Key Market Indicators
Zambia's soybean consumption is forecast to rise to 156,400 metric tons by 2026, up from 144,000 metric tons in 2021. This marks a 1.4% average annual growth rate since 2017. The country ranked 11th in 2021, with Thailand ahead of them at 144,000 metric tons. Vietnam, Japan, and Pakistan came in second, third, and fourth, respectively. Meanwhile, Zambia's soybean production is projected to hit 368,370 metric tons by 2026, up from 319,480 metric tons in 2021. This marks a 2.4% average annual growth rate since 1978. In 2021, the country ranked 19th, with France overtaking them at 319,480 metric tons. The United States, Argentina, and China came in second, third, and fourth, respectively.
