Key Market Indicators
Consumption of soybean oil in the Netherlands is estimated to reach 79 thousand metric tons by 2026. This would represent a 0.3% average year-on-year growth since 2017. The Netherlands currently ranks 35th in this sector, behind Guatemala, with 78 thousand metric tons. The top producers of soybean oil are China, India, and Brazil. Production of soybean oil in the Netherlands is set to increase to 689,560 metric tons by 2026. This would be a 0.9% year-on-year CAGR since 1966. The Netherlands currently ranks 9th in this sector, behind Russia, with 653,520 metric tons. The United States, Brazil, and Argentina are the top producers in this sector.