South Africa Soybean Oil Consumption is set to reach 299.69 Thousand Metric Tons by 2027 from 282 Thousand Metric Tons 2022, increased 1.3% per year. Since 2018, the demand rose 0.9% year on year totalising 23,400 Thousand Metric Tons. The country was number 17 in 2022, Italy overtook 282 Thousand Metric Tons. China, India and Brazil respectively were numbers 2, 3 and 4 in this ranking.
How does South Africa rank in Soybean Oil Market Size Volume?
| # | 113 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 4,520 | 2023 | +0.29% | +0.22% | View data |
| 2 | 2 China | 4,130 | 2023 | +1.23% | +1.14% | View data |
| 3 | 3 India | 3,040 | 2023 | +1.13% | +1.85% | View data |
| 4 | 4 Brazil | 2,710 | 2023 | +0.37% | +0.36% | View data |
| 5 | 5 Iran | 600 | 2023 | +0.67% | +0.47% | View data |
| 15 | 15 Algeria | 355 | 2023 | +0.85% | +0.87% | View data |
| 16 | 16 Italy | 325 | 2023 | +0.93% | +1.08% | View data |
| 17 | 17 South Africa | 286 | 2023 | +1.42% | +1.31% | |
| 18 | 18 France | 264 | 2023 | +0.38% | +0.15% | View data |
| 19 | 19 Colombia | 237 | 2023 | +1.72% | +1.78% | View data |