Soybean Oil Production โ โ Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes. The indicator reflects the scale of soybean processing and edible oil manufacturing and is used to assess agricultural processing capacity, oilseed utilization, and the performance of the vegetable oil industry. The data presented by Our World in Data is based on statistics from the Food and Agriculture Organization (FAO).
Measured in Thousand Tonnes, the dataset serves as an important benchmark for evaluating oilseed processing capacity, soybean utilization, agricultural productivity, food manufacturing output, supply chain efficiency, and the overall development of Australia's edible oil sector. Based on the validated data, Australia recorded a fluctuating production trend during the study period, with output declining initially before recovering strongly in the final years. Production increased slightly from 5.50 thousand tonnes in 2015 to 6.20 thousand tonnes in 2016, before declining to 5.50 thousand tonnes in 2017, 4.90 thousand tonnes in 2018, 3.30 thousand tonnes in 2019, and 2.70 thousand tonnes in 2020, the lowest level during the study period. Production then recovered to 4.20 thousand tonnes in 2021, increased significantly to 6.90 thousand tonnes in 2022, and reached a study-period high of 7.80 thousand tonnes in 2023. Overall, the dataset highlights the resilience of Australia's soybean processing industry, demonstrating a strong recovery following several years of declining production. The dataset provides valuable insights into production trends, edible oil manufacturing performance, and agricultural value addition within Australia's soybean processing sector. It supports year-over-year analysis, benchmarking against other soybean oil-producing countries, and evaluation of long-term industry developments. Policymakers, soybean processors, edible oil manufacturers, agricultural producers, exporters, investors, market analysts, and researchers can use the dataset to assess production performance, monitor market trends, identify investment opportunities, forecast future soybean oil output, improve processing efficiency, strengthen supply chain resilience, and support evidence-based strategies that promote sustainable long-term growth across Australia's edible oil and soybean value chain.