Key Market Indicators
Consumption of soybeans in the UAE is expected to reach 4,400 metric tons by 2026, up from 4,000 metric tons in 2021. This represents an average annual growth rate of 1.4%. Since 2017, demand for soybeans in the UAE has not changed. In 2021, the UAE was ranked 44th in terms of soybean consumption. Bosnia and Herzegovina overtook the UAE with a consumption of 4,000 metric tons. Vietnam, Japan and Pakistan followed in second, third and fourth place respectively.