Key Market Indicators
Egypt's soybean consumption is set to reach 9,000 metric tons by 2026, up from 7,000 metric tons in 2021 — a 5.2% average annual increase. Ethiopia overtook Egypt in 2021, with 7,000 metric tons, while Vietnam, Japan and Pakistan held the top three spots. Egypt's soybean production is expected to reach 48,500 metric tons by 2026, up from 45,630 metric tons in 2021 — an average annual growth rate of 1%. Since 1977, Egyptian production has grown by 0.2% year-on-year. Burkina Faso overtook Egypt in 2021, but the United States, Argentina and China still hold the top three spots.