Key Market Indicators
Bangladesh's soybean consumption is predicted to reach 150,000 metric tons by 2026, growing at an average rate of 0.7% annually since 2017. In 2021, Bangladesh was the 12th largest consumer of soybeans, with Zambia consuming 140,000 metric tons. Vietnam, Japan, and Pakistan ranked second, third, and fourth, respectively. Bangladesh's soybean production is predicted to reach 130,000 metric tons by 2026, increasing at an average rate of 2.3% each year since 2010. In 2021, Bangladesh was the 35th largest producer of soybeans, with Slovakia producing 115,160 metric tons. The United States, Argentina, and China ranked second, third, and fourth, respectively.