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Italy Soybean Oil Industry Outlook 2022 - 2026

See how Italy Soybean Oil performed compared to key markets such as the United States, China and India.

Key Market Indicators

Consumption of soybean oil in Italy is expected to reach 335,000 metric tons by 2026. This would be an increase of 0.8% from 2021, when the amount was 318,000 metric tons. The country has seen a 1.1% rise in demand since 2017. In 2021, Italy ranked 16th in the world for soybean oil consumption, with Thailand ahead at 318,000 metric tons. China, India, and Brazil placed second, third, and fourth, respectively. Italian production of soybean oil is projected to reach 444,340 metric tons by 2026. This would be an increase of 1.5% from 2021, when the amount was 405,450 metric tons. The country has seen a 2.8% rise in supply since 1966. In 2021, Italy ranked 21st in the world for soybean oil production, with Thailand ahead at 405,450 metric tons. The United States, Brazil, and Argentina placed second, third, and fourth, respectively.

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Italy Soybean Oil Market Data and Forecasts