Key Market Indicators
Brazil is set to increase its consumption of soybean oil by 2026, with an average annual growth rate of 0.3%. This puts the country in fourth place in terms of demand, behind India, China, and Brazil. Since 2017, the country has seen a 0.4% year-on-year rise in demand. Brazil's soybean oil production is also set to increase by 2026, with an average annual growth rate of 2%. This puts the country in third place in terms of production, behind the United States and Brazil. Since 1966, the country has seen a 5.4% year-on-year rise in supply. The United States, Brazil, and Argentina are the top three producers respectively.
