Forecast: Soybean Oil Demand in Switzerland

The forecasted demand for soybean oil in Switzerland remains constant at 8.0 thousand metric tons annually from 2024 to 2028. Comparatively, the demand showed no growth since 2023, maintaining a flat year-on-year variation of 0%. The Compound Annual Growth Rate (CAGR) indicates a stable trend over the past five years without any significant change.

Future trends to watch for:

  • Potential changes in consumer preferences towards more sustainable and locally-sourced oils.
  • Impact of possible regulatory changes regarding the use of genetically modified organisms (GMOs) in food products.
  • Market adjustments due to fluctuations in global soybean oil prices and international trade policies.

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