Global Soybean Oil Consumption is set to reach 24,130 Thousand Metric Tons by 2026 from 23,220 Thousand Metric Tons, is expected to jump by 0.9% per year. Since 2017, the demand grew 0.9% year on year reaching 23,220 Thousand Metric Tons. China, India and Brazil respectively ranked numbers 2, 3 and 4 in this ranking.