Key Market Indicators
Bosnia is set to reach 6,520 metric tons of soybean oil production by 2026, a 1.8 percent growth from 5,850 metric tons in 2021. Since 1997, Bosnian supply has increased by 9.6 percent annually. In 2021, Bosnia was the 65th largest producer, with Guatemala ahead of it at 5,850 metric tons. The United States, Brazil and Argentina ranked second, third and fourth respectively. Bosnian soybean oil consumption was 4,000 metric tons in 2018, a slight increase from 2017.