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soyabeans-profile

October 14, 2020

Product Name:     –          Soya Beans

Botanical Name:  –          Glycine Max

HS Code:              –          120100

 

Brief Product Description:

The soybean or soya bean is a species of legume native to East Asia, widely grown for its edible bean which has numerous uses. The plant is classed as an oilseed rather than a pulse by the UN Food and Agricultural Organization. Soyabeans occur in various sizes, and in many huller seed coat colors, including black, brown, blue, yellow, green and mottled. The hull of the mature bean is hard, water-resistant, and protects the cotyledon and hypocotyls (or “germ”) from damage.

 

Major Producing Areas:

  • Benue
  • Kaduna
  • Kano
  • Katsina
  • Niger
  • Plateau
  • Taraba

 

Estimated Production Figure

758,033MT (FAO 2018)

 

Quality Standard:

Protein content       –         35-40%

Oil content             –          20%

 

Packaging:

Clean propylene woven bags (pp) are used in packaging soya beans

 

Uses:

  • Production of milk
  • cooking oil
  • animal feed
  • treatment of malnourished children.

 

Importing Countries:

  • Greece
  • Italy
  • Morocco
  • Nepal
  • Russia
  • Vietnam
  • Turkey

 

Export Potential of Soyabeans

According to the  Export Potential Map (ITC), The markets with greatest potential for Nigeria’s exports of 1201 Soya beans are “China”, “Japan” and “Turkey”. China shows the largest absolute difference between potential and actual exports in value terms, leaving room to realize additional exports worth $22.7 mn Nigeria has closest export links with Nepal. China is the market with the highest demand potential for 1201 Soya beans.