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AgricultureRegional Aggregate

Soybean Oil Productionin Oceania

– Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes.

Oceania Soybean Oil ProductionThousand Tonnes · 2015–2023

AustraliaAustralia: 7.807.80
86422015: 5.502016: 6.202017: 5.502018: 4.902019: 3.302020: 2.70Trough2021: 4.202022: 6.902023: 7.80Peak20152017201920212023
Australia: 7.801countries
Australia7.80
Source: Our World in DataLast updated: July 2026

What Oceania Soybean Oil Production shows

Oceania Soybean Oil Production was 7.80 Thousand Tonnes in 2023, up 13% on 2022. The Oceania Soybean Oil Production dataset provides a comprehensive assessment of the region's soybean oil manufacturing performance and the development of its edible oil processing industry between 2015 and 2023.

Trend

Rising to a series high

Oceania Soybean Oil Production moved from 5.50 Thousand Tonnes in 2015 to 7.80 Thousand Tonnes in 2023 (+41.8%), an average of +4.5% a year. The series high was 7.80 Thousand Tonnes in 2023 and the low 2.70 Thousand Tonnes in 2020.

Volatility

A 65.4% peak-to-trough swing

The gap between the series high (2023) and low (2020) is 5.10 Thousand Tonnes. The sharpest single-year move was +64.3% in 2022.

Structure

Australia leads the region

Within Oceania, Australia has the highest value in 2023 at 7.80 Thousand Tonnes, 100% of the regional total.

Country ranking

Soybean Oil Production by country, 2023

Thousand Tonnes. Sort by any column, or search for a country.

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Soybean Oil Production by country, 2023.
Rank↕ Country↕ Share of top Thousand Tonnes↕ vs 2022
1 Australia
7.80 +13%

By region

Soybean Oil Production by region

Thousand Tonnes, 2023. Each bar is that region's total.

America
31,022
Asia
23,012
Europe
4,410
Africa
1,460

Full series

Oceania Soybean Oil Production by year

Complete annual series with year-on-year change. Values are reported in Thousand Tonnes.

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Oceania Soybean Oil Production, 2015–2023, Thousand Tonnes.
YearThousand TonnesChange vs prior year
2023Peak 7.80 +13%
2022 6.90 +64.3%
2021 4.20 +55.6%
2020 Trough2.70 −18.2%
2019 3.30 −32.7%
2018 4.90 −10.9%
2017 5.50 −11.3%
2016 6.20 +12.7%
2015 5.50 —

Data definition

Inclusions and exclusions

Soybean Oil Production — – Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes. The indicator reflects the scale of soybean processing and edible oil manufacturing and is used to assess agricultural processing capacity, oilseed utilization, and the performance of the vegetable oil industry. The data presented by Our World in Data is based on statistics from the Food and Agriculture Organization (FAO).

Inclusions

The data includes the annual production of soybean oil extracted from soybeans through mechanical pressing and solvent extraction processes. It covers crude and refined soybean oil produced for human consumption, food manufacturing, industrial applications, and export. The figures represent domestic production compiled from official agricultural and food processing statistics and standardized by the FAO to ensure international comparability across countries and years.

Exclusions

The data excludes soybean cultivation and production, soybean meal, biodiesel production, other vegetable oils (such as palm, sunflower, rapeseed, or olive oil), soy-based food products, imports and exports of soybean oil, and stock changes. It also excludes informal or unrecorded production not captured in official agricultural statistics and losses occurring during storage, transportation, or distribution after production.

About this indicator

Soybean Oil Production — – Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes. The indicator reflects the scale of soybean processing and edible oil manufacturing and is used to assess agricultural processing capacity, oilseed utilization, and the performance of the vegetable oil industry. The data presented by Our World in Data is based on statistics from the Food and Agriculture Organization (FAO).

Measured in Thousand Tonnes, the dataset serves as a key benchmark for evaluating oilseed processing capacity, soybean utilization, agricultural productivity, food manufacturing output, supply chain efficiency, and the performance of Oceania's edible oil sector. Based on the validated data, Australia, the region's sole soybean oil producer in this dataset, recorded fluctuating production levels throughout the study period. Regional production increased from 5.50 thousand tonnes in 2015 to 6.20 thousand tonnes in 2016, before declining to 5.50 thousand tonnes in 2017, 4.90 thousand tonnes in 2018, 3.30 thousand tonnes in 2019, and reaching a study-period low of 2.70 thousand tonnes in 2020. Production recovered to 4.20 thousand tonnes in 2021, increased further to 6.90 thousand tonnes in 2022, and reached a study-period high of 7.80 thousand tonnes in 2023. Overall, the dataset highlights a period of initial decline followed by a strong recovery in regional soybean oil production, reflecting improvements in processing activity during the latter years. It provides valuable insights into production trends, manufacturing performance, and agricultural value addition within Oceania's edible oil sector. The dataset supports year-over-year analysis, regional and global benchmarking, and long-term forecasting. Policymakers, soybean processors, edible oil manufacturers, agricultural producers, exporters, investors, market analysts, and researchers can use the data to assess production performance, monitor industry trends, identify investment opportunities, improve processing efficiency, strengthen supply chain resilience, and support evidence-based strategies for sustainable growth across Oceania's soybean oil value chain.

Indicator
Soybean Oil Production
Region
Oceania
Unit
Thousand Tonnes
Coverage
2015–2023, annual
Category
Agriculture
Last updated
July 2026
Source
Our World in Data

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Frequently asked questions

What is Oceania Soybean Oil Production?

Definition – Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes. The indicator reflects the scale of soybean processing and edible oil manufacturing and is used to assess agricultural processing capacity, oilseed utilization, and the performance of the vegetable oil industry. The data presented by Our World in Data is based on statistics from the Food and Agriculture Organization (FAO).

What was Oceania Soybean Oil Production in 2023?

Oceania Soybean Oil Production was 7.80 Thousand Tonnes in 2023, up 13% on 2022.

How has Oceania Soybean Oil Production changed between 2015 and 2023?

Oceania Soybean Oil Production moved from 5.50 Thousand Tonnes in 2015 to 7.80 Thousand Tonnes in 2023 (+41.8%), an average of +4.5% a year. The series high was 7.80 Thousand Tonnes in 2023 and the low 2.70 Thousand Tonnes in 2020.

Which year had the highest and lowest Oceania Soybean Oil Production?

The highest value was 7.80 Thousand Tonnes in 2023 and the lowest was 2.70 Thousand Tonnes in 2020.

What does the Oceania Soybean Oil Production data include and exclude?

Included: The data includes the annual production of soybean oil extracted from soybeans through mechanical pressing and solvent extraction processes. It covers crude and refined soybean oil produced for human consumption, food manufacturing, industrial applications, and export. The figures represent domestic production compiled from official agricultural and food processing statistics and standardized by the FAO to ensure international comparability across countries and years. Excluded: The data excludes soybean cultivation and production, soybean meal, biodiesel production, other vegetable oils (such as palm, sunflower, rapeseed, or olive oil), soy-based food products, imports and exports of soybean oil, and stock changes. It also excludes informal or unrecorded production not captured in official agricultural statistics and losses occurring during storage, transportation, or distribution after production.

Where does the Oceania Soybean Oil Production data come from?

The series is sourced from Our World in Data (https://ourworldindata.org/explorers/global-food?time=2023&country=USA~DEU~FRA~GBR~BRA~ZAF%3BhideControls&Food=Soybean+oil&Metric=Production&Per+capita=false). It covers 2015–2023 and is reported in Thousand Tonnes.

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