In general, production, however, continues to indicate a deep setback. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Indonesia (X tonnes) remains the largest soya bean producing country in South-Eastern Asia, comprising approx. X% of total volume. Moreover, soya bean production in Indonesia exceeded the figures recorded by the second-largest producer, Cambodia (X tonnes), sixfold. Myanmar (X tonnes) ranked third in terms of total production with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume in Indonesia totaled +X%. In the other countries, the average annual rates were as follows: Cambodia (+X% per year) and Myanmar (-X% per year).

In 2021, the average yield of soya beans in South-Eastern Asia dropped modestly to X tonnes per ha, waning by -X% against the previous year. In general, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. The level of yield peaked at X tonnes per ha in 2015; however, from 2016 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of soya beans production in South-Eastern Asia rose slightly to X ha, increasing by X% on 2020. Overall, the harvested area recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to soya bean production attained the maximum at X ha in 2018; however, from 2019 to 2021, the harvested area stood at a somewhat lower figure.

Production By Country in South-Eastern Asia

The country with the largest volume of soya bean production was Indonesia (X tonnes), comprising approx. X% of total volume. Moreover, soya bean production in Indonesia exceeded the figures recorded by the second-largest producer, Cambodia (X tonnes), sixfold. Myanmar (X tonnes) ranked third in terms of total production with a X% share.

From 2012 to 2021, the average annual growth rate of volume in Indonesia stood at +X%. In the other countries, the average annual rates were as follows: Cambodia (+X% per year) and Myanmar (-X% per year).

Soya Bean Exports

Exports in South-Eastern Asia

In 2021, after two years of decline, there was significant growth in overseas shipments of soya beans, when their volume increased by X% to X tonnes. Over the period under review, exports, however, showed a deep setback. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The volume of export peaked at X tonnes in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, soya bean exports surged to $X in 2021. Overall, exports, however, faced a drastic downturn. The growth pace was the most rapid in 2014 when exports increased by X% y-o-y. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Cambodia was the main exporting country with an export of around X tonnes, which accounted for X% of total exports. Singapore (X tonnes) occupied the second position in the ranking, followed by Malaysia (X tonnes) and Indonesia (X tonnes). All these countries together held near X% share of total exports. The following exporters - Thailand (X tonnes) and Vietnam (X tonnes) - each amounted to a X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to soya bean exports from Cambodia stood at -X%. At the same time, Vietnam (+X%), Indonesia (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +X% from 2012-2021. By contrast, Thailand (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Cambodia, Singapore, Indonesia and Vietnam increased by +X, +X, +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cambodia ($X), Malaysia ($X) and Singapore ($X) were the countries with the highest levels of exports in 2021, together accounting for X% of total exports. These countries were followed by Indonesia, Thailand and Vietnam, which together accounted for a further X terms of the main exporting countries, Vietnam, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the soya bean export price in South-Eastern Asia amounted to $X per tonne, picking up by X% against the previous year. In general, the export price, however, showed a pronounced reduction. The level of export peaked at $X per tonne in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($X per tonne), while Indonesia ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+X%), while the other leaders experienced a decline in the export price figures.

Soya Bean Imports

Imports in South-Eastern Asia

After two years of growth, purchases abroad of soya beans decreased by -X% to X tonnes in 2021. Total imports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The volume of import peaked at X tonnes in 2020, and then contracted slightly in the following year.

In value terms, soya bean imports soared to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Thailand (X tonnes) represented the major importer of soya beans, mixing up X% of total imports. It was distantly followed by Indonesia (X tonnes), Vietnam (X tonnes) and Malaysia (X tonnes), together creating a X% share of total imports. The Philippines (X tonnes) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in the Philippines (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constitutes the largest market for imported soya beans in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Thailand amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (-X% per year) and Vietnam (-X% per year).

Import Prices by Country

The soya bean import price in South-Eastern Asia stood at $X per tonne in 2021, increasing by X% against the previous year. Overall, the import price, however, saw a pronounced downturn. The level of import peaked 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, major importing countries recorded the following prices: in the Philippines ($X per tonne) and Thailand ($X per tonne), while Indonesia ($X per tonne) and Vietnam ($X per tonne) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (-X%), while the other leaders experienced a decline in the import price figures.

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 South-Eastern Asia?
+
The countries with the highest volumes of soya bean consumption in 2021 were Thailand, Indonesia and Vietnam, together comprising 90% of total consumption.
What are the largest producers of soya beans in South-Eastern Asia?
+
Indonesia remains the largest soya bean producing country in South-Eastern Asia, comprising approx. 70% of total volume. Moreover, soya bean production in Indonesia exceeded the figures recorded by the second-largest producer, Cambodia, sixfold. The third position in this ranking was occupied by Myanmar, with a 10% share.
What are the leading exporters of soya beans in South-Eastern Asia?
+
In value terms, Cambodia, Malaysia and Singapore appeared to be the countries with the highest levels of exports in 2021, with a combined 92% share of total exports. These countries were followed by Indonesia, Thailand and Vietnam, which together accounted for a further 7.4%.
What are the leading importers of soya beans in South-Eastern Asia?
+
In value terms, Thailand constitutes the largest market for imported soya beans in South-Eastern Asia, comprising 51% of total imports. The second position in the ranking was occupied by Indonesia, with a 23% share of total imports. It was followed by Vietnam, with a 16% share.
What is the average export price for soya beans in South-Eastern Asia?
+
The soya bean export price in South-Eastern Asia stood at $550 per tonne in 2021, rising by 20% against the previous year.
What is the average import price for soya beans in South-Eastern Asia?
+
In 2021, the soya bean import price in South-Eastern Asia amounted to $485 per tonne, with an increase of 19% against the previous year.

This report provides an in-depth analysis of the soya bean market in South-Eastern Asia. 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

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

• Brunei Darussalam
• Cambodia
• Indonesia
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Timor-Leste
• Vietnam
• Lao People's Democratic Republic
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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