most popular soya bean oil production line in malaysia

   
most popular soya bean oil production line in malaysia
                                               
                                               
                                               
                                               
  • most popular soya bean oil production line in malaysia
Where does Malaysia import soybean oil?

Imports In 2022, Malaysia imported $142M in Soybean Oil, becoming the 33rd largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 287th most imported product in Malaysia. Malaysia imports Soybean Oil primarily from: China ($46.7M), Argentina ($27.3M), Thailand ($23M), Brazil ($14M), and Indonesia ($7.05M).

Why is the Malaysia soybean market struggling?

The Malaysia soybean market faces competition from palm oil and other oilseeds. Consumer perception of soybean products can be influenced by concerns over genetically modified organisms (GMOs). Ensuring a stable supply of non-GMO soybeans and addressing sustainability issues in soybean cultivation are critical challenges.

How much does Malaysia Soyabean oil cost?

In the years 2015, 2016, 2017, 2018 and 2019, the export prices of Soyabean oil from Malaysia per Kg were US$ 11.57, US$ 10.36, US$ 9.36, US$ 8.60 and US$ 7.99 respectively. In 2021 the export price was US$ 13.14 per Kg. For the year 2023, the predicted export price is US$ 11.45 per Kg. The Malaysia soyabean oil exports are classified as:

Which country exports soybean oil?

Soybean Oil ¡¯s highest export potential is South Korea. With an export gap of $2.09M. Soybean Oil ¡¯s highest import potential is Argentina with an import gap of $7.89M. See methodology. Find the latest exports, imports and tariffs for Soybean Oil trade in Malaysia.