Key Market Indicators
Italy's soybean production is forecast to reach 1.3 million metric tons by 2026, up 1.7% year-on-year, according to a CAGR report. Since 1966, the country's output has grown 1.2% per year. In 2021, Italy ranked 13th globally in soybean production, lagging behind South Africa's 1.1 million metric tons. The United States, Argentina and China ranked second, third and fourth, respectively. In 2018, Italy's soybean consumption totaled 2 thousand metric tons, a slight increase from the previous year.
