Soyabean Oil — Processing in Low Income Food Deficit Countries (LIFDCs)

Low Income Food Deficit Countries (LIFDCs): Soyabean Oil — Processing was 56 1000 t in 2023. ◆ Volatile

Latest (2023)
56 1000 t
Change on year
down 5.1%
Rank
17th
of 27 groups
All-time high
59 1000 t
in 2022
All-time low
8 1000 t
in 2010
Years of data
14
2010–2023

Soyabean Oil — Processing in Low Income Food Deficit Countries (LIFDCs), 2010–2023

02040602010201620232010: 8 1000 t2011: 8 1000 t2012: 8 1000 t2013: 8 1000 t2014: 38 1000 t2015: 43 1000 t2016: 46 1000 t2017: 46 1000 t2018: 46 1000 t2019: 47 1000 t2020: 46 1000 t2021: 49 1000 t2022: 59 1000 t2023: 56 1000 t

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 t.

Analysis

Low Income Food Deficit Countries (LIFDCs) recorded 56 1000 t for soyabean oil — processing in 2023.

Compared with earlier readings it is down 5.1% on the previous year and up 600.0% over ten years.

Over the whole period, soyabean oil — processing in Low Income Food Deficit Countries (LIFDCs) peaked at 59 1000 t in 2022 and was at its lowest, 8 1000 t, in 2010.

That places Low Income Food Deficit Countries (LIFDCs) 17th out of 27 groups with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Soyabean Oil — Processing in Low Income Food Deficit Countries (LIFDCs), year by year

Annual values for Soyabean Oil — Processing in Low Income Food Deficit Countries (LIFDCs), 2010 to 2023.
Year 1000 t Change
2010 8 1000 t
2011 8 1000 t +0.0%
2012 8 1000 t +0.0%
2013 8 1000 t +0.0%
2014 38 1000 t +375.0%
2015 43 1000 t +13.2%
2016 46 1000 t +7.0%
2017 46 1000 t +0.0%
2018 46 1000 t +0.0%
2019 47 1000 t +2.2%
2020 46 1000 t -2.1%
2021 49 1000 t +6.5%
2022 59 1000 t +20.4%
2023 56 1000 t -5.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 29.8 1000 t 8 1000 t 47 1000 t 10
2020s 52.5 1000 t 46 1000 t 59 1000 t 4

Countries ranked near Low Income Food Deficit Countries (LIFDCs)

  1. 15 Argentina 20 1000 t compare
  2. 15 Israel 20 1000 t compare
  3. 15 Sweden 20 1000 t compare
  4. 15 Australia and New Zealand 20 1000 t compare
  5. 19 Australia 18 1000 t compare
  6. 20 Jamaica 16 1000 t compare

See the full ranking of 81 places →

More agriculture & rural data for Low Income Food Deficit Countries (LIFDCs)

All data for Low Income Food Deficit Countries (LIFDCs) →

Frequently asked questions

What is soyabean oil — processing in Low Income Food Deficit Countries (LIFDCs)?
Soyabean oil — processing in Low Income Food Deficit Countries (LIFDCs) was 56 1000 t in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest soyabean oil — processing recorded in Low Income Food Deficit Countries (LIFDCs)?
The highest recorded value was 59 1000 t in 2022.
What is the lowest soyabean oil — processing recorded in Low Income Food Deficit Countries (LIFDCs)?
The lowest recorded value was 8 1000 t in 2010.
How does Low Income Food Deficit Countries (LIFDCs) rank for soyabean oil — processing?
Low Income Food Deficit Countries (LIFDCs) ranks 17th out of 27 groups with data for 2023.
Is soyabean oil — processing rising or falling in Low Income Food Deficit Countries (LIFDCs)?
Over the last ten years it is up 600.0%. The long-run trend across the full record is volatile.
Where does this Low Income Food Deficit Countries (LIFDCs) data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Soyabean Oil — Processing. Statizoid updates them automatically from the source API.

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Soyabean Oil — Processing in Low Income Food Deficit Countries (LIFDCs). Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 23 August 2026, from https://agriculture.statizoid.com/stat/soyabean-oil-processing/low-income-food-deficit-countries-lifdcs/

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About this data

Indicator
Soyabean Oil — Processing
Unit
1000 t
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
81 places, 1,069 data points, 2010–2023
Last refreshed

A food balance sheet presents a comprehensive picture of the pattern of a country's food supply during a specified reference period. The food balance sheet shows for each food item - i.e. each primary commodity and a number of processed commodities potentially available for human consumption - the sources of supply and its utilization. The total quantity of foodstuffs produced in a country added to the total quantity imported and adjusted to any change in stocks that may have occurred since the beginning of the reference period gives the supply available during that period. On the utilization side a distinction is made between the quantities exported, fed to livestock, used for seed, put to manufacture for food use and non-food uses, losses during storage and transportation, and food supplies available for human consumption. The per caput supply of each such food item available for human consumption is then obtained by dividing the respective quantity by the related data on the population actually partaking of it. Data on per capita food supplies are expressed in terms of quantity and - by applying appropriate food composition factors for all primary and processed products - also in terms of caloric value and protein and fat content.