Based on the provided data, Poland's soybeans demand is forecasted to grow from 59.0 thousand metric tons in 2024 to 65.0 thousand metric tons by 2028. In 2023, the demand stood at 57.0 thousand metric tons. The year-on-year variations are as follows:
- 2024 to 2025: +3.39%
- 2025 to 2026: +1.64%
- 2026 to 2027: +3.23%
- 2027 to 2028: +1.56%
The compounded annual growth rate (CAGR) for the period 2024 to 2028 is approximately 2.47% per year.
In the future, trends to watch for include changes in dietary preferences, environmental policies favoring plant-based proteins, trade policies, and potential impacts on supply chains. Additionally, the adoption of new technologies in agriculture may also influence soybean demand.
