Price for Soya Beans; Seed, Whether or Not Broken in Israel - 2023

Contents:

  1. Price for Soya Beans; Seed, Whether or Not Broken in Israel (CIF) - 2022
  2. Price for Soya Beans; Seed, Whether or Not Broken in Israel (FOB) - 2022
  3. Imports of Soya Beans; Seed, Whether or Not Broken in Israel
  4. Exports of Soya Beans; Seed, Whether or Not Broken in Israel

Price for Soya Beans; Seed, Whether or Not Broken in Israel (CIF) - 2022

In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $1,273 per ton, picking up by 6.6% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for soya beans; seed, whether or not brokens increased by +23.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 59%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,273 per ton), while the price for China totaled $1,273 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Soya Beans; Seed, Whether or Not Broken in Israel (FOB) - 2022

The average export price for soya beans; seed, whether or not brokens stood at $981 per ton in 2022, picking up by 35% against the previous year. In general, the export price continues to indicate a modest increase. Over the period under review, the average export prices reached the maximum at $1,266 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2013 to 2022, the rate of growth in terms of prices for France amounted to +9.6% per year.

Imports of Soya Beans; Seed, Whether or Not Broken in Israel

In 2022, approx. 90 tons of soya beans; seed, whether or not brokens were imported into Israel; rising by 39% against 2021. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 388%. As a result, imports reached the peak of 148 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of soya beans; seed, whether or not brokens surged to $114K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 322%. As a result, imports attained the peak of $152K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Soya Beans; Seed, Whether or Not Broken in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22.015165.890.059.9%
United StatesN/A1.07.724.0389.9%
Canada14.0N/AN/AN/A0%
OthersN/AN/A3.5N/A0%
Total36.015277.011446.8%

Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Israel in 2022:

  1. China (70.7 tons)
  2. United States (18.9 tons)

Exports of Soya Beans; Seed, Whether or Not Broken in Israel

In 2022, approx. 1 tons of soya beans; seed, whether or not brokens were exported from Israel; with a decrease of -90.8% compared with the year before. In general, exports showed a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 802% against the previous year. As a result, the exports attained the peak of 11 tons, and then contracted remarkably in the following year.

In value terms, exports of soya beans; seed, whether or not brokens dropped dramatically to $1K in 2022. Over the period under review, exports continue to indicate a sharp slump. The growth pace was the most rapid in 2021 with an increase of 700%. As a result, the exports reached the peak of $8K, and then fell remarkably in the following year.

Export of Soya Beans; Seed, Whether or Not Broken in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A1.00%
Hong Kong SARN/AN/A7.0N/A0%
Russia8.0N/AN/AN/A0%
GermanyN/A1.0N/AN/A0%
SingaporeN/AN/A1.0N/A0%
OthersN/AN/AN/AN/A0%
Total8.01.08.01.0-50.0%

Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Israel in 2022:

  1. United States (1.0 tons)

Source: IndexBox Market Intelligence Platform

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