popular sell soybean oil production line in durban

   
popular sell soybean oil production line in durban
                                               
                                               
                                               
                                               
  • popular sell soybean oil production line in durban
  • Where is soybean produced in South Africa?
  • Production perspective Soybean is produced throughout the country, but significant production takes place in the Free State and Mpumalanga provinces. South African soybean production has always varied throughout the years, but mostly above the domestic demand (see Graph 1 ).
  • What is the global soybean oil market size?
  • The global soybean oil market size was USD 46.72 billion in 2020 and is projected to grow from USD 48.16 billion in 2021 to USD 60.08 billion by 2028, exhibiting a CAGR of 3.21% during the forecast period. Asia Pacific dominated the global market with a share of 45.99% in 2020.
  • Does South Africa still import soybean oil?
  • Despite the increasing levels of soybean production, South Africa still imports considerable volumes of soybean oilcake and oil, and there is still considerable scope for production increases in order to substitute these imports. In fact, South Africa¡¯s domestic soybean production is only a third of the country¡¯s crushing capacity.
  • Does South Africa export soybean oilcake?
  • South Africa is a small player given the soybean oilcake export market. In the past five years the industry has exported an average of 39 443 tons of oilcake. All exports were destined for the African markets, mainly Botswana, Mozambique, Namibia, Lesotho and Angola. South Africa also imports significant volumes of soybean oil.