Market research

Soybean oilcake market in Europe

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Europe" region includes following countries:

Albania

Andorra

Bosnia and Herzegovina

Croatia

Gibraltar

Greece

the Holy See

Italy

Malta

Montenegro

Portugal

San Marino

Serbia

Slovenia

Spain

North Macedonia

Bulgaria

Belarus

Czechia

Hungary

Moldova

Poland

Romania

Russia

Slovakia

Ukraine

Denmark

Estonia

Faroe Islands

Finland

Åland Islands

Iceland

Ireland

Latvia

Lithuania

Norway

Sweden

the United Kingdom

Isle of Man

Austria

Belgium

France

Germany

Liechtenstein

Luxembourg

Monaco

the Netherlands

Switzerland

Earlier Report Observations

The European soybean oilcake market volume fluctuated between 2018 and 2023, reaching a high of nearly 32 million tons in 2019 before declining to 28.5 million tons by 2023. In value terms, movements were more pronounced, with the market falling from 118.6 billion US dollars in 2018 to 93.6 billion in 2019, then recovering to 119.9 billion in 2021, and dropping again to 94.2 billion in 2023, reflecting significant price volatility for soybean products.

Later in the period, the market was influenced by expanding European soybean cultivation, particularly in Germany where the harvested area more than doubled between 2016 and 2024. Increased global supply from a recovery in Argentine production and record Brazilian soybean meal exports contributed to greater availability and lower prices. Simultaneously, major players like ADM and Bunge invested in new high-oleic oil programs and advanced crushing facilities, aligning with a broader consumer shift towards healthier and more sustainable products.

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. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Europe
  1. 5.1.1. Annual dynamics of production in Europe in kind, 2018-2023, K t
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. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Albania in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Albania by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Albania in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Albania by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Albania, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Albania by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Albania in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Albania by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Albania in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Albania by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Albania, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Albania by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Albania in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Albania by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Albania in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Albania by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Albania, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Albania by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Albania in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Albania by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Albania in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Albania by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Albania, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Albania by countries, 2018-2024, $ 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, 2018-2024
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 oilcake in Europe

In kind, 2017-2020, K t

Top producers of soybean oilcake, 2017-2020

Source: SHEV.io

World map of production of soybean oilcake, 2017-2020

Source: SHEV.io

In 2020, Europe produced 16 624 K t of soybean oilcake, marking a 3.3% increase from the previous year. Over the 2017-2020 period, production grew by 70.3%, with a compound annual growth rate of 19.4%. The largest decline occurred in 2019 at 0.9%, while the most significant increase was in 2018 at 66.3%.

Annual dynamics of production in Europe in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	66.3%	(0.9%)	3.3%	19.4%

Source: SHEV.io

In value, 2017-2020, M $ US

The data shows irregular changes, reflecting a volatile market environment. Output value reached its lowest point in 2017 and peaked in 2018, representing a 1.8-fold difference. In 2020, soybean oilcake production in Europe was valued at 7 081 M $ US, up 3.9% from the previous year. The highest value was recorded in 2018 at 7 755 M $ US. The largest decline was in 2019 at 12.1%, while the biggest increase occurred in 2018 at 83.9%.

Annual dynamics of production in Europe in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	83.9%	(12.1%)	3.9%	18.9%

Source: SHEV.io

Exports soybean oilcake from Europe

Exports in kind, K t

Europe's soybean oilcake exports have increased for the third consecutive year. In 2020, exports reached 8 769 K t, showing a moderate 7.8% rise compared to 2019. Over the 2017-2020 period, exports grew by 27.3%, with a compound annual growth rate of 8.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.9%	11.6%	7.8%	8.4%

Source: SHEV.io

From 2017 to 2020, soybean oilcake exports from Europe were distributed across many countries. Switzerland accounted for 1.2% of exports in kind, Turkey for 1.0%, and Uzbekistan for 0.7%, together representing just 2.8% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

In 2020, Europe exported soybean oilcake worth 3 735 M $ US, an 8.4% increase from the previous year. Over the 2017-2020 period, exports grew by 25.5%, with a compound annual growth rate of 7.9%. The largest decline was in 2019 at 1.1%, while the biggest increase occurred in 2018 at 17.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	17.1%	(1.1%)	8.4%	7.9%

Source: SHEV.io

The structure of exports in value terms from 2017 to 2020 was diversified. Switzerland accounted for 1.6% of exports in value terms, Norway for 1.0%, and Turkey for 0.8%, together making up only 3.4% of total flows, with no single country holding a clearly dominant position.

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

Source: SHEV.io

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

Source: SHEV.io

Imports soybean oilcake to Europe

Imports in kind, K t

In 2020, Europe imported soybean oilcake totaling 22 202 K t, indicating a slight decrease of 2.4% year-over-year. Over the 2017-2020 period, imports declined by 2.8%, with a compound annual growth rate of -1.0%. The lowest volume was recorded in 2018 at 22 202 K t. The largest decline occurred in 2018 at 8.0%, while the biggest increase was in 2019 at 8.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.0%)	8.2%	(2.4%)	(1.0%)

Source: SHEV.io

From 2017 to 2020, Argentina, Brazil, and Paraguay were the primary suppliers of soybean oilcake to Europe. Argentina accounted for 32.7% of imports in kind, Brazil for 30.3%, and Paraguay for 3.1%, together representing 66.0% of total imports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

In 2020, Europe imported soybean oilcake valued at 9 702 M $ US, showing a 2.1% improvement compared to 2019. Over the 2017-2020 period, imports increased by 2.4%, with a compound annual growth rate of 0.8%. The highest value was recorded in 2018 at 10 277 M $ US. The largest decline was in 2019 at 7.6%, while the biggest increase occurred in 2018 at 8.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.4%	(7.6%)	2.1%	0.8%

Source: SHEV.io

From 2017 to 2020, Argentina, Brazil, and Paraguay consistently remained the main sources for imports in value terms. Argentina accounted for 31.4% of imports in value terms, Brazil for 29.8%, and Paraguay for 3.0%, together making up 64.2% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io