Key Market Indicators
Bosnia is set to remain stable in soybean consumption over the next five years. In 2021, the country was ranked 44th in the world for soybean consumption, with 4 thousand metric tons. The Czech Republic was ranked ahead at 4 thousand metric tons. Vietnam, Japan and Pakistan were second, third and fourth, respectively. Bosnian soybean production is set to reach 31,510 metric tons by 2026. This is an increase of 3.5% year-on-year from 25,570 metric tons in 2021. Since 1997, supply has grown by 6.5% per year. In 2021, the Democratic Republic of the Congo overtook Bosnia, ranking 50th in the world. The US, Argentina and China were ranked second, third and fourth, respectively.