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Germany - Soybean Oilcake - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoybean Oilcake Price in Germany - 2023
Contents:
- Soybean Oilcake Price in Germany (CIF) - 2023
- Soybean Oilcake Price in Germany (FOB) - 2023
- Soybean Oilcake Imports in Germany
- Soybean Oilcake Exports in Germany
Soybean Oilcake Price in Germany (CIF) - 2023
In June 2023, the average soybean oilcake import price amounted to $578 per ton, shrinking by -6.6% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 8.5% month-to-month. The import price peaked at $627 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Hungary ($673 per ton) and Italy ($602 per ton), while the price for the Netherlands ($533 per ton) and Russia ($541 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.1%), while the prices for the other major suppliers experienced a decline.
Soybean Oilcake Price in Germany (FOB) - 2023
The average soybean oilcake export price stood at $541 per ton in June 2023, falling by -10.7% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 5.9% month-to-month. The export price peaked at $606 per ton in May 2023, and then reduced in the following month.
Average prices varied somewhat for the major foreign markets. In June 2023, the countries with the highest prices were Finland ($599 per ton) and Hungary ($596 per ton), while the average price for exports to Ireland ($454 per ton) and Spain ($491 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Soybean Oilcake Imports in Germany
For the fourth consecutive year, Germany recorded growth in overseas purchases of soybean oilcake, which increased by 14% to 2.3M tons in 2022. The total import volume increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, soybean oilcake imports soared to $1.4B in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Soybean Oilcake in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 329 | 341 | 433 | 675 | 27.1% |
Netherlands | 272 | 287 | 300 | 345 | 8.2% |
Russia | 23.6 | 28.9 | 32.1 | 98.8 | 61.2% |
Argentina | 34.6 | 22.3 | 28.5 | 70.1 | 26.5% |
Poland | 11.0 | 8.6 | 17.0 | 47.3 | 62.6% |
Italy | 25.7 | 31.4 | 42.6 | 46.5 | 21.9% |
Hungary | 2.1 | 4.7 | 22.2 | 46.3 | 180.4% |
India | 13.8 | 0.4 | 70.9 | 36.3 | 38.0% |
Luxembourg | 23.1 | 25.1 | 5.5 | 7.9 | -30.1% |
Others | 46.2 | 34.3 | 67.1 | 64.6 | 11.8% |
Total | 782 | 784 | 1,018 | 1,438 | 22.5% |
Top Suppliers of Soybean Oilcake to Germany in 2022:
- Brazil (1140.4K tons)
- Netherlands (604.7K tons)
- Russia (133.7K tons)
- Argentina (117.8K tons)
- Italy (64.8K tons)
- Poland (63.2K tons)
- Hungary (60.0K tons)
- India (52.9K tons)
- Luxembourg (10.0K tons)
Soybean Oilcake Exports in Germany
In 2022, after three years of growth, there was significant decline in shipments abroad of soybean oilcake, when their volume decreased by -15.8% to 1.7M tons. The total export volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 13% against the previous year.
In value terms, soybean oilcake exports amounted to $976M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Soybean Oilcake in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 234 | 261 | 286 | 219 | -2.2% |
Czech Republic | 96.2 | 98.8 | 142 | 171 | 21.1% |
Austria | 63.1 | 72.4 | 111 | 102 | 17.4% |
Hungary | 34.1 | 44.1 | 80.1 | 82.1 | 34.0% |
Switzerland | 17.7 | 23.4 | 53.9 | 78.1 | 64.0% |
Spain | 36.0 | 43.9 | 65.2 | 57.2 | 16.7% |
Poland | 28.0 | 14.2 | 38.2 | 52.9 | 23.6% |
France | 27.7 | 42.4 | 42.4 | 49.6 | 21.4% |
Finland | 34.7 | 28.3 | 28.9 | 38.2 | 3.3% |
United Kingdom | 9.9 | 17.1 | 15.6 | 28.3 | 41.9% |
Netherlands | 6.5 | 19.1 | 14.6 | 26.4 | 59.6% |
Others | 23.4 | 42.1 | 62.5 | 71.3 | 45.0% |
Total | 612 | 707 | 941 | 976 | 16.8% |
Top Export Markets for Soybean Oilcake from Germany in 2022:
- Denmark (411.8K tons)
- Czech Republic (341.3K tons)
- Austria (189.6K tons)
- Hungary (145.6K tons)
- Spain (108.5K tons)
- Switzerland (97.5K tons)
- Poland (87.7K tons)
- France (79.5K tons)
- Finland (64.5K tons)
- United Kingdom (49.9K tons)
- Netherlands (42.8K tons)
This report provides an in-depth analysis of the soybean oilcake market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the soybean oilcake market in Germany.
This report provides an in-depth analysis of the global soybean oilcake market.
This report provides an in-depth analysis of the soybean oilcake market in Germany.
This report provides an in-depth analysis of the global soybean oilcake market.
Driven by increasing global demand, the soybean oilcake market is projected to continue growing at a steady pace over the next seven years. By 2030, market volume is expected to reach 275 million tons, with a market value of $170.2 billion.
Explore the top import markets for soybean oilcake, including Indonesia, Vietnam, and the Philippines. Gain insights into key statistics and market trends using IndexBox market intelligence platform.
Driven by increasing global demand, the soybean oilcake market is projected to continue growing at a steady pace over the next seven years. By 2030, market volume is expected to reach 275 million tons, with a market value of $170.2 billion.
Explore the top import markets for soybean oilcake, including Indonesia, Vietnam, and the Philippines. Gain insights into key statistics and market trends using IndexBox market intelligence platform.