Global Soybean Crush, Forecast 2021-2030 by Country

In 2023, China led the global soybean crush with 115.43 million metric tons, followed by the United States and Brazil at 62.32 and 48.31 million metric tons, respectively. India's consumption stood at 11.3 million metric tons. Notably, countries like Mexico, Russia, and Egypt are mid-tier players, while countries such as Taiwan, Japan, and Canada have smaller but significant crush values. The data for 2024 onward are forecasts, indicating potential shifts in production dynamics.

Future trends to watch in the global soybean crush market include:

  • China’s ongoing demand driven by livestock growth and industrial applications.
  • Brazil and the United States enhancing export capabilities.
  • India's burgeoning market due to dietary and industrial usage expansions.
  • Geopolitical influences affecting supply chains, particularly for countries like Russia and Ukraine.
  • Technological advancements leading to more efficient crushing processes.

Top countries in Soybean Crush, Forecast 2021-2030 by Country

# 10 Countries Thousand Metric Tons Last Year
1 1 China 115,430 2030 View data
2 2 United States 62,320 2030 View data
3 3 Brazil 48,310 2030 View data
4 4 Argentina 46,510 2030 View data
5 5 India 11,300 2030 View data
6 6 Mexico 7,060 2030 View data
7 7 Russia 5,120 2030 View data
8 8 Egypt 4,640 2030 View data
9 9 Pakistan 3,020 2030 View data
10 10 Thailand 2,970 2030 View data

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