Market research

Soybean oilcake market in MENA

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"MENA" region includes following countries:

Algeria

Bahrain

Djibouti

Egypt

Israel

Jordan

Iran

Iraq

Qatar

Kuwait

Lebanon

Libya

Malta

Morocco

the United Arab Emirates

Oman

Saudi Arabia

Syria

Tunisia

Yemen

Earlier Report Observations

The soybean oilcake market volume in MENA grew from 12.6 million tons in 2018 to a peak of 13.8 million tons in 2020, then contracted sharply to 11.8 million tons in 2021. A partial recovery followed in 2022, bringing the volume to 12.4 million tons, before another decline to 11.8 million tons in 2023.

In 2024, consumption fell by 1.5% to 19 million tons, ending a three-year rising trend, while average import and export prices dropped significantly to $446 and $512 per ton respectively. This downturn coincided with broader global influences such as technological advancements in oil extraction and shifting consumer preferences towards plant-based proteins, which shape long-term demand but did not prevent the short-term market contraction.

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 MENA
  1. 5.1.1. Annual dynamics of production in MENA 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 Algeria in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Algeria 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 Algeria in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Algeria 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 Algeria, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Algeria 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 Algeria in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Algeria 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 Algeria in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Algeria 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 Algeria, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Algeria 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 Algeria in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Algeria 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 Algeria in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Algeria 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 Algeria, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Algeria 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 Algeria in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Algeria 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 Algeria in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Algeria 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 Algeria, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Algeria 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 MENA

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

Soybean oilcake production in the MENA region has increased for the third consecutive year. In 2020, production reached 6 862 K t, marking an 11.6% gain compared to 2019. Between 2017 and 2020, production grew by 53.5%, which translates to an annualized rate of 15.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	30.2%	5.6%	11.6%	15.4%

Source: SHEV.io

In value, 2017-2020, M $ US

In 2020, the output of soybean oilcake in MENA was valued at 2 892 M $ US, showing a solid improvement of 18.6% from 2019. Over the period from 2017 to 2020, production increased by 51.7%, with a compound annual growth rate (CAGR) of 14.9%. The largest decline occurred in 2019 at 7.9%, while the largest increase was in 2018 at 38.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	38.9%	(7.9%)	18.6%	14.9%

Source: SHEV.io

Exports soybean oilcake from MENA

Exports in kind, K t

Foreign soybean oilcake supplies from the MENA region have increased for the third consecutive year. In 2020, exports stood at 128 K t, reflecting a sharp gain of 49.2% compared to 2019. Between 2017 and 2020, exports rose by 63.8%, equating to an annualized rate of 17.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.7%	8.0%	49.2%	17.9%

Source: SHEV.io

From 2017 to 2020, Romania and Afghanistan were the top markets for soybean oilcake exports in kind from MENA, together accounting for 4.3% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

In 2020, soybean oilcake exports from MENA amounted to 54 M $ US, indicating a dramatic gain of 58.5% compared to the previous year. Between 2017 and 2020, exports increased by 61.8%, which corresponds to an annualized rate of 17.4%. The largest decline was recorded in 2019 at 5.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.4%	(5.8%)	58.5%	17.4%

Source: SHEV.io

During 2017–2020, Romania and Afghanistan remained the largest destinations for soybean oilcake exports in value terms from MENA, with a combined share of 4.1% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports soybean oilcake to MENA

Imports in kind, K t

MENA imported approximately 7 112 K t of soybean oilcake in 2020, which is 5.8% lower than in 2019. Over the period from 2017 to 2020, imports decreased by 5.1%, with a compound annual growth rate (CAGR) of -1.7%. The minimum value was recorded in 2018 at 6 877 K t, while the maximum was in 2019 at 7 549 K t. The largest decline occurred in 2018 at 8.2%, and the largest increase was in 2019 at 9.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.2%)	9.8%	(5.8%)	(1.7%)

Source: SHEV.io

From 2017 to 2020, Argentina (54.7% of imports in kind), the United States (8.8% of imports in kind), and Turkey (8.6% of imports in kind) together accounted for 72.0% of total imports in kind, serving as the main sources for soybean oilcake to MENA.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

MENA's volume of soybean oilcake imports declined for the second consecutive year. In 2020, imports amounted to 2 746 M $ US, down by 5.1% compared to 2019. Over the period from 2017 to 2020, imports decreased by 3%, with a compound annual growth rate (CAGR) of -1.0%. The maximum value was recorded in 2018 at 2 955 M $ US, and the largest increase occurred in 2018 at 4.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.4%	(2.0%)	(5.1%)	(1.0%)

Source: SHEV.io

In 2017–2020, Argentina (51.7% of imports in value terms), the United States (9.0% of imports in value terms), and Turkey (8.9% of imports in value terms) accounted for the largest share of imports in value terms, together comprising 69.6% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io