Key Market Indicators
Mongol Soybean Oil consumption is expected to drop slightly over the next five years. In 2021, the country consumed 4 thousand metric tons of the product. This was the same as the 2017 figure and ranked Mongolia 89th in the world. Honduras was the highest consumer with 4 thousand metric tons. China, India and Brazil were the second, third and fourth largest consumers. By 2026, Mongol Soybean Oil consumption is projected to reach 3.6 thousand metric tons. This is a reduction of 1.3% per year on average.
