In 2023, the demand for soybeans in Norway stood at 423.50 thousand metric tons. From 2024 onwards, the forecasted demand shows a steady growth trend: 424.66 thousand metric tons in 2024, 426.18 thousand metric tons in 2025, 427.67 thousand metric tons in 2026, 429.14 thousand metric tons in 2027, and 430.57 thousand metric tons in 2028. The year-on-year average variation percentage indicates consistent but slight increases annually, suggesting a stable demand with minor annual growth.
Future trends to watch for include potential changes in agricultural policies, shifts in dietary preferences towards more plant-based protein, and the impact of global soybean supply chain fluctuations. Monitoring these factors will be crucial for understanding potential future variations in demand.
