Key Market Indicators
Bahamian soybean oil consumption is projected to reach 1.4 thousand metric tons by 2026. This is a 4.8% yearly growth rate from the 1 thousand metric tons consumed in 2021. Since 2020, Bahamian demand has stayed the same. The country ranked 102nd in 2021, with Lesotho overtaking at 1 thousand metric tons. The top three countries in the ranking were China, India, and Brazil.