Key Market Indicators
Rwanda's soybean consumption is projected to reach 28,000 metric tons by 2026, up 0.7% from 27,000 metric tons in 2021. Since 2017, the country's demand has risen by 2.6% annually. In 2021, Rwanda ranked 23rd in the world, with the Netherlands overtaking with 27,000 metric tons. Vietnam, Japan and Pakistan placed second, third and fourth respectively. Meanwhile, Rwandan soybean production is expected to drop 0.7% on average to 22,680 metric tons in 2026 from 23,680 metric tons in 2021. Since 1974, the country's supply has risen 1.5% annually. In 2021, Rwanda was 53rd in the world, with Cameroon overtaking with 23,680 metric tons. The United States, Argentina and China took second, third and fourth place respectively.