Switzerland: Soybean Oil Market 2020

Soybean Oil Market Size in Switzerland

The revenue of the soybean oil market in Switzerland amounted to $X in 2017, reducing by -X% against the previous year. Overall, soybean oil consumption continues to indicate a moderate curtailment. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. In that year, the soybean oil market reached their peak level of $X. From 2012 to 2017, growth of the soybean oil market stood at a somewhat lower level.

Soybean Oil Production in Switzerland

Soybean oil production in Switzerland amounted to X tons in 2017, reducing by -X% against the previous year. Overall, soybean oil production continues to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2010, when the output figure increased by X% year-to-year. Over the period under review, the soybean oil production reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Soybean Oil Exports from Switzerland

In 2017, approx. X tons of soya-bean oil were exported from Switzerland; shrinking by -X% against the previous year. Overall, soybean oil exports continue to indicate a temperate expansion. The most prominent rate of growth was recorded in 2008, when exports increased by X% y-o-y. Over the period under review, the soybean oil exports reached its peak figure volume of X tons in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, soybean oil exports totaled $X in 2017. In general, soybean oil exports continue to indicate a slight expansion. Switzerland exports peaked of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Soybean Oil Exports by Country from Switzerland

Argentina represented the major exporter of soya-bean oil in the world, with the volume of exports recording X tons, which was near 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 committing X% share of total exports. Spain (X tons), Bolivia (X tons), Germany (X tons), Canada (X tons) and Ukraine (X tons) followed a long way behind the leaders.

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. Argentina (X%) and Brazil (X%) significantly strengthened its position in terms of the global exports, while Canada, the U.S. and Russia saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Argentina, soybean oil exports plunged by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Brazil (-X% per year) and the U.S. (+X% per year).

Soybean Oil Export Prices by Country in Switzerland

The soybean oil export price in Switzerland stood at $X per ton in 2017, increasing by X% against the previous year. Overall, soybean oil export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% against the previous year. Over the period under review, the export prices for soya-bean oil reached its peak figure level 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 Switzerland

In 2017, the amount of soya-bean oil imported into Switzerland amounted to X tons, increasing by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2011, when imports increased by X% y-o-y. Over the period under review, the soybean oil imports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, soybean oil imports totaled $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 increased by +X% against 2015 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 Switzerland

In 2017, India (X tons), distantly followed by Iran (X tons), Bangladesh (X tons), Algeria (X tons) and China (X tons) represented the main importers of soya-bean oil, together committing 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 minor 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, the largest soybean oil markets worldwide were India ($X), Iran ($X) and Bangladesh ($X), with a combined X% share of total imports.

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

Soybean Oil Import Prices by Country in Switzerland

The soybean oil import price in Switzerland stood at $X per ton in 2017, shrinking by -X% against the previous year. In general, soybean oil import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, an increase of X% y-o-y. Switzerland import price peaked of $X per ton in 2011; however, from 2012 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