Key Market Indicators
Consumption of soybean oil in Israel is projected to reach 74,000 metric tons by 2026, an increase of 2.1% annually from 2021's 65,000 metric tons. The country was ranked 39th in 2021 and Paraguay was in first place at 65,000 metric tons. China, India, and Brazil were in second, third, and fourth place respectively. Israeli soybean oil production is expected to reach 79,500 metric tons by 2026, a growth of 0.5% annually from 2021's 77,010 metric tons. Since 1966, production has declined by 0.2% each year. Israel was in 35th place in 2021 and Norway was in the lead with 77,010 metric tons. The United States, Brazil, and Argentina were in second, third, and fourth place respectively.
