The Philippines Soybean Oil Consumption is set to reach 30.6 Thousand Metric Tons by 2027 from 27 Thousand Metric Tons 2022, jumped by 1.9% per year. Since 2018, the demand jumped by 0.9% year on year close to 23,400 Thousand Metric Tons. The country ranked number 56 in 2022, Mauritania overtook 27 Thousand Metric Tons. China, India and Brazil respectively were numbers 2, 3 and 4 in this ranking.
How does the Philippines rank in Soybean Oil Market Size Volume?
| # | 113 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 4,520 | 2023 | +0.29% | +0.22% | View data |
| 2 | 2 China | 4,130 | 2023 | +1.23% | +1.14% | View data |
| 3 | 3 India | 3,040 | 2023 | +1.13% | +1.85% | View data |
| 4 | 4 Brazil | 2,710 | 2023 | +0.37% | +0.36% | View data |
| 5 | 5 Iran | 600 | 2023 | +0.67% | +0.47% | View data |
| 55 | 55 Mauritania | 31 | 2023 | 0% | +0.66% | View data |
| 56 | 56 Portugal | 30 | 2023 | 0% | -1.89% | View data |
| 57 | 57 Philippines | 28 | 2023 | +3.7% | +2.29% | |
| 58 | 58 Canada | 26 | 2023 | 0% | +0.79% | View data |
| 59 | 59 Nicaragua | 26 | 2023 | 0% | +0.79% | View data |
