– Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes.
Philippines Soybean Oil Production was 24.00 Thousand Tonnes in 2023, down 11.2% on 2022. The Philippines Soybean Oil Production dataset provides a comprehensive assessment of the country's soybean oil manufacturing performance and the development of its edible oil processing industry between 2015 and 2023.
Philippines Soybean Oil Production moved from 3.55 Thousand Tonnes in 2015 to 24.00 Thousand Tonnes in 2023 (+576.6%), an average of +27% a year. The series high was 37.10 Thousand Tonnes in 2017 and the low 3.55 Thousand Tonnes in 2015.
The gap between the series high (2017) and low (2015) is 33.56 Thousand Tonnes. The sharpest single-year move was +446.4% in 2016.
Among the 34 countries in this dataset, Philippines ranks 27 for 2023, behind China (17,815 Thousand Tonnes) and U.S. (12,227 Thousand Tonnes). It accounts for 0% of the global total in 2023.
Full series
Complete annual series with year-on-year change. Values are reported in Thousand Tonnes.
Scroll the table sideways to see all columns.
| Year | Thousand Tonnes | Change vs prior year |
|---|---|---|
| 2023 | 24.00 | −11.2% |
| 2022 | 27.03 | +1.1% |
| 2021 | 26.75 | −5.3% |
| 2020 | 28.25 | +7.2% |
| 2019 | 26.35 | −17.4% |
| 2018 | 31.92 | −14% |
| 2017Peak | 37.10 | +91.4% |
| 2016 | 19.39 | +446.4% |
| 2015 Trough | 3.55 | — |
Regional context
Soybean Oil Production by country, 2023, Thousand Tonnes. Philippines is highlighted.
Data definition
Soybean Oil Production — – 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).
The data includes the annual production of soybean oil extracted from soybeans through mechanical pressing and solvent extraction processes. It covers crude and refined soybean oil produced for human consumption, food manufacturing, industrial applications, and export. The figures represent domestic production compiled from official agricultural and food processing statistics and standardized by the FAO to ensure international comparability across countries and years.
The data excludes soybean cultivation and production, soybean meal, biodiesel production, other vegetable oils (such as palm, sunflower, rapeseed, or olive oil), soy-based food products, imports and exports of soybean oil, and stock changes. It also excludes informal or unrecorded production not captured in official agricultural statistics and losses occurring during storage, transportation, or distribution after production.
Soybean Oil Production — – 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 performance of the Philippines' edible oil sector. Based on the validated data, the Philippines recorded rapid growth during the early years of the study period before production stabilized at lower levels. Output increased significantly from 3.55 thousand tonnes in 2015 to 19.39 thousand tonnes in 2016 and reached a study-period high of 37.10 thousand tonnes in 2017. Production then declined to 31.92 thousand tonnes in 2018 and 26.35 thousand tonnes in 2019, before recovering slightly to 28.25 thousand tonnes in 2020. Output remained relatively stable at 26.75 thousand tonnes in 2021 and 27.03 thousand tonnes in 2022. Overall, the dataset highlights the expansion of the country's soybean processing industry during the initial years, followed by a period of relatively stable production. The dataset provides valuable insights into production trends, edible oil manufacturing performance, and value addition within the Philippines' 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, strengthen supply chain resilience, improve processing efficiency, and support sustainable long-term growth across the Philippines' edible oil and soybean value chain.
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Definition – 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).
Philippines Soybean Oil Production was 24.00 Thousand Tonnes in 2023, down 11.2% on 2022.
Philippines Soybean Oil Production moved from 3.55 Thousand Tonnes in 2015 to 24.00 Thousand Tonnes in 2023 (+576.6%), an average of +27% a year. The series high was 37.10 Thousand Tonnes in 2017 and the low 3.55 Thousand Tonnes in 2015.
The highest value was 37.10 Thousand Tonnes in 2017 and the lowest was 3.55 Thousand Tonnes in 2015.
Included: The data includes the annual production of soybean oil extracted from soybeans through mechanical pressing and solvent extraction processes. It covers crude and refined soybean oil produced for human consumption, food manufacturing, industrial applications, and export. The figures represent domestic production compiled from official agricultural and food processing statistics and standardized by the FAO to ensure international comparability across countries and years. Excluded: The data excludes soybean cultivation and production, soybean meal, biodiesel production, other vegetable oils (such as palm, sunflower, rapeseed, or olive oil), soy-based food products, imports and exports of soybean oil, and stock changes. It also excludes informal or unrecorded production not captured in official agricultural statistics and losses occurring during storage, transportation, or distribution after production.
The series is sourced from Our World in Data (https://ourworldindata.org/explorers/global-food?time=2023&pickerSort=asc&Food=Soybean+oil&Metric=Production&Per+capita=false&country=USA~DEU~FRA~GBR~BRA~ZAF%3BhideControls). It covers 2015–2023 and is reported in Thousand Tonnes.
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