Key Market Indicators
Belgium's Soybean Oil Consumption is expected to reach 53,000 metric tons by 2026, after having grown 0.4% annually from 2021. The country was ranked 42nd in 2021, with the United Arab Emirates overtaking at 52,000 metric tons. China, India, and Brazil ranked second, third, and fourth respectively. In 2021, Belgium's Soybean Oil Production was 12,560 metric tons, down 13% from 2020's 14,440 metric tons. The country was ranked 56th, with Nepal overtaking at 12,560 metric tons. The United States, Brazil, and Argentina ranked second, third, and fourth respectively.
