China Soybean Oil Consumption is set to reach 4,280 Thousand Metric Tons by 2026 from 4,030 Thousand Metric Tons 2021, rose 1.1% per year. Since 2017, the demand increased 0.9% year on year attaining 23,220 Thousand Metric Tons. The country ranked number 2 in 2021, the United States overtook 4,030 Thousand Metric Tons. China, India and Brazil respectively came in numbers 2, 3 and 4 in this ranking.
How does China 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% | |
| 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 |
