Report Update Nov 1, 2024

United Arab Emirates - Soybean Oilcake - Market Analysis, Forecast, Size, Trends and Insights

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United Arab Emirates: Soybean Oilcake Market 2024

Soybean Oilcake Market Size in the United Arab Emirates

In 2021, the soybean oilcake market in the United Arab Emirates decreased by -10.6% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Soybean Oilcake Production in the United Arab Emirates

In value terms, soybean oilcake production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, posted a significant expansion. The growth pace was the most rapid in 2013 when the production volume increased by 407% against the previous year. Soybean oilcake production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Soybean Oilcake Exports

Exports from the United Arab Emirates

In 2021, the amount of soybean oilcake exported from the United Arab Emirates reduced rapidly to X tons, shrinking by -16% against the previous year's figure. In general, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of 571% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, soybean oilcake exports stood at $X in 2021. Overall, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 486%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kuwait (X tons), Oman (X tons) and India (X tons) were the main destinations of soybean oilcake exports from the United Arab Emirates, together accounting for 96% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +378.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for soybean oilcake exported from the United Arab Emirates were Kuwait ($X), Oman ($X) and India ($X), with a combined 95% share of total exports.

India, with a CAGR of +626.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average soybean oilcake export price stood at $X per ton in 2021, picking up by 29% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Mauritius ($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 India (+51.8%), while the prices for the other major destinations experienced more modest paces of growth.

Soybean Oilcake Imports

Imports into the United Arab Emirates

In 2021, imports of soybean oilcake into the United Arab Emirates dropped markedly to X tons, waning by -24.4% against the year before. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of 54%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, soybean oilcake imports shrank slightly to $X in 2021. In general, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2016 with an increase of 29%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Argentina (X tons), Brazil (X tons) and Paraguay (X tons) were the main suppliers of soybean oilcake imports to the United Arab Emirates, with a combined 99% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +2.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest soybean oilcake suppliers to the United Arab Emirates were Argentina ($X), Brazil ($X) and Paraguay ($X), with a combined 99% share of total imports.

Argentina, with a CAGR of +3.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

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, however, showed a mild slump. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soybean oilcake in the world?

China remains the largest soybean oilcake consuming country worldwide, comprising approx. 17% of total volume. Moreover, soybean oilcake consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.8% share.

What are the largest producers of soybean oilcake in the world?

The countries with the highest volumes of in 2021 were China, the United States and Argentina, together accounting for 39% of global production. Brazil, India, Japan, Russia, Germany, Bangladesh, Nigeria and Pakistan lagged somewhat behind, together accounting for a further 33%.

What are the leading suppliers of soybean oilcake to the United Arab Emirates?

In value terms, Paraguay constituted the largest supplier of soybean oilcake to the United Arab Emirates, comprising 96% of total imports. The second position in the ranking was occupied by the United States, with a 3.4% share of total imports.

What is the average export price for soybean oilcake in the United Arab Emirates?

The average soybean oilcake export price stood at $437 per ton in 2021, declining by -1.9% against the previous year.

What is the average import price for soybean oilcake in the United Arab Emirates?

In 2021, the average soybean oilcake import price amounted to $325 per ton, which is down by -15.3% against the previous year.

This report provides an in-depth analysis of the soybean oilcake market in the United Arab Emirates. 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:

United Arab Emirates

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the United Arab Emirates
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023