In 2011-2015, oilseeds sales in the world increased by 11.4% and amounted to 621.6 million tons by the end of 2015. The growth in sales of oilseeds over the period was due to an increase in their consumption, primarily in the food industry. This is evidenced by a significant increase in soybean sales in recent years.
Soybean prevails in the structure of sales of oilseeds in the world: in 2011-2015, its share accounted for an average of 49.4% of total sales. Over the period, sales of soybeans increased from 271.5 million tons in 2011 to 321.3 million tons in 2015. The widespread use of soy in the food industry is due to the high content of protein, essential amino acids and vegetable fat. Soybean seeds are used to make soy flour, butter, milk, soy paste, tofu (bean curd), sauces and other products. Due to the high protein content, soy is used in the manufacture of meat substitutes for vegetarians.
Significant shares in oilseed sales were also occupied by cotton and rapeseed. Cotton accounted for an average of 16.5% of total sales for the period, while rapeseed accounted for 13.9%. At the same time, it is worth noting that the sales of rapeseed for 2011-2015 increased by 9.1 million tons, while cotton sales, on the contrary, decreased by 1.4 million tons.
According to the forecasts of BusinesStat, in 2016-2020 natural sales of oilseeds in the world will grow at a rate of 2.2-2.7% per year and in 2020 will amount to 700.9 million tons. Soybean will still prevail in the structure of sales of oilseeds.
“Analysis of the global oilseed market in 2011-2015, forecast for 2016-2020” includes the most important data necessary for understanding the current global market conditions and assessing its development prospects:
Economy and population
Gross collection of oilseeds
Sown area and yield of oilseeds
External and internal trade in oilseeds
Import and export of oilseeds
Foreign trade prices of oilseeds
In the review, the information is detailed by types of oilseeds:
The review provides current data for more than 100 countries of the world and a forecast for the 25 leading countries of the world oilseed market.
Leading countries: USA, China, Japan, Germany, France, Great Britain, India and other countries of the world.
In preparing the review used statistical information:
United Nations Statistics Division
National Agencies and Compendia
International Trade Center
International Monetary Fund
Organization for Economic Cooperation and Development
World Trade Organization
Food and Agriculture Organization of the United Nations
Along with the official statistics, the review contains the results of BusinesStat research:
Analysis of open market information on oilseeds
Survey of agricultural experts
Categories: Agriculture / Seeds & Seedlings / Seeds
The whole world