Key Market Indicators
Consumption is forecast to reach 1.1 Thousand Metric Tons by 2026. Soybean oil production in Albania is set to reach nearly 95,000 metric tons by 2026, dropping slightly by an average of 0.2% each year since 1985. In 2021, Albania ranked 90th in the world, falling just behind Lithuania with 96 metric tons. The United States, Brazil, and Argentina were ranked second, third, and fourth respectively. Albanian consumption of soybean oil totalled 1,000 metric tons in 2018, up from 1,000 metric tons in 2017. This consumption is predicted to reach 1,100 metric tons by 2026.
