Key Market Indicators
Angola's soybean consumption is set to reach a total of 22 thousand metric tons by 2026. This is up from 19 thousand metric tons in 2021, a steady increase of 2.5% year-on-year. Since 2017, the country's demand for soybeans has grown at an average rate of 3.8% annually. Russia came in 28th place in 2021, overtaking Angola's 19 thousand metric tons. Vietnam, Japan, and Pakistan ranked second, third, and fourth respectively. Angola's soybean production is set to reach a total of 53 thousand metric tons by 2026. This is up from 42 thousand metric tons in 2021, a growth of 3.7% year-on-year. Since 2005, the country's supply has jumped by a whopping 21.7% annually. In 2021, Zimbabwe overtook Angola's 42 thousand metric tons, earning it the 43rd spot. The United States, Argentina, and China ranked second, third, and fourth respectively.
