Key Market Indicators
Consumption peaked in 2018 and is expected to see a decline in the near future. Soybean production in Mali is projected to hit 13,060 metric tons by 2026, a 3.6% year-on-year growth rate. Since 1985, Malian soybean supply has decreased by 2.2% annually. In 2021, Mali ranked 60th globally, behind Nicaragua at 10,540 metric tons. The United States, Argentina and China ranked second, third and fourth respectively. In 2018, Malian soybean consumption reached 2 thousand metric tons, a decline from 2017. Consumption in Mali peaked in 2018, and is predicted to decline in the near future.