Key Market Indicators
Swiss soybean oil consumption is projected to remain flat at 8,000 metric tons by 2026, with no change in average rate since 2017. In 2021, Switzerland ranked 81st in the world, with Benin ahead of it at 8,000 metric tons. China, India and Brazil ranked 2nd, 3rd and 4th respectively. Meanwhile, Swiss soybean oil production is expected to fall by 16.3% year-on-year by 2026, with a CAGR of 4.7% since 1967. Switzerland ranked 76th in 2021, with Bulgaria ahead at 2,120 metric tons. The United States, Brazil and Argentina ranked 2nd, 3rd and 4th respectively.
