Key Market Indicators
Ethiopian soybean oil consumption is set to reach 8 thousand metric tons by 2026. This marks a 2.7% average year-on-year growth from the 7 thousand metric tons consumed in 2021. Since 2017, the demand for soybean oil in Ethiopia has grown by an average of 5.3% year-on-year. In 2021, the country ranked 83rd in this ranking, with El Salvador consuming slightly more at 7 thousand metric tons. China, India and Brazil followed in the rankings at second, third and fourth place respectively.
