In 2023, China leads the global soybean oil crush with 32.78 thousand metric tons, followed by the United States at 17.7 and Brazil at 13.72. Argentina closely follows Brazil with 13.21. These four countries dominate the global share.
From 2021 to 2023, minimal year-on-year growth was observed in most countries, indicating stable production. The five-year CAGR shows steady trends, reflecting consistent demand and production capabilities of key players like China and the United States.
Looking forward, keep an eye on China's potential expansion due to growing domestic demand, and Brazil's innovation in efficient crushing techniques. Trade policies and sustainability practices will also play significant roles in shaping future production dynamics globally.
Top countries in Soybean Oil Crush, Forecast 2021-2030 Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 32.78 | 2030 | View data |
| 2 | 2 United States | 17.7 | 2030 | View data |
| 3 | 3 Brazil | 13.72 | 2030 | View data |
| 4 | 4 Argentina | 13.21 | 2030 | View data |
| 5 | 5 India | 3.21 | 2030 | View data |
| 6 | 6 Mexico | 2 | 2030 | View data |
| 7 | 7 Russia | 1.45 | 2030 | View data |
| 8 | 8 Egypt | 1.32 | 2030 | View data |
| 9 | 9 Bangladesh | 1.03 | 2030 | View data |
| 10 | 10 Pakistan | 0.86 | 2030 | View data |
