European Union-27: soybean oil consumption volume forecast 2018-2032

The projected consumption volume of soybean in the European Union was forecast to continuously decrease between 2023 and 2032 by in total 1.5 billion tonnes. After the ninth consecutive decreasing year, the projected consumption volume is estimated to reach 15.9 billion tonnes and therefore a new minimum in 2032.
Consumption is the act of using or consuming goods. Consumption volume is the amount consumed within a certain population.

Find more statistics on other topics about the European Union with key insights such as projected consumption volume of other oilseeds and projected consumption volume of other coarse grains.