Key Market Indicators
Bolivia's soybean oil consumption is predicted to reach 26,000 metric tons by 2026, growing at an average rate of 0.7% year-on-year since 2017. In 2021, the country was ranked 59th, with Canada ahead at 25,000 metric tons. China, India, and Brazil were the top three in the ranking, respectively. Additionally, Bolivia's soybean oil production is expected to reach 574,000 metric tons by 2026, increasing at an average rate of 2% year-on-year since 1971. In 2021, the country was ranked 14th, with Indonesia in the lead at 509,870 metric tons. The United States, Brazil, and Argentina were the top three in the ranking, respectively.
