The soybean consumption at the farm gate in Argentina was 65 million metric tons in 2023, reflecting steady growth through forecasted data for the subsequent years. From 2024 to 2025, consumption is expected to rise by 8.85%, followed by a 8.05% increase from 2025 to 2026, 7.39% from 2026 to 2027, and a 6.81% rise from 2027 to 2028.
Over the last five years, the Compound Annual Growth Rate (CAGR) is anticipated to be 8.12%. Continuous upward trends indicate strong demand, driven by both domestic use and export growth.
Future trends to watch include the impact of global trade policies, climate change affecting crop yields, and advancements in agricultural technology. Monitoring these factors will be critical in anticipating changes in soybean consumption.