The analysis of Global Soybean Crush from 2020 to 2029 reveals diverse regional trends. In 2023, Brazil led with 47.74 million metric tons, while smaller players like Chile accounted for 0.37175 million metric tons. The year-on-year variation in 2029 shows Brazil continues its dominance with a slight increase of 1.64%, while countries like Canada and Pakistan reported more significant growth rates of 3.98% and 2.48% respectively, indicating potential for future yield increases. The average growth over the past five years has been relatively stable, with a compound annual growth rate indicating modest increases across most regions.
Future trends to watch in the Global Soybean Crush market include:
- The impact of expanding biofuel production on soybean demand.
- Geopolitical tensions affecting trade flows, particularly between major producers and importers.
- Technological advancements in agricultural productivity and their potential influence on supply.
- Shifts in dietary preferences, influencing demand patterns for soybean byproducts.
- Climate change impacts and their implications on yield stability and crop resiliency.
Top countries in Soybean Crush, Forecast 2020-2029 by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 47,740 | 2029 | +1.58% | +1.64% | View data |
| 2 | 2 Russian Federation | 5,130 | 2024 | |||
| 3 | 3 Pakistan | 3,350 | 2029 | +2.35% | +2.48% | View data |
| 4 | 4 Iran | 2,520 | 2029 | +0.96% | +0.96% | View data |
| 5 | 5 Canada | 2,400 | 2029 | +3.99% | +3.98% | View data |
| 6 | 6 Vietnam | 2,200 | 2029 | +2.21% | +2.21% | View data |
| 7 | 7 Ukraine | 1,580 | 2029 | +0.78% | +0.76% | View data |
| 8 | 8 South Korea | 1,470 | 2029 | +0.7% | +0.71% | View data |
| 9 | 9 Colombia | 1,000 | 2029 | +0.8% | +0.8% | View data |
| 10 | 10 Malaysia | 949.82 | 2029 | +0.94% | +0.95% | View data |
