From 2021 to 2023, China has dominated the global soybean crush industry, leading with 32.12 thousand metric tons. The United States and Brazil follow, each holding significant shares, at 17.34 and 13.44 thousand metric tons, respectively. Meanwhile, Argentina closely trails Brazil with 12.94 thousand metric tons. Collectively, these countries account for the bulk of soybean crushing activities, indicating their central role in the global soybean supply chain.
Forecasts for 2024 and beyond suggest these countries will continue to drive growth in the soybean crush industry, with China maintaining its lead. However, emerging markets like India and Mexico are expected to expand their presence, albeit starting from a smaller base. Over the period from 2024 to 2030, watch for technological advancements in soybean processing and potential shifts in trade policy that could influence this trajectory. The emphasis on sustainability and enhanced efficiency will be pivotal as nations strive to balance demand with environmental considerations.
Top countries in Soybean Crush, Forecast 2021-2030 Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 32.12 | 2030 | View data |
| 2 | 2 United States | 17.34 | 2030 | View data |
| 3 | 3 Brazil | 13.44 | 2030 | View data |
| 4 | 4 Argentina | 12.94 | 2030 | View data |
| 5 | 5 India | 3.14 | 2030 | View data |
| 6 | 6 Mexico | 1.96 | 2030 | View data |
| 7 | 7 Russia | 1.43 | 2030 | View data |
| 8 | 8 Egypt | 1.29 | 2030 | View data |
| 9 | 9 Pakistan | 0.84 | 2030 | View data |
| 10 | 10 Thailand | 0.83 | 2030 | View data |
