Watch Demo

Venezuela Soybean Oil Industry Outlook 2022 - 2026

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

Key Market Indicators

Venezuelan soybean oil consumption is predicted to reach around 144 thousand metric tons by 2026, a decrease of 1.2% compared to 2021. Since 2017, the country has seen a drop of 1.3% year-on-year. In 2021, Venezuela ranked 22nd in the world, with Spain taking the lead at 154 thousand metric tons. China, India and Brazil held the second, third and fourth spots respectively. Venezuela's soybean oil production is expected to grow by 1.6% year-on-year and reach 36 thousand metric tons by 2026. Since 1966, the country has seen an increase of 7.2% year-on-year. In 2021, Venezuela was 44th in the world, with the Philippines coming in at 32 thousand metric tons. The United States, Brazil and Argentina held the second, third and fourth spots respectively.

Marketing Banner

Venezuela Soybean Oil Market Data and Forecasts

How much will Venezuela Soybean Oil Market grow to 2026?

Forecast: Soybean Oil Production in Venezuela
Forecast: Soybean Oil Processing in Venezuela
Forecast: Soybean Oil Import Volume in Venezuela
Forecast: Soybean Oil Calories Supply Per Capita in Venezuela
Forecast: Soybean Oil Demand in Venezuela
More in Soybean Oil Industry for 2028