Market research

Soybean oil and fractions market in the United Kingdom, 2026

$Soybean oil and fractions market in the United Kingdom$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

Between 2018 and 2021, the UK soybean oil market experienced a gradual contraction, with its total volume falling from 313.9 thousand tons to 294.5 thousand tons. This decline coincided with a drop in domestic production, which hit a low of 122.7 thousand tons in 2021, while import levels remained relatively steady.

A sharp reversal occurred in 2022, with market volume rebounding to 329.4 thousand tons, driven by a significant increase in production to 154.7 thousand tons. This expansion was supported by major industry players, such as Cargill and ADM, which expanded and modernized their processing facilities to boost output. Concurrently, a strong consumer shift towards healthier, plant-based, and sustainably sourced oils elevated demand within the food service and retail sectors.

The market volume retracted to 305.8 thousand tons in 2023, despite a further rise in production to 161.5 thousand tons. This decrease was primarily due to a notable drop in imports, which fell to 172.8 thousand tons, coupled with growing exports. In the following years, import volumes showed moderate recovery, indicating sustained underlying demand for soybean oil in the UK.

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, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in the United Kingdom
  1. 5.1.1. Annual dynamics of production in the United Kingdom in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in the United Kingdom in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K 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, K 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, K t
    1. 6.1.2.1. Annual dynamics of product's exports from the United Kingdom in kind, 2018-2025, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from the United Kingdom by countries, 2018-2025, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from the United Kingdom in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from the United Kingdom by countries, 2018-2025, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  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 the United Kingdom, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from the United Kingdom by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from the United Kingdom in kind, 2018-2025, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from the United Kingdom by countries, 2018-2025, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from the United Kingdom in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from the United Kingdom by countries, 2018-2025, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  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 the United Kingdom, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from the United Kingdom by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to the United Kingdom in kind, 2018-2025, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to the United Kingdom by countries, 2018-2025, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to the United Kingdom in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to the United Kingdom by countries, 2018-2025, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  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 the United Kingdom, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to the United Kingdom by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to the United Kingdom in kind, 2018-2025, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to the United Kingdom by countries, 2018-2025, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to the United Kingdom in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to the United Kingdom by countries, 2018-2025, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  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 the United Kingdom, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to the United Kingdom by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2025
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 the United Kingdom

In kind, 2018-2021, K t

Between 2018 and 2021, the United Kingdom ranked 30th globally in soybean oil and fractions production, positioning it among the world's leading producers during this period.

Top producers of soybean oil and fractions, 2018-2021

Source: SHEV.io

World map of production of soybean oil and fractions, 2018-2021

Source: SHEV.io

In 2021, the United Kingdom produced 122.7 K t of soybean oil and fractions, marking a significant 16.4% decline from 2020. Production peaked in 2020 at 146.7 K t, which represented a 5.6% increase from the previous year. Over the 2018-2021 period, overall production decreased by 14.2%, translating to an average annual decline of 5.0%.

Annual dynamics of production in the United Kingdom in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(2.9%)	5.6%	(16.4%)	(5.0%)

Source: SHEV.io

Exports soybean oil and fractions from the United Kingdom

Exports in kind, K t

In 2021, soybean oil and fractions exports from the United Kingdom totaled 24.4 K t, a 3.3% decrease from 2020. Exports reached their lowest point in 2019 at 22.6 K t, declining by 6.1% that year. The highest export volume was recorded in 2020 at 25.2 K t, reflecting an 11.6% increase from 2019.

Annual dynamics of product's exports from the United Kingdom in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(6.1%)	11.6%	(3.3%)	0.5%

Source: SHEV.io

From 2018 to 2021, Ireland consistently represented 79.0% of the United Kingdom's total soybean oil and fractions exports by volume, demonstrating high market concentration. The remaining exports were distributed among various other countries.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from the United Kingdom in kind, 2018-2021

Source: SHEV.io

Exports in value, M $ US

Soybean oil and fractions exports from the United Kingdom increased for the second consecutive year in 2021, reaching 32.7 M $ US, a substantial 27.4% rise from 2020. The lowest export value occurred in 2019 at 21.7 M $ US, marking a 14.7% decline that year. Over the 2018-2021 period, exports grew by 28.9%, with an average annual growth rate of 8.8%.

Annual dynamics of product's exports from the United Kingdom in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(14.7%)	18.6%	27.4%	8.8%

Source: SHEV.io

Between 2018 and 2021, Ireland accounted for 71.8% of the United Kingdom's total soybean oil and fractions exports by value. The remaining export revenue was distributed across a diverse group of smaller trading partners.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from the United Kingdom in value, 2018-2021

Source: SHEV.io

Imports soybean oil and fractions to the United Kingdom

Imports in kind, K t

Following two years of decline, soybean oil and fractions imports to the United Kingdom increased in 2021, reaching 196.2 K t, a 9.9% rise from 2020. Imports hit their lowest point in 2020 at 178.6 K t, decreasing by 4.7% that year.

Annual dynamics of product's imports to the United Kingdom in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(3.9%)	(4.7%)	9.9%	0.2%

Source: SHEV.io

From 2018 to 2021, the Netherlands consistently absorbed 75.0% of the United Kingdom's total soybean oil and fractions imports by volume. The remaining imports were spread across a wide range of smaller source countries.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to the United Kingdom in kind, 2018-2021

Source: SHEV.io

Imports in value, M $ US

Soybean oil and fractions imports to the United Kingdom increased for the second consecutive year in 2021, reaching 230.8 M $ US, a sharp 62.0% rise from 2020. The lowest import value was recorded in 2019 at 140.8 M $ US, representing a 12.9% decline that year. Between 2018 and 2021, imports grew by 42.7%, with an average annual growth rate of 12.6%.

Annual dynamics of product's imports to the United Kingdom in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(12.9%)	1.2%	62.0%	12.6%

Source: SHEV.io

Over the 2018-2021 period, the Netherlands consistently accounted for 74.2% of the United Kingdom's total soybean oil and fractions imports by value, indicating high market concentration. The remaining import value was shared among various other countries.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to the United Kingdom in value, 2018-2021

Source: SHEV.io