Market research

Soybean oil and fractions market in Oceania

$Soybean oil and fractions market in Oceania$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

"Oceania" region includes following countries:

Australia

Christmas Island

Cocos (Keeling) Islands

Heard Island and McDonald Islands

New Zealand

Norfolk Island

Solomon Islands

Fiji

New Caledonia

Vanuatu

Papua New Guinea

Kiribati

Guam

Nauru

Northern Mariana Islands

United States Minor Outlying Islands

Micronesia

Marshall Islands

Palau

American Samoa

Cook Islands

French Polynesia

Niue

Pitcairn Islands

Tokelau

Tonga

Tuvalu

Wallis and Futuna Islands

Samoa

Earlier Report Observations

The soybean oil market volume in Oceania showed considerable volatility from 2018 to 2023, peaking at 66 023 t in 2020 before declining to 54 363 t in 2023. The overall market size contracted from its 2018 level of 56 630 t, reflecting inconsistent demand and supply patterns over the six-year period.

Import volumes, which constitute the majority of supply, fell sharply from 63 915 t in 2020 to 48 463 t in 2023, a key driver of the market's contraction. This occurred alongside a steady rise in domestic production, which more than doubled from 2 700 t in 2020 to 7 800 t in 2023, partially offsetting the reduced import availability.

In 2024, imports recovered to 52 696 t. This increase was facilitated by ample global soybean production from major suppliers like Brazil and the United States, which ensured stable supply and influenced pricing. Concurrently, emerging consumer demand in Oceania for non-GMO and organic soybean oil products began shaping import preferences, aligning with broader health and sustainability trends.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Oceania
  1. 5.1.1. Annual dynamics of production in Oceania in kind, 2018-2023, t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Australia in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Australia in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Australia in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Australia in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production soybean oil and fractions in Oceania

In kind, 2017-2020, t

Top producers of soybean oil and fractions, 2017-2020

Source: SHEV.io

World map of production of soybean oil and fractions, 2017-2020

Source: SHEV.io

Soybean oil and fractions production in Oceania has declined for the third year in a row. In 2020, the region produced 2 700 tonnes, which represents an 18.2% decrease compared to the previous year. Looking at the period from 2017 to 2020, production fell by 50.9%, translating to an average annual decline of 21.1%.

Annual dynamics of production in Oceania in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(10.9%)	(32.7%)	(18.2%)	(21.1%)

Source: SHEV.io

Exports soybean oil and fractions from Oceania

Exports in kind, t

Exports of soybean oil and fractions from Oceania have also dropped for the third consecutive year. In 2020, the region exported 592 tonnes, marking a significant year-over-year decrease of 63.8%. Between 2017 and 2020, exports declined by 81.6%, with a compound annual growth rate of -43.2%.

Annual dynamics of product's exports from Oceania in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(42.3%)	(12.0%)	(63.8%)	(43.2%)

Source: SHEV.io

From 2017 to 2020, Indonesia dominated exports in volume, accounting for 74.2% of total shipments. The remaining share was distributed among various smaller destinations.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Oceania in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Cross-border shipments of soybean oil and fractions from Oceania have decreased for the third year in a row. In 2020, exports totaled 928 thousand US dollars, reflecting a sharp 47.1% decline compared to the previous year. Over the 2017-2020 period, exports fell by 77.7%, with a compound annual growth rate of -39.4%.

Annual dynamics of product's exports from Oceania in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(35.6%)	(34.5%)	(47.1%)	(39.4%)

Source: SHEV.io

Between 2017 and 2020, the primary buyers of soybean oil and fractions from Oceania in value terms were Indonesia, with 69.6% of exports, the United States at 2.6%, and Colombia at 1.8%. Together, these three countries accounted for 74.0% of total export value.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Oceania in value, 2017-2020

Source: SHEV.io

Imports soybean oil and fractions to Oceania

Imports in kind, t

After two years of decline, imports of soybean oil and fractions into Oceania increased in 2020. Imports reached 63 915 tonnes, showing a substantial 25.7% gain over the previous year. Over the 2017-2020 period, imports grew by 15.8%, with a compound annual growth rate of 5.0%. The lowest import volume was recorded in 2019 at 50 857 tonnes, which also saw the largest decline of 5.1%.

Annual dynamics of product's imports to Oceania in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.9%)	(5.1%)	25.7%	5.0%

Source: SHEV.io

From 2017 to 2020, Malaysia, Brazil, and Indonesia were the main sources of soybean oil and fractions imports into Oceania by volume. Malaysia accounted for 67.7%, Brazil for 9.2%, and Indonesia for 7.6%, together making up 84.4% of total imports.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Oceania in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Following a two-year decrease, imports of soybean oil and fractions into Oceania showed an increase in 2020. The import value in 2020 remained nearly unchanged compared to 2019. Over the 2017-2020 period, imports decreased by 12.9%, with a compound annual growth rate of -4.5%. The lowest value was recorded in 2019 at 50 392 thousand US dollars, which also experienced the largest decline of 9.8%.

Annual dynamics of product's imports to Oceania in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.8%)	(9.8%)	0.4%	(4.5%)

Source: SHEV.io

Throughout 2017-2020, Malaysia was the leading supplier of soybean oil and fractions to Oceania in value terms, holding 73.2% of total imports. Other partners had relatively smaller shares.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Oceania in value, 2017-2020

Source: SHEV.io