Key Market Indicators
Saudi Arabia is set to consume 5.4 thousand metric tons of soybean by 2026. This is just a slight increase from the 5 thousand metric tons consumed in 2021. From 2017 onward, demand has stayed steady. In 2021, Saudi Arabia ranked 40th in soybean consumption, with Tanzania overtaking it with 5 thousand metric tons. Vietnam, Japan and Pakistan ranked second, third and fourth respectively.