Key Market Indicators
French demand for Soybean Oil is expected to reach 265,000 metric tons by 2026, up 0.2% from 2021 levels. From 2017 to 2021, the country saw a year-on-year growth of 0.1%. France ranked 18th out of the countries surveyed in 2021, with South Africa one spot ahead of them at 263,000 metric tons. China, India and Brazil occupied the next three spots in the ranking, with 262,000, 200,000 and 183,000 metric tons respectively. Meanwhile, French Soybean Oil production is projected to reach 185,020 metric tons by 2026, a 2% annual growth rate from 2021. From 1966 to 2021, the country's supply rose by 2.5% year-on-year. In 2021, France was 27th among the surveyed countries, with Portugal ahead at 164,250 metric tons. The United States, Brazil and Argentina were numbers two, three and four in the rankings, with 1.6 million, 1.7 million and 1.8 million metric tons respectively.
