Key Market Indicators
Soybean consumption in Malawi is expected to reach 43,000 metric tons by 2026. This is an increase of 1% from 2021, when consumption was 41,000 metric tons. In 2017, consumption rose 0.8% year-on-year. Colombia was the top consumer in 2021, with 41,000 metric tons, with Vietnam, Japan and Pakistan coming in second, third and fourth respectively. Meanwhile, Malawi's soybean production is projected to reach 218,390 metric tons by 2026, up from 189,670 metric tons in 2021. This is an average annual growth rate of 2.4%. Since 2008, production has grown by 7.5% year-on-year. Japan was the top producer in 2021, with 189,670 metric tons, followed by the United States, Argentina and China.
