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  • How big is the epoxidized soybean oil (eso) market?
  • In 2023, the global epoxidized soybean oil market size was RMB 3.601 billion, while the Chinese epoxidized soybean oil market size was RMB 1.404 billion. It is estimated that by 2029, the global epoxidized soybean oil market capacity will reach RMB 6.069 billion, with a compound annual growth rate of 9%.
  • How many tons of soybeans does Benin produce a year?
  • It is projected that annual soybean production will hit 341,000 tons by 2030 – a six-fold increase compared to 2009. Benin, which did not export soybeans when support from the IAEA and FAO started in 2009, now exports 40,000 tons at a value of US$ 19 million, annually.
  • Where does Benin sell its products?
  • Benin sells its products mainly to France and, in smaller quantities, to the Netherlands, Korea, Japan, and India. France is Benin's leading source for imports. Benin is also a member of the Economic Community of West African States (ECOWAS).