Key Market Indicators
Estonian soybean oil consumption is expected to remain level in the coming years. In 2021, the country consumed 1 thousand metric tons, placing it 102nd in the global ranking. Croatia was just ahead of Estonia with the same amount of consumption. China, India, and Brazil were the leading countries in this ranking, consuming 2, 3, and 4 thousand metric tons, respectively. By 2026, Estonia is expected to reach 1 thousand metric tons in soybean oil consumption. This would represent no change in the CAGR since 2020, when Estonian demand remained stable.
