Key Market Indicators
Pakistani Soybean Oil Consumption is expected to reach 77.7 thousand metric tons by 2026, up 0.4 percent from 76 thousand metric tons in 2021. Since 2017, demand for the product has been increasing 4.8 percent each year on average. In 2021, Pakistan was number 37 in the global ranking, the Netherlands being ahead with 76 thousand metric tons. China, India and Brazil took the second, third and fourth places respectively. Meanwhile, Pakistani Soybean Oil Production is expected to reach 627.4 thousand metric tons by 2026, having grown 4.3 percent year on year on average since 1999. In 2021, the country came 16th in the global ranking, Japan overtaking at 480.9 thousand metric tons. The United States, Brazil and Argentina were respectively the second, third and fourth.
