The data reveals China's soybean losses are the highest among listed countries in 2023, reflecting a significant 0.67% increase from the previous year. India, the United States, and Paraguay also experienced notable increases in losses, by 0.77%, 0.78%, and 0.36%, respectively. Conversely, Bolivia saw a decline in losses (-0.34%), indicating improved efficiency or output. Other countries such as Thailand and Egypt showed significant increases in losses of over 2%. European countries like France, Austria, and Zambia experienced considerable increases as well, each with a 3.13% rise.
In terms of future trends, technological advancements, coupled with improved farming and supply chain methodologies, may help mitigate losses. In light of climate change, adapting to weather extremities and optimizing resource management will be critical. Tracking these variables will be essential in forecasting and potentially minimizing future soybean losses globally.
Top countries in Soybeans Losses by Country
# | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 1,190 | 2023 | +1.89% | +0.67% | View data |
2 | 2 India | 743 | 2023 | +1.78% | +0.77% | View data |
3 | 3 United States | 631 | 2023 | +0.8% | +0.78% | View data |
4 | 4 Paraguay | 623 | 2023 | +0.81% | +0.36% | View data |
5 | 5 Argentina | 450 | 2023 | -1.53% | +0.36% | View data |
6 | 6 Indonesia | 227 | 2023 | +2.25% | +0.81% | View data |
7 | 7 Egypt | 200 | 2023 | +5.82% | +0.93% | View data |
8 | 8 Mexico | 172 | 2023 | +1.78% | +0.83% | View data |
9 | 9 Thailand | 156 | 2023 | +1.96% | +2.33% | View data |
10 | 10 Russia | 69 | 2023 | +1.47% | +1.84% | View data |