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Russia Soybean Industry Outlook 2022 - 2026

See how Russia Soybean performed compared to key markets such as China, Vietnam and Japan.

Key Market Indicators

Russian soybean consumption is expected to remain at 20 thousand metric tons through 2026, with no change in the average rate since 2017. In 2021, Russia was the 27th largest consumer of soybeans, with Tunisia narrowly ahead at 20 thousand metric tons. Vietnam, Japan and Pakistan took the top three spots in the global consumer rankings. Meanwhile, production of Russian soybeans is expected to reach 5.9 million metric tons by 2026, up from 4.8 million metric tons in 2021. Since 1997, production has increased by 8.7% annually. In 2021, Russia was the 8th largest producer of soybeans, with Canada overtaking at 4.8 million metric tons. The United States, Argentina and China ranked second, third and fourth, respectively.

Russia Soybean Market Data and Forecasts

How much will Russia Soybean Market grow to 2026?

Forecast: Soybeans Gross Production in Russia
Forecast: Soybean Export in Russia
Forecast: Soybean Domestic Consumption in Russia
Forecast: Soybean Production in Russia
Forecast: Soybean Yield in Russia
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