Key Market Indicators
Tanzanian soybean oil consumption is forecast to reach 360 thousand metric tons by 2026, a 27.7% decrease from 2021's two thousand metric tons. This would mark a 12.6% drop from 2017 levels. In 2021, Tanzania ranked 96th in world soybean oil consumption, behind Ukraine at two thousand metric tons. China, India, and Brazil were the top three consumers, with China in the lead.