Key Market Indicators
Consumption of soybean oil is expected to reach nearly zero thousand metric tons in 2021, a substantial decrease from the estimated zero thousand metric tons consumed in 2020. Gabon has overtaken the country, with an estimated zero thousand metric tons of soybean oil consumed. China, India and Brazil took the top three spots in the rankings for soybean oil consumption, with China in the number two slot, India in third and Brazil in fourth.