hottest selling soybean oil market in Zambia

Soybean Oil in Zambia The Observatory of Economic

  • hottest selling soybean oil market in Zambia
  • hottest selling soybean oil market in Zambia
  • hottest selling soybean oil market in Zambia
  • hottest selling soybean oil market in Zambia

Soyabean expansion and smallholder livelihoods in rural Zambia

Building competitive agricultural markets for Zambia

Zambia Soybean Oil Market (2024-2030) Trends, Outlook

Soya Beans Production in Zambia: Opportunities

  • Where does Zambia import soybean oil?
  • Imports In 2021, Zambia imported $39.3M in Soybean Oil, becoming the 54th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 37th most imported product in Zambia. Zambia imports Soybean Oil primarily from: South Africa ($23.1M), Argentina ($6.47M), Mauritius ($5.45M), Malaysia ($2.33M), and Mozambique ($1.62M).
  • Can Zambia replace soybean imports with competitive local production?
  • Despite the substantial increase in soybean production in Zambia, the country's imports of refined vegetable oil have surged from $13 million in 2018 to nearly $60 million in 2022, as depicted in Figure 5. This data highlights a substantial market opportunity for Zambia to replace these imports with competitive local production.
  • Which countries import soybean oil in 2021?
  • The fastest growing export markets for Soybean Oil of Zambia between 2020 and 2021 were Zimbabwe ($464k), Tanzania ($439k), and Republic of the Congo ($47.5k). Imports In 2021, Zambia imported $39.3M in Soybean Oil, becoming the 54th largest importer of Soybean Oil in the world.
  • Is Soya a profitable crop in Zambia?
  • Abstract: The soya bean production opens doors of opportunities for Zambian farmers. Notably, the climate in Zambia is largely favourable for soya production and the arable land is vast enough to accommodate future expansion. Most importantly, soya is a very profitable crop.

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