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World - Soya Beans - Market Analysis, Forecast, Size, Trends and Insights
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Global Soya Bean Market Overview 2021

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Soya Bean Market Size

After two years of decline, the global soya bean market increased by X% to $X in 2020. Overall, the total consumption indicated a pronounced increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Global consumption peaked at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Soya Bean Production

In value terms, soya bean production expanded remarkably to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the production volume increased by X% year-to-year. Over the period under review, global production reached the maximum level at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

The countries with the highest volumes of soya bean production in 2020 were Brazil (X tonnes), the U.S. (X tonnes) and Argentina (X tonnes), together accounting for X% of global production. These countries were followed by China, India, Paraguay and Canada, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of soya bean production, amongst the key producing countries, was attained by Canada, while soya bean production for the other global leaders experienced more modest paces of growth.

The global average soya bean yield amounted to X tonnes per ha in 2020, remaining constant against 2019 figures. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. The global yield peaked at X tonnes per ha in 2017; however, from 2018 to 2020, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The global soya bean harvested area stood at X ha in 2020, surging by X% compared with 2019. The harvested area increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to soya bean production attained the maximum at X ha in 2017; however, from 2018 to 2020, the harvested area stood at a somewhat lower figure.

Production By Country

The countries with the highest volumes of soya bean production in 2020 were Brazil (X tonnes), the U.S. (X tonnes) and Argentina (X tonnes), together accounting for X% of global production. These countries were followed by China, India, Paraguay and Canada, which together accounted for a further X 2007 to 2020, the biggest increases were in Canada, while soya bean production for the other global leaders experienced more modest paces of growth.

Soya Bean Exports

Exports

Global soya bean exports rose rapidly to X tonnes in 2020, with an increase of X% against the year before. Overall, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, global exports attained the peak figure in 2020 and are expected to retain growth in years to come.

In value terms, soya bean exports skyrocketed to $X in 2020. In general, total exports indicated buoyant growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. Over the period under review, global exports hit record highs in 2020 and are expected to retain growth in the near future.

Exports by Country

Brazil (X tonnes) and the U.S. (X tonnes) dominates soya bean exports structure, together creating X% of total exports. It was distantly followed by Argentina (X tonnes), mixing up a X% share of total exports. The following exporters - Paraguay (X tonnes) and Canada (X tonnes) - each amounted to a X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Brazil, while exports for the other global leaders experienced more modest paces of growth.

In value terms, the largest soya bean supplying countries worldwide were Brazil ($X), the U.S. ($X) and Argentina ($X), together comprising X% of global exports.

In terms of the main exporting countries, Brazil saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average soya bean export price amounted to $X per tonne, surging by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X% y-o-y. Global export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Canada ($X per tonne) and Argentina ($X per tonne), while Paraguay ($X per tonne) and Brazil ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

Soya Bean Imports

Imports

In 2020, the amount of soya beans imported worldwide rose slightly to X tonnes, growing by X% on the previous year. In general, total imports indicated a prominent increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, global imports reached the peak figure in 2020 and are expected to retain growth in the immediate term.

In value terms, soya bean imports rose to $X in 2020. Overall, total imports indicated a strong increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Global imports peaked at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

China dominates soya bean imports structure, resulting at X tonnes, which was near X% of total imports in 2020. The Netherlands (X tonnes), Mexico (X tonnes), Egypt (X tonnes), Germany (X tonnes), Spain (X tonnes), Japan (X tonnes), Turkey (X tonnes) and Indonesia (X tonnes) held a minor share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2020. At the same time, Egypt (+X%), Turkey (+X%), Indonesia (+X%), Mexico (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. The Netherlands and Germany experienced a relatively flat trend pattern. By contrast, Japan (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the global imports, while Spain, Mexico, Germany, the Netherlands and Japan saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported soya beans worldwide, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by Egypt, with a X% share.

From 2007 to 2020, the average annual growth rate of value in China totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Egypt (+X% per year).

Import Prices by Country

In 2020, the average soya bean import price amounted to $X per tonne, approximately mirroring the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. Global import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Japan ($X per tonne) and Germany ($X per tonne), while Mexico ($X per tonne) and Egypt ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Product coverage:
• FCL 236 - Soybeans

This report provides an in-depth analysis of the global soya bean market. 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.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
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. GLOBAL 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. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
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

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
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, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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