South Africa
Data
World Bank · Pink Sheet

Soybean oil

US crude degummed, Gulf export price

1 615 US$/tPrice · September 2026
-1,5%1 month
+39,3%12 months
+15,4%5 years

Monthly price since 2000

US$/t

Annual average price

US$/t
YearPrice
20251 140
20241 022
20231 119
20221 667
20211 386
2020838
2019766
2018789
2017851
2016815
2015756
2014906
20131 055
20121 226
20111 298
20101 001
2009853
20081 261
2007886
2006599

The last 24 months

US$/t
MonthPrice
September 20261 615
August 20261 639
July 20261 658
June 20261 740
May 20261 781
April 20261 643
March 20261 493
February 20261 282
January 20261 154
December 20251 116
November 20251 128
October 20251 132
September 20251 159
August 20251 245
July 20251 307
June 20251 178
May 20251 163
April 20251 120
March 20251 011
February 20251 069
January 20251 048
December 20241 064
November 20241 145
October 20241 095

Who produces it: world production in 2023

Countries with recorded production: 107

322 900South Africa · Tonnes
21 / 107World rank
0,5%Share of world
CountryTonnesShare of world
China17 356 20029%
United States12 227 00020%
Brazil10 890 98918%
Argentina5 275 6418,8%
India2 093 0003,5%
Russia1 015 9001,7%
Mexico993 7911,7%
Paraguay634 4001,1%
Germany606 5001,0%
Spain579 4001,0%

World production since 2000

Largest exporters in 2024

CountryTonnesShare of worldExport value (million US$)
Argentina5 617 87544%5 270
Brazil1 368 37411%1 312
Netherlands521 1784,1%531
Paraguay496 9043,9%409
Russia483 6303,8%428
United States456 2413,6%520
Bolivia427 0973,4%391
Ukraine386 8053,0%317
Türkiye385 4443,0%350
Spain330 7342,6%324

Other food commodities

WheatMaizeRiceSoybeansPalm oilSunflower oilRapeseed oilCoffee, ArabicaCoffee, RobustaCocoaTeaSugarBananasOrangesBeefChicken

These are prices on international markets, in US dollars, not shop prices: changes take months to reach the shelves, and exchange rates, transport and local costs count just as much.

Source: World Bank Commodity Price Data (The Pink Sheet), update of 2 October 2026, CC BY 4.0 · Shelfpedia calculations: changes over one month, twelve months and five years.

Source: FAOSTAT, Crops and livestock products — production (update of 23 December 2025) and trade (update of 23 July 2026), compiled by FAO, CC BY 4.0 · Shelfpedia calculations: shares and ranks.