Key Market Indicators
Filipina demand for Soybeans is set to reach 7 Thousand Metric Tons by 2026, growing at a steady rate of 3.1% year on year. In 2021, it was ranked 37th, with New Zealand ahead at 6 Thousand Metric Tons. Vietnam, Japan and Pakistan respectively came in numbers 2, 3 and 4. Filipina Soybean Production is expected to decrease by 4% year on year CAGR to 465.54 Metric Tons by 2026, down from 590 Metric Tons in 2021. Since 1966, the supply has increased by 1.6% year on year. In 2021, it was ranked 84th, with Albania ahead at 590 Metric Tons. The United States, Argentina and China respectively ranked numbers 2, 3 and 4.