Germany: Soybean Oilcake Market 2025

Soybean Oilcake Market Size in Germany

In 2021, the German soybean oilcake market decreased by -2.4% to $X, falling for the second consecutive year after three years of growth. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Soybean Oilcake Production in Germany

In value terms, soybean oilcake production amounted to $X in 2021 estimated in export price. In general, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.6% against 2019 indices. The growth pace was the most rapid in 2013 when the production volume increased by 40% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Soybean Oilcake Exports

Exports from Germany

In 2021, shipments abroad of soybean oilcake increased by 11% to X tons, rising for the fourth consecutive year after two years of decline. The total export volume increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when exports increased by 42%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, soybean oilcake exports soared to $X in 2021. Over the period under review, total exports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +55.9% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X tons) was the main destination for soybean oilcake exports from Germany, with a 32% share of total exports. Moreover, soybean oilcake exports to Denmark exceeded the volume sent to the second major destination, the Czech Republic (X tons), twofold. The third position in this ranking was taken by Austria (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Denmark totaled +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+0.0% per year) and Austria (+4.0% per year).

In value terms, Denmark ($X) remains the key foreign market for soybean oilcake exports from Germany, comprising 30% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 15% share of total exports. It was followed by Austria, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Denmark stood at +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-0.7% per year) and Austria (+2.8% per year).

Export Prices by Country

The average soybean oilcake export price stood at $X per ton in 2021, increasing by 20% against the previous year. Overall, the export price, however, recorded a mild decrease. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Soybean Oilcake Imports

Imports into Germany

In 2021, approx. X tons of soybean oilcake were imported into Germany; almost unchanged from the previous year's figure. Over the period under review, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2018 with an increase of 7.3%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, soybean oilcake imports surged to $X in 2021. In general, imports, however, recorded a deep contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), the Netherlands (X tons) and India (X tons) were the main suppliers of soybean oilcake imports to Germany, with a combined 82% share of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +46.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest soybean oilcake suppliers to Germany were Brazil ($X), the Netherlands ($X) and India ($X), together accounting for 79% of total imports.

In terms of the main suppliers, India, with a CAGR of +45.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average soybean oilcake import price amounted to $X per ton, rising by 29% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Hungary ($X per ton) and India ($X per ton), while the price for Argentina ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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