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Canada Soybean Industry Outlook 2022 - 2026

See how Canada Soybean performed compared to key markets such as China, Vietnam and Japan.

Key Market Indicators

Canada's demand for soybean is projected to increase by 500 metric tons in the next five years, keeping at the same rate since 2017. Last year, Canada ranked 18th in the world with 44,000 metric tons of demand. Peru ranked ahead with 44,000 metric tons, while Vietnam, Japan, and Pakistan came in second, third, and fourth, respectively. Canadian soybean production is anticipated to rise by 577,200 metric tons in the next five years, increasing at an average rate of 1.5% year on year since 1966. In 2021, Canada ranked seventh in the world with 6,864,200 metric tons of supply. Paraguay ranked ahead with the same amount, while the US, Argentina, and China came in second, third, and fourth, respectively.

Canada Soybean Market Data and Forecasts

How much will Canada Soybean Market grow to 2026?

Forecast: Soybeans Average Yield in Canada
Forecast: Soybeans Seeded Area in Canada
Forecast: Soybeans Production in Canada
Forecast: Soybeans Domestic Disappearance in Canada
Forecast: Soybeans Imports in Canada
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