11/21/2025
Africa’s Soy Import Demand: What the Data Shows
We’re continuing our 3-part series co-authored by Peter Goldsmith, Guy Allen, and Mike Doherty, looking at whether Africa could become the next major export market for U.S. soy.
This week’s article breaks down key data on Africa’s rising reliance on soy imports:
• Africa imports the soybean equivalent of 2.1B bushels/year (2010–2022 average).
• Soybean grain imports are growing at 8% CAGR.
• Processors operate at 40–60% overcapacity, needing 200M bushels to keep plants running.
• Processor demand is increasing almost 2× faster than palm oil imports and 3× faster than soybean oil.
These trends show that Africa’s import needs are large — and structurally embedded in its processing and consumption systems.
At the Soybean Innovation Lab, we see a fast-emerging market where understanding today’s data will shape tomorrow’s opportunities.
👉 Read the full article: https://tinyurl.com/article-farmdoc-sil2
Next week: deep-dives into Egypt, Ghana, Nigeria, and Tanzania.