Soybean oil domestic consumption in the UAE stood at 34.0 thousand metric tons in 2023. The forecasted data from 2024 to 2028 remains relatively stable, with consumption at 35.0 thousand metric tons from 2024 to 2026, and a slight increase to 36.0 thousand metric tons in both 2027 and 2028. This indicates a year-on-year variation of 0% for 2024-2026, followed by an approximate 2.86% increase from 2026 to 2027, and stability thereafter.
Future trends to watch for include potential shifts in dietary preferences, government policies on edible oils, and market responses to price fluctuations. Additionally, the impact of regional agricultural developments and international trade agreements could influence soybean oil consumption patterns in the UAE.
