Soybean oilcake market in the Netherlands

Earlier Report Observations

The market for soybean oilcake in the Netherlands exhibited a volatile trajectory between 2018 and 2023, with total volume declining overall from 2 091 тыс. т to 1 742 тыс. т. This represented a contraction of approximately 16.7% across the six-year period, characterized by alternating phases of decline and recovery rather than a steady trend.

Following an initial reduction of 9.3% in 2019 and a further 5.0% drop in 2020, market volume rebounded by 9.5% in 2021 and grew an additional 7.5% in 2022. This recovery was abruptly reversed in 2023, when the market contracted by 18.0%, falling to its lowest point in the observed period and erasing the gains of the previous two years.

In value terms, the market shrank sharply from 308 млн $ in 2018 to 125 млн $ in 2020, suggesting concurrent shifts in unit prices or trade composition, though comprehensive monetary data beyond 2020 is unavailable for full period analysis.

Production soybean oilcake in the Netherlands

In value, 2018-2021, M $ US

In 2020, soybean oilcake production in the Netherlands was valued at 474.6 million US dollars, marking a modest 7.1% increase from the previous year. However, looking at the broader period from 2018 to 2020, overall production actually decreased by 6.5%, which translates to an average annual decline of 2.2%. The lowest value during this timeframe was recorded in 2019 at 443.2 million US dollars, when production saw its sharpest drop of 12.7%.

Annual dynamics of production in the Netherlands in value, 2018-2021, M $ US

In kind, 2018-2021, K t

From 2018 to 2021, the Netherlands held the 12th position globally in soybean oilcake production.

Top producers of soybean oilcake, 2018-2021

World map of production of soybean oilcake, 2018-2021

In 2020, the Netherlands produced 2,360 thousand tonnes of soybean oilcake, representing a controlled reduction of 6.7% compared to 2019. Over the three-year span from 2018 to 2020, production fell by 6.5%, with an average annual decrease of 2.2%. The lowest output was recorded in 2021 at 2,360 thousand tonnes, which also saw the largest decline of 6.7%.

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

Exports soybean oilcake from the Netherlands

Exports in kind, K t

Following two years of growth, soybean oilcake exports from the Netherlands declined in 2021. That year, exports totaled 2,832 thousand tonnes, down 13.1% year-over-year. Over the period from 2018 to 2021, exports decreased by 9%, averaging a 3.1% annual decline. The peak was reached in 2020 at 3,260 thousand tonnes, which also experienced the largest increase of 3.5%.

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

From 2018 to 2021, Germany, Belgium, and the United Kingdom formed the core markets for soybean oilcake exports from the Netherlands in volume terms. Germany accounted for 38.8% of exports, Belgium for 31.1%, and the United Kingdom for 11.1%, collectively representing 80.9% of total export flows.

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

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

Exports in value, M $ US

Cross-border shipments of soybean oilcake from the Netherlands increased for the second consecutive year in 2021, with exports valued at 1,376 million US dollars, up 2.5% from the previous year. Over the period from 2018 to 2021, exports grew by 3.1%, averaging a 1.0% annual increase. The lowest value was recorded in 2019 at 1,302 million US dollars, which saw the largest decline of 2.4%. In contrast, 2020 posted the largest increase of 3.1%.

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

From 2018 to 2021, Germany, Belgium, and the United Kingdom remained the top buyers of soybean oilcake from the Netherlands in value terms. Germany led with 41.1% of exports, followed by Belgium at 28.4% and the United Kingdom at 10.4%, together accounting for 79.9% of total export value.

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

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

Imports soybean oilcake to the Netherlands

Imports in kind, K t

Soybean oilcake imports into the Netherlands declined for the third consecutive year in 2021, with import volume totaling 2,446 thousand tonnes, a 3.4% drop from 2020. Between 2018 and 2021, imports decreased by 8.8%, averaging a 3.0% annual decline.

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

From 2018 to 2021, Brazil consistently dominated soybean oilcake imports into the Netherlands in volume terms, accounting for 72.0% of total imports. This high concentration left the remaining share distributed among other countries.

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

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

Imports in value, M $ US

After two years of decline, soybean oilcake imports into the Netherlands rebounded in 2021. The total import value that year was 1,192 million US dollars, reflecting a strong 20.0% increase from the prior year. Over the period from 2018 to 2021, imports rose by 5%, with an average annual growth rate of 1.6%. The lowest value was recorded in 2020 at 993 million US dollars, while the largest decline occurred in 2019 at 11.3%.

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

From 2018 to 2021, Brazil and Argentina formed a dominant pair in soybean oilcake imports into the Netherlands in value terms, jointly accounting for 83.5% of total flows. Other countries made up the residual share.

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

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