The year-on-year variations for 2023 indicate that Argentina leads in global soybean oil stock variation share with stability, while Brazil and Iran maintain their positions without significant changes. Notable increases in stock variation are observed in Mozambique, Bangladesh, and Zimbabwe. South African stocks grew substantially, while significant reductions occurred in Russia and the Netherlands. Argentina, Brazil, and Iran are key markets with relatively stable positions, while Bangladesh and South Africa show promise for more significant stock increases.
Future trends to watch include potential consolidations in leading markets, such as Argentina and Brazil, while emerging markets in Africa and Southeast Asia may see rising variation levels driven by increased local demand and production capabilities.
Top countries in Soybean Oil Stock Variation Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Argentina | 35.28 | 2023 | +3.23% | View data | |
| 2 | 2 Brazil | 11.02 | 2023 | +12.9% | View data | |
| 3 | 3 Mozambique | 9.13 | 2023 | +6.42% | +4.3% | View data |
| 4 | 4 Iran | 7.09 | 2023 | +18.42% | View data | |
| 5 | 5 Bangladesh | 6.38 | 2023 | +5.19% | +6.19% | View data |
| 6 | 6 North Korea | 5.67 | 2023 | +4.35% | View data | |
| 7 | 7 Poland | 5.35 | 2023 | +4.62% | +3.23% | View data |
| 8 | 8 Zimbabwe | 5.28 | 2023 | +4.69% | +4.41% | View data |
| 9 | 9 Morocco | 5.04 | 2023 | +4.92% | +2.34% | View data |
| 10 | 10 Indonesia | 4.8 | 2023 | +7.02% | View data |
