Key Market Indicators
Demand for Ivorian Soybeans is set to increase over the next five years. Estimates suggest it will reach 1.1 Thousand Metric Tons in 2026, growing 1.9% year on year on average. Since 2017, demand for soybeans has remained relatively stable. In 2021, the country ranked 54th in the world for consumption, just behind Ghana, who consumed 1 Thousand Metric Tons. Vietnam, Japan, and Pakistan ranked 2nd, 3rd and 4th respectively. Meanwhile, production of Ivorian Soybeans is set to decrease by 18.9% year on year on average, reaching 93.89 Metric Tons in 2026 from 300 Metric Tons in 2021. Since 1981, supply has decreased by 15.6% annually. In 2021, the country ranked 85th in the world for production, just behind the Philippines, who produced 300 Metric Tons. The United States, Argentina, and China ranked 2nd, 3rd, and 4th respectively.
