Key Market Indicators
Between 1997 and 2018, Kazakhstani soybean consumption was up 7.3%. Kazakhstan is expected to produce 360,000 metric tons of soybeans by 2026, up from 302,000 metric tons in 2021. The growth rate is 2.9% year on year. Since 1997, production has grown by 5.5% year on year. In 2021, Kazakhstan came in at 20th place in global soybean production. Zambia overtook Kazakhstan with 302,000 metric tons. The United States, Argentina and China were ranked second, third and fourth respectively. Kazakhstan saw an increase in soybean consumption from 2,000 metric tons in 2017 to 2,000 metric tons in 2018. Between 1997 and 2018, the country's soybean consumption grew by 7.3%.