The global export market for Soya Bean Flour or Meal shows that the United States dominates with a substantial 79.39% share in USD value. Italy holds a distant second place with 5.99%. Smaller players like Portugal, India, and Bolivia have shares below 2%. Remarkably, Nigeria and Zambia have exhibited considerable growth, with 28.04% and 18.72% year-on-year increases respectively, while countries like Canada and China have experienced declines. Over the past five years, there has been significant market volatility with countries like Lithuania and Croatia showing impressive gains.
Future trends to watch include the increasing diversification of suppliers outside the United States as countries stabilize their production capacities and penetrate new markets. The focus on sustainable and alternative proteins may further influence export dynamics. Additionally, economic shifts and trade policies in emerging markets could alter the competitive landscape, encouraging new entrants aiding in revenue growth. Monitoring geopolitical developments will also prove crucial in this sector.
Top countries in Export of Soya Bean Flour or Meal Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 79.39 | 2023 | +2.5% | +1.15% | View data |
| 2 | 2 Italy | 5.99 | 2023 | +3.78% | +5.05% | View data |
| 3 | 3 Portugal | 1.49 | 2023 | +4.9% | +2.01% | View data |
| 4 | 4 India | 1.26 | 2023 | -6.73% | +3.35% | View data |
| 5 | 5 Bolivia | 1.2 | 2023 | -2.96% | -2.39% | View data |
| 6 | 6 Austria | 1.12 | 2023 | +1.87% | +2.06% | View data |
| 7 | 7 Serbia | 1.1 | 2023 | +1.87% | +1.76% | View data |
| 8 | 8 Malaysia | 1.08 | 2023 | +3.26% | +4.58% | View data |
| 9 | 9 Nigeria | 0.87 | 2023 | +4.15% | +28.04% | View data |
| 10 | 10 Australia | 0.42 | 2023 | +3.49% | +1.43% | View data |
