Nigeria Soybean Consumption is set to reach 112.55 Thousand Metric Tons by 2027 from 120 Thousand Metric Tons 2022, showed no change. Since 2018, the demand increased 0.9% year on year to 10,720 Thousand Metric Tons. The country ranked number 13 in 2022, Bangladesh overtook 120 Thousand Metric Tons. Vietnam, Japan and Pakistan respectively ranked numbers 2, 3 and 4 in this ranking.
How does Nigeria rank in Soybeans Market Size Volume?
| # | 60 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 5,280 | 2023 | 0% | +0.045% | View data |
| 2 | 2 Vietnam | 1,060 | 2023 | +1.34% | +1.99% | View data |
| 3 | 3 Japan | 1,030 | 2023 | +0.59% | +0.39% | View data |
| 4 | 4 Pakistan | 697 | 2023 | +6.41% | +6.03% | View data |
| 5 | 5 India | 567 | 2023 | +5% | +6.19% | View data |
| 11 | 11 Zambia | 149 | 2023 | +1.36% | +1.25% | View data |
| 12 | 12 Bangladesh | 142 | 2023 | +0.71% | +0.72% | View data |
| 13 | 13 Nigeria | 119 | 2023 | -0.83% | -0.17% | |
| 14 | 14 Cambodia | 80 | 2023 | +1.27% | +1.03% | View data |
| 15 | 15 Germany | 67 | 2023 | 0% | -3.48% | View data |