| Product Code: ETC5022085 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Between 2023 and 2024, Benin experienced a significant decline in soybean imports, with a growth rate of -95.09%. However, the compound annual growth rate (CAGR) for the period from 2020 to 2024 stood at 88.99%. This drastic decrease in imports could be attributed to fluctuating demand dynamics or shifts in trade policies affecting the Benin soybean market.

By 2027, the Soybean market in Benin is anticipated to reach a growth rate of 12.04%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin Soybean Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Soybean Market Revenues & Volume, 2022 & 2032F |
3.3 Benin Soybean Market - Industry Life Cycle |
3.4 Benin Soybean Market - Porter's Five Forces |
3.5 Benin Soybean Market Revenues & Volume Share, By Applications, 2022 & 2032F |
4 Benin Soybean Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for soybean products in Benin due to their nutritional value and versatility in food processing. |
4.2.2 Government support and initiatives to promote soybean cultivation and processing in the country. |
4.2.3 Growing awareness among farmers about the benefits of soybean cultivation in terms of crop rotation, soil fertility, and profitability. |
4.3 Market Restraints |
4.3.1 Limited technological advancements and infrastructure in soybean cultivation and processing in Benin. |
4.3.2 Fluctuations in global soybean prices impacting the profitability of local farmers and processors. |
4.3.3 Challenges related to pest and disease management affecting soybean yields and quality in Benin. |
5 Benin Soybean Market Trends |
6 Benin Soybean Market Segmentations |
6.1 Benin Soybean Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Benin Soybean Market Revenues & Volume, By Crush, 2022-2032F |
6.1.3 Benin Soybean Market Revenues & Volume, By Feed Use, 2022-2032F |
6.1.4 Benin Soybean Market Revenues & Volume, By Food Use, 2022-2032F |
7 Benin Soybean Market Import-Export Trade Statistics |
7.1 Benin Soybean Market Export to Major Countries |
7.2 Benin Soybean Market Imports from Major Countries |
8 Benin Soybean Market Key Performance Indicators |
8.1 Average yield per hectare of soybean cultivation in Benin. |
8.2 Percentage of arable land in Benin allocated to soybean cultivation. |
8.3 Adoption rate of modern agricultural practices and technologies in soybean cultivation in Benin. |
9 Benin Soybean Market - Opportunity Assessment |
9.1 Benin Soybean Market Opportunity Assessment, By Applications, 2022 & 2032F |
10 Benin Soybean Market - Competitive Landscape |
10.1 Benin Soybean Market Revenue Share, By Companies, 2025 |
10.2 Benin Soybean Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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