Key Market Indicators
Angolan consumption of soybean oil is on the rise. In 2021, the demand for the product is estimated at 86 thousand metric tons, a 1% year-on-year increase from 2017. This puts Angola in the number thirty spot, while Peru sits atop the rankings with 86 thousand metric tons. China, India and Brazil make up the second, third and fourth spots, respectively. By 2026, Angolan consumption is predicted to reach 91 thousand metric tons, with a year-on-year growth rate of 1%.
