Soybean Oil Market Intelligence

Are you looking for answers on Soybean Oil category?

Are you looking for answers on Soybean Oil category?

  • What are the key trends in Soybean Oil category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in Soybean Oil industry?
  • How is Soybean Oil industry performing?

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Report Coverage

  • Global Soybean Oil Supply–Demand Analysis

  • Innovations/Trends

  • Key Supplier Profiles

  • Soybean Oil Pricing Analysis - US, Argentina, Brazil

Production Size

Production Size North America

13.49 MMT

Production Size China

91.7 MMT

Table of contents

  1. Soybean Oil Executive Summary
  2. Supply/Demand and Prices
  3. Global Soybean Oil Market
  4. Contract Structures by Industry and Price Benchmarking
  5. Cost Savings, Based on Contract Structures
  1. Soybean Oil Market Analysis
  2. Value Chain Analysis
  3. Global Market Outlook
  4. Current Market Size
  5. Demand - Supply Trends and Forecast
  6. Key End-use Industries
  7. Trade Dynamics
  8. Regional Market Outlook (China, US, Argentina, and Brazil)
  9. Current Market Size
  10. Demand - Supply Trends and Forecast
  11. Key End-use Industries
  12. Trade Dynamics
  1. Soybean Oil Industry Analysis
  2. Industry Outlook
  3. Drivers and Constraints for the Industry
  4. Innovations
  5. Porter’s Five Forces Analysis
  1. Soybean Oil Supplier Analysis
  2. Price Analysis (US, Argentina, and Brazil)
  3. Price Forecast for Soybean Oil
  4. Profiling of Major Suppliers
  5. Archer-Daniels-Midland Co.
  6. Bunge Limited
  7. Cargill Inc.
  8. Louis Dreyfus Company
  9. Wilmar International Ltd.
  1. Soybean Oil Cost & Price Analysis
  2. Procurement Insights for Soybean Oil
  3. Sourcing Months
  4. Sourcing Regions
  5. Contract Structures

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Global Market Outlook on Soybean Oil

  • The global soybean oil supply has been witnessing a steady growth of 5.2 percent CAGR during 2012/13–2017/18 crop years. The current crop year (2018/2019) production is expected to increase by 3.7 percent against the previous crop year (2017–2018).
  • Despite higher soybean planting areas, the estimated production is low year-on-year, owing to unfavorable La Nina weather conditions, which is said to impact the production and seed quality
  • Deficient of rapeseed oils supported the soybean oil demand in the food and biodiesel market in 2017/2018.

soybean-oil-market-size

Price Benchmarking

  • Soybean oil prices and contract structures are fixed by the US suppliers using CBOT future and adding the basis & freight costs
  • The basis is the difference between cash and future prices. Profit margin set by the buyers depends on time of buying & selling and also on the soybean prices
  • Soybeans supply scenario, and crush margins play a major role in driving the prices of soy oil

Soybean Oil Value Chain

  • Soybean oil value chain and prices are driven using by-product, raw materials supply, and crushing economies. ~89 percent of the soybean produced globally is used for the purpose of crushing, out of which 18 percent of oil and 82 percent meal are obtained
  • Despite the low share as a by-product, soybean oil prices play a major role in the pricing economies of soybean value chain, due to its utility in end-use demand

Global Soybean Oil Supply–Demand Analysis

  • Soybean oil supply witnessed a consecutive increase for the last three years, due to increased soybean supply and tightened supply in the other vegetable oil market, mainly the rapseed oil market
  • Recovery in the biodiesel demand has also supported the soybean demand during the start of 2018

Market Outlook - 2017/2018

  • Global production and consumption of soybean oil from 2013/14 to 2017/18 grew at a CAGR of 5.6 percent and 5.9 percent, respectively
  • The global production and consumption are expected to grow at 4.6 percent and 4.1 percent, respectively, for 20118/19 compared to the previous year
  • The accelerated consumption growth of soybean oil in China will drive the production increase
  • Major soybean oil producing regions are China, Argentina, and the US, which account for ~63 percent of the global soybean oil production

Soybean Oil Global Demand by Application

  • The global soybean oil demand witnessed a steady increase in the recent decade, due to increasing share of demand from the food industry
  • The main demand for soybean oil is for food application, followed by industrial use, which is for biodiesel manufacturing
  • The global biodiesel production from soybean oil in 2018 is estimated at 10.2MMT, which is 6.8 percent higher than the previous year

Soybean Oil Consumption by Country

  • China, the US, and Brazil are the largest consumers of soybean oil
  • China is the largest producer and consumer of soybean oil. China consumes almost approx. 99 percent of the domestic production
  • Brazil, Argentina, and the US are major soybean producing areas.China imports 64 percent of the global soybean to produce the soybean oil

 

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