Report Update Nov 1, 2024

Australia and Oceania - Soybean Oilcake - Market Analysis, Forecast, Size, Trends and Insights

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Australia and Oceania: Soybean Oilcake Market 2024

Soybean Oilcake Market Size in Australia and Oceania

The soybean oilcake market in Australia and Oceania declined to $X in 2021, waning by -6.6% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Soybean Oilcake Production in Australia and Oceania

In value terms, soybean oilcake production declined to $X in 2021 estimated in export price. In general, production saw a noticeable shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 127% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Soybean Oilcake Exports

Exports in Australia and Oceania

In 2021, shipments abroad of soybean oilcake was finally on the rise to reach X tons after three years of decline. In general, exports enjoyed a resilient expansion. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, soybean oilcake exports shrank rapidly to $X in 2021. Overall, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 873%. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, reaching X tons, which was near 97% of total exports in 2021. New Zealand (X tons) held a relatively small share of total exports.

Australia was also the fastest-growing in terms of the soybean oilcake exports, with a CAGR of +14.1% from 2012 to 2021. At the same time, New Zealand (+9.5%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest soybean oilcake supplier in Australia and Oceania, comprising 97% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 2.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia totaled +8.7%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, falling by -98.4% against the previous year. Overall, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 an increase of 2,458% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined markedly in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+4.2%).

Soybean Oilcake Imports

Imports in Australia and Oceania

In 2021, after seven years of growth, there was significant decline in supplies from abroad of soybean oilcake, when their volume decreased by -22.9% to X tons. Total imports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 18% against the previous year. The volume of import peaked at X tons in 2020, and then contracted remarkably in the following year.

In value terms, soybean oilcake imports reduced modestly to $X in 2021. The total import value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 21% against the previous year. The level of import peaked at $X in 2020, and then declined slightly in the following year.

Imports by Country

In 2021, Australia (X tons) represented the key importer of soybean oilcake, making up 62% of total imports. It was distantly followed by New Zealand (X tons), achieving a 35% share of total imports.

From 2012 to 2021, the biggest increases were recorded for New Zealand (with a CAGR of +9.6%).

In value terms, Australia ($X) constitutes the largest market for imported soybean oilcake in Australia and Oceania, comprising 69% of total imports. The second position in the ranking was held by New Zealand ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia was relatively modest.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, picking up by 23% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soybean oilcake in Australia and Oceania?

Australia remains the largest soybean oilcake consuming country in Australia and Oceania, accounting for 63% of total volume. Moreover, soybean oilcake consumption in Australia exceeded the figures recorded by the second-largest consumer, New Zealand, threefold.

What are the largest producers of soybean oilcake in Australia and Oceania?

The countries with the highest volumes of in 2021 were Australia and Papua New Guinea.

What are the leading exporters of soybean oilcake in Australia and Oceania?

In value terms, Australia remains the largest soybean oilcake supplier in Australia and Oceania, comprising 86% of total exports. The second position in the ranking was occupied by New Zealand, with a 14% share of total exports.

What are the leading importers of soybean oilcake in Australia and Oceania?

In value terms, Australia constitutes the largest market for imported soybean oilcake in Australia and Oceania, comprising 68% of total imports. The second position in the ranking was occupied by New Zealand, with a 28% share of total imports.

What is the average export price for soybean oilcake in Australia and Oceania?

In 2021, the e in Australia and Oceania amounted to $612 per ton, surging by 43% against the previous year.

What is the average import price for soybean oilcake in Australia and Oceania?

In 2021, the i in Australia and Oceania amounted to $453 per ton, rising by 45% against the previous year.

This report provides an in-depth analysis of the soybean oilcake market in Australia and Oceania. 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:

Prodcom 10414130 - Oilcake and other solid residues resulting from the extraction of soya-bean oil

Country coverage:

Australia
Cook Islands
Fiji
French Polynesia
Kiribati
Marshall Islands
Micronesia
New Caledonia
New Zealand
Northern Mariana Islands
Palau
Papua New Guinea
Samoa
Solomon Islands
Tokelau
Tonga
Tuvalu
Vanuatu
Wallis and Futuna Islands
American Samoa
Nauru
Niue
Guam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Australia and Oceania, split by region and country
Trade (exports and imports) in Australia and Oceania
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023