Key Market Indicators
Burkina Faso's soybean consumption is expected to rise to 25,000 metric tons by 2026, up 1.7% annually from 2021's 23,000 metric tons. Since 2017, the demand for soybeans in Burkina Faso has grown 1.5% each year. The country was in 25th place in 2021, behind Myanmar's 23,000 metric tons. Vietnam, Japan, and Pakistan were 2nd, 3rd, and 4th, respectively. Burkinabe soybean production is predicted to hit 63,700 metric tons by 2026, up 3.9% on average from 2021's 50,500 metric tons. Since 1988, the nation's supply has increased 14.3% each year. In 2021, Moldova led the way with 50,500 metric tons, ahead of Burkina Faso in 41st place. The United States, Argentina, and China were 2nd, 3rd, and 4th, respectively.