Report Update: May 11, 2024

Denmark - Soybean Oilcake - Market Analysis, Forecast, Size, Trends And Insights

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Soybean Oilcake Price in Denmark - 2023

Soybean Oilcake Price in Denmark (CIF) - 2022

In 2022, the average soybean oilcake import price amounted to $597 per ton, jumping by 33% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, soybean oilcake import price increased by +54.5% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($736 per ton), while the price for the United States ($458 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Soybean Oilcake Price in Denmark (FOB) - 2022

The average soybean oilcake export price stood at $674 per ton in 2022, remaining stable against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, soybean oilcake export price increased by +49.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 31%. As a result, the export price reached the peak level of $683 per ton, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($1,361 per ton), while the average price for exports to the UK ($448 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Soybean Oilcake Imports in Denmark

In 2022, supplies from abroad of soybean oilcake decreased by -9% to 1.4M tons, falling for the second year in a row after two years of growth. Overall, imports showed a noticeable contraction. The growth pace was the most rapid in 2020 with an increase of 9.9%. As a result, imports reached the peak of 1.7M tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, soybean oilcake imports soared to $846M in 2022. The total import value increased at an average annual rate of +12.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Soybean Oilcake in Denmark (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	212	215	204	289	10.9%
Brazil	67.7	84.4	141	277	59.9%
Argentina	182	180	121	121	-12.7%
Netherlands	28.1	42.0	36.9	61.7	30.0%
United States	17.3	10.3	45.0	22.3	8.8%
China	43.4	19.7	1.3	N/A	-82.7%
Others	47.7	93.0	147	75.5	16.5%
Total	598	645	697	846	12.3%

Top Suppliers of Soybean Oilcake to Denmark in 2022:

Germany (511.2K tons)
Brazil (480.9K tons)
Argentina (215.3K tons)
Netherlands (83.8K tons)
United States (48.7K tons)

Soybean Oilcake Exports in Denmark

In 2022, overseas shipments of soybean oilcake were finally on the rise to reach 73K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, soybean oilcake exports soared to $49M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Soybean Oilcake in Denmark (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	0.2	N/A	1.9	29.1	426.0%
Estonia	1.3	1.7	1.5	8.1	84.0%
Sweden	3.7	5.0	7.2	6.7	21.9%
Germany	0.5	1.0	2.3	2.7	75.4%
Lithuania	9.0	2.8	2.2	0.3	-67.8%
France	3.8	1.2	N/A	N/A	-68.4%
Netherlands	4.4	N/A	N/A	N/A	0%
Others	3.8	1.5	1.8	1.9	-20.6%
Total	26.8	13.3	16.8	48.9	22.2%

Top Export Markets for Soybean Oilcake from Denmark in 2022:

Poland (45.6K tons)
Estonia (15.0K tons)
Sweden (4.9K tons)
Germany (4.4K tons)
Lithuania (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the soybean oilcake market in Denmark. 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:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Denmark
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. 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