Table 08: Soybean Meal: World Supply and Distribution


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Table 08: Soybean Meal: World Supply and Distribution

Thousand Metric Tons
Date Created 09/10/2021 12:06:32 PM

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	2017/18	2018/19	2019/20	2020/21	Aug 2021/22	Sep 2021/22
Production	nr	nr	nr	nr	nr	nr
China	71,280	67,320	72,468	74,448	77,616	77,616
United States	44,657	44,283	46,358	45,957	47,219	46,629
Brazil	34,300	32,960	36,225	36,240	36,970	36,970
Argentina	28,450	31,250	29,870	31,450	33,150	33,150
European Union	11,297	11,850	12,324	12,727	12,569	12,569
India	6,160	7,680	6,720	7,520	7,760	7,760
Mexico	4,152	4,860	4,750	4,900	5,060	5,060
Other	31,891	33,649	36,502	36,511	38,342	38,701

Total	232,187	233,852	245,217	249,753	258,686	258,455

Imports	nr	nr	nr	nr	nr	nr
European Union	16,992	17,197	16,332	16,750	17,000	17,000
Vietnam	5,000	5,160	5,100	5,300	5,300	5,300
Indonesia	4,486	4,449	5,043	5,100	5,150	5,150
Thailand	3,191	2,889	2,854	2,750	2,670	2,670
Philippines	2,564	2,464	2,636	2,500	2,600	2,600
United Kingdom	1,933	2,160	2,134	2,200	2,250	2,250
Korea, South	1,846	1,855	1,992	1,940	2,000	2,000
Iran	1,544	2,542	618	1,900	1,900	1,950
Mexico	1,875	1,887	1,818	1,875	1,925	1,925
Japan	1,728	1,596	1,858	1,850	1,800	1,800
Other	21,647	20,697	21,592	21,889	21,691	22,591

Total	62,806	62,896	61,977	64,054	64,286	65,236

Exports	nr	nr	nr	nr	nr	nr
Argentina	26,265	28,833	27,461	28,200	29,500	29,500
Brazil	16,032	16,093	17,499	17,100	17,000	17,000
United States	12,717	12,141	12,550	12,791	12,882	12,882
Paraguay	2,628	2,333	2,138	2,050	2,250	2,250
Bolivia	1,653	1,638	1,700	1,700	1,700	1,700
Other	6,515	7,060	6,336	7,509	6,881	7,252

Total	65,810	68,098	67,684	69,350	70,213	70,584

Domestic Consumption	nr	nr	nr	nr	nr	nr
China	70,105	66,405	71,507	73,278	76,576	76,576
United States	32,237	32,901	34,443	33,816	34,699	34,109
European Union	27,742	27,942	28,317	28,592	28,592	28,592
Brazil	17,311	17,645	18,500	19,100	20,000	20,000
India	4,739	5,380	5,670	6,045	6,235	7,035
Mexico	5,950	6,650	6,725	6,750	7,000	7,000
Vietnam	6,151	6,021	5,995	6,120	6,220	6,220
Indonesia	4,450	4,625	4,960	5,100	5,150	5,150
Thailand	4,280	4,400	4,840	4,870	4,900	4,900
Egypt	3,200	3,400	3,650	3,900	4,200	4,150
Japan	3,541	3,522	3,595	3,612	3,690	3,690
Russia	3,400	3,500	3,500	3,550	3,625	3,625
Iran	3,250	3,350	3,400	3,500	3,550	3,600
Argentina	2,996	3,126	3,200	3,322	3,400	3,400
Korea, South	2,625	2,650	2,725	2,725	2,775	2,775
Other	36,852	37,810	39,733	41,418	42,108	42,180

Total	228,829	229,327	240,760	245,698	252,720	253,002

Ending Stocks	nr	nr	nr	nr	nr	nr
Brazil	4,296	3,540	3,776	3,831	3,716	3,816
Argentina	2,744	2,062	1,272	1,200	1,650	1,450
European Union	510	862	326	411	588	538
United States	504	365	310	408	454	454
India	215	379	566	481	336	336
Other	6,331	6,715	6,423	5,101	4,848	4,943

Total	14,600	13,923	12,673	11,432	11,592	11,537

Most countries are on an October/September Marketing Year (MY). The Mexico and Thailand are on a September/August MY. Canada is on an August/July MY. Paraguay, Vietnam and the Philippines are on a January/December MY and Bolivia is on a March/February MY.