![]() ![]() China holds the fourth position chiefly owing to large areas under crops: last year 18 mln t of soybean were harvested on 9 mln ha. In 2019, the US previously leading the world ranking in the past decade moved to 2nd place having ceded the Brazilian championship. In Argentina, 17.5 mln ha were sown and 51 mln t of the crop was harvested. This growth will be driven by two factors: the projected yield growth in the US and acreage expansion in Brazil.īrazil tops the list due to its sizable areas: 124 mln t of soybean were harvested on 36.9 mln ha. As projected by the USDA analysts, in the 2020/21 season soybean production will reach 362.8 mln t. Soybean production is domineered by Brazil, the US and Argentina, which account for 81% of global output. In Ukraine, soybean yielded 2.4 t/ha in 2019.Īccording to the March 2020 data of Kleffmann Group, soybean production reached 336 mln t in 2019, having increased by 26 mln t or 8% within five years. Italy is the absolute European leader in terms of production volume. Fourth and fifth places are held by the EU member states (2.9 t/ha) and Paraguay (2.8 t/ha). The same market share is held by Bolivia, Nigeria, Uruguay, the EU and the Republic of South Africa (RSA).īrazil demonstrated the highest yield in 2019 - 3.3 t/ha, the USA and Argentina have practically the same level of 3.2 and 3 t/ha, respectively. Ukraine ranks 9th with 1.550 mln ha under crop representing 1% of the world areas. Five countries-leaders by production areas cover 106 mln ha, accounting for more than 85% of all sown areas in the world. According to Kleffmann Group, the total global sown area in 2019 reached 122 mln ha. For example, the production of soybean oil alone has boosted by 63% in the last five years.ĭepending on the demand, the dynamics of soybean production and sown areas have their own trends. Each year soybean products are becoming more common worldwide. ![]() South-East Asia with its long frost-free period, humid and hot summers is its natural habitat. This oilseed crop belongs to the relatively drought-tolerant group. On a global scale, soybeans are equally important as wheat, rice and corn. Infographic guide Ukrainian Agribusiness 2018/19 download ![]()
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