South Korea Soybean Consumption is set to reach 228 Thousand Metric Tons by 2026 from 266 Thousand Metric Tons 2021, decreased by 2.8% per year. Since 2017, the demand grew 0.9% year on year to 10,630 Thousand Metric Tons. The country came in number 7 in 2021, Indonesia came ahead 266 Thousand Metric Tons. Vietnam, Japan and Pakistan respectively came in numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Soybeans Market Size Volume?
| # | 60 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 5,280 | 2023 | 0% | +0.045% | View data |
| 2 | 2 Vietnam | 1,060 | 2023 | +1.34% | +1.99% | View data |
| 3 | 3 Japan | 1,030 | 2023 | +0.59% | +0.39% | View data |
| 4 | 4 Pakistan | 697 | 2023 | +6.41% | +6.03% | View data |
| 5 | 5 India | 567 | 2023 | +5% | +6.19% | View data |
| 6 | 6 Indonesia | 354 | 2023 | +0.57% | +0.52% | View data |
| 7 | 7 Taiwan | 253 | 2023 | +1.61% | +0.56% | View data |
| 8 | 8 South Korea | 251 | 2023 | -2.71% | -2.85% | |
| 9 | 9 South Africa | 202 | 2023 | +3.59% | +1.88% | View data |
| 10 | 10 Thailand | 151 | 2023 | +0.67% | +0.81% | View data |
