Malaysia: Soybean Oil Market 2020

Soybean Oil Market Size in Malaysia

The revenue of the soybean oil market in Malaysia amounted to $X in 2017, picking up by X% against the previous year. Overall, soybean oil consumption continues to indicate a prominent increase. The pace of growth was the most pronounced in 2008, with an increase of X% against the previous year. Over the period under review, the soybean oil market reached its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Soybean Oil Production in Malaysia

In 2017, the amount of soya-bean oil produced in Malaysia totaled X tons, growing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. In that year, the soybean oil production attained their peak volume of X tons. From 2011 to 2017, growth of the soybean oil production stood at a somewhat lower level.

Soybean Oil Exports from Malaysia

Soybean oil exports from Malaysia amounted to X tons in 2017, falling by -X% against the previous year. In general, soybean oil exports continue to indicate a mild drop. The pace of growth was the most pronounced in 2010, when exports increased by X% year-to-year. Over the period under review, the soybean oil exports reached its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, soybean oil exports amounted to $X in 2017. In general, soybean oil exports continue to indicate a relatively flat trend pattern. Malaysia exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Soybean Oil Exports by Country from Malaysia

Argentina was the major exporter of soya-bean oil in the world, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2017. It was distantly followed by Brazil (X tons), the U.S. (X tons), Russia (X tons) and the Netherlands (X tons), together mixed up X% share of total exports. The following exporters - Spain (X tons), Bolivia (X tons), Germany (X tons), Canada (X tons) and Ukraine (X tons) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to soybean oil exports from Argentina stood at -X%. At the same time, Ukraine (+X%), Canada (+X%), Russia (+X%), Spain (+X%), Bolivia (+X%), Germany (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. The Netherlands experienced a relatively flat trend pattern. By contrast, Brazil (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Argentina and Brazil increased by X% and X% percentage points, while Canada (-X%), the U.S. (-X%) and Russia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest soybean oil supplier from Malaysia, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by the U.S., with a X% share.

From 2007 to 2017, the average annual growth rate of value in Argentina stood at -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-X% per year) and the U.S. (+X% per year).

Soybean Oil Export Prices by Country in Malaysia

The soybean oil export price in Malaysia stood at $X per ton in 2017, jumping by X% against the previous year. In general, the export price indicated a modest increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2008, an increase of X% against the previous year. Malaysia export price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Germany ($X per ton) and Spain ($X per ton), while Bolivia ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Argentina (+X% per year), while the other leaders experienced more modest paces of growth.

Soybean Oil Imports into Malaysia

In 2017, imports of soya-bean oil into Malaysia amounted to X tons, going up by X% against the previous year. In general, the total imports indicated a prominent expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the soybean oil imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Malaysia imports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, soybean oil imports amounted to $X in 2017. In general, the total imports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the soybean oil imports decreased by -X% against 2011 indices. In that year, the soybean oil imports reached their peak level of $X. From 2012 to 2017, growth of the soybean oil imports failed to regain its momentum.

Soybean Oil Imports by Country into Malaysia

In 2017, India (X tons), distantly followed by Iran (X tons), Bangladesh (X tons), Algeria (X tons) and China (X tons) were the main importers of soya-bean oil, together making up X% of total imports. Venezuela (X tons), Morocco (X tons), Peru (X tons), South Korea (X tons), Colombia (X tons) and Mexico (X tons) occupied the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Iran ($X) and Bangladesh ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

In terms of the main importing countries , Iran (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Soybean Oil Import Prices by Country in Malaysia

The soybean oil import price in Malaysia stood at $X per ton in 2017, surging by X% against the previous year. In general, the import price indicated a modest growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the soybean oil import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2011, when the import prices increased by X% year-to-year. Malaysia import price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Venezuela ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Venezuela (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform