Based on the forecasted data, the production of soybean oil in Spain is expected to decline gradually from 559.54 thousand metric tons in 2024 to 553.54 thousand metric tons in 2028. The year-on-year variation indicates a steady decrease, with the most notable drop occurring between 2024 and 2025. The Compound Annual Growth Rate (CAGR) over the forecast period (2024-2028) shows an average annual decline of approximately 0.27%.

Future trends to watch for:

Potential impacts of climate change on soybean cultivation and oil production.
Changes in domestic and global demand for soybean oil, possibly influenced by dietary shifts and health trends.
Technological advancements in agriculture that could affect production efficiency.
Policy changes, including agricultural subsidies and international trade agreements, that might influence production and exports.