Key Market Indicators
Algeria is set to consume 366.71 thousand metric tons of soybean oil by 2026, up 0.9% year-on-year. Since 2017, the country's demand has risen 0.8% annually. In 2021, Algeria was the 14th largest consumer of soybean oil, with 348 thousand metric tons. Egypt surpassed the country this year, coming in 14th place with 348 thousand metric tons. China, India and Brazil were ranked second, third and fourth respectively.