Key Market Indicators
Hungarian soybean production is projected to reach 217,000 metric tons by 2026. This is a 2.3% year-on-year increase from the 2021 figure of 189,000 metric tons. Since 1966, supply has grown at a steady 0.5% year-on-year rate. In 2021, Hungary was ranked 28th in terms of production, behind Malawi. The United States, Argentina and China were the top three producers, respectively.