Timor-Leste: Soya Bean Market 2020

Soya Bean Market Size in Timor-Leste

The revenue of the soya bean market in Timor-Leste amounted to $X in 2018, waning by -X% against the previous year. Over the period under review, soya bean consumption continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2009 when the market value increased by X% against the previous year. Over the period under review, the soya bean market attained its peak figure level at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.

Soya Bean Production in Timor-Leste

In value terms, soya bean production stood at $X in 2018 estimated in export prices. Over the period under review, soya bean production continues to indicate remarkable growth. The pace of growth was the most pronounced in 2009 when production volume increased by X% y-o-y. Soya bean production peaked at $X in 2011; however, from 2012 to 2018, production stood at a somewhat lower figure.

In 2018, the average soya bean yield in Timor-Leste totaled X tonne per ha, rising by X% against the previous year. In general, the yield indicated noticeable growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, soya bean yield increased by +X% against 2013 indices. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. In that year, the average soya bean yield reached its peak level of X tonne per ha. From 2012 to 2018, the growth of the average soya bean yield remained 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 2018, the soya bean harvested area in Timor-Leste totaled X ha, reducing by -X% against the previous year. Over the period under review, the soya bean harvested area continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Soya bean harvested area peaked at X ha in 2011; however, from 2012 to 2018, harvested area failed to regain its momentum.

Soya Bean Imports

Imports into Timor-Leste

In 2018, the imports of soya beans into Timor-Leste amounted to X tonnes, jumping by X% against the previous year. Overall, soya bean imports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, soya bean imports amounted to $X in 2018. In general, soya bean imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. In that year, soya bean imports attained their peak of $X. From 2012 to 2018, the growth of soya bean imports remained at a lower figure.

Source: IndexBox Platform