Price for Soya Beans; Seed, Whether or Not Broken in Spain - 2023
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Spain (CIF) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Spain (FOB) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Spain
- Exports of Soya Beans; Seed, Whether or Not Broken in Spain
Price for Soya Beans; Seed, Whether or Not Broken in Spain (CIF) - 2022
The average import price for soya beans; seed, whether or not brokens stood at $835 per ton in 2022, surging by 37% against the previous year. Overall, the import price saw a notable expansion. The growth pace was the most rapid in 2016 when the average import price increased by 53% against the previous year. The import price peaked at $1,306 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($2,117 per ton), while the price for Portugal ($752 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soya Beans; Seed, Whether or Not Broken in Spain (FOB) - 2022
The average export price for soya beans; seed, whether or not brokens stood at $687 per ton in 2022, dropping by -42.8% against the previous year. In general, the export price, however, recorded a resilient increase. The growth pace was the most rapid in 2013 when the average export price increased by 150% against the previous year. Over the period under review, the average export prices attained the maximum at $1,202 per ton in 2021, and then contracted rapidly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($1,311 per ton), while the average price for exports to Portugal ($606 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+6.1%), while the prices for the other major destinations experienced a decline.
Imports of Soya Beans; Seed, Whether or Not Broken in Spain
In 2022, purchases abroad of soya beans; seed, whether or not brokens decreased by -30.6% to 1.9K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 10% against the previous year. As a result, imports attained the peak of 2.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of soya beans; seed, whether or not brokens fell modestly to $1.6M in 2022. In general, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 6.5% against the previous year.
| Import of Soya Beans; Seed, Whether or Not Broken in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 153 | 1,062 | 1,327 | 1,313 | 104.7% |
| Netherlands | N/A | N/A | N/A | 183 | 0% |
| France | 984 | 43.6 | 67.1 | 50.1 | -62.9% |
| Germany | 635 | 317 | 122 | N/A | -56.2% |
| United Kingdom | 476 | 0.6 | N/A | N/A | -99.9% |
| Uruguay | 39.6 | N/A | N/A | N/A | 0% |
| Others | 44.3 | 112 | 118 | 6.8 | -46.5% |
| Total | 2,332 | 1,535 | 1,634 | 1,553 | -12.7% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Spain in 2022:
- Portugal (1746.2 tons)
- Netherlands (86.5 tons)
- France (23.7 tons)
Exports of Soya Beans; Seed, Whether or Not Broken in Spain
In 2022, shipments abroad of soya beans; seed, whether or not brokens decreased by -23.2% to 77 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a sharp reduction. The growth pace was the most rapid in 2020 with an increase of 16% against the previous year. As a result, the exports attained the peak of 925 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of soya beans; seed, whether or not brokens fell markedly to $53K in 2022. Overall, exports faced a significant curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 16%. As a result, the exports reached the peak of $650K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Soya Beans; Seed, Whether or Not Broken in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 104 | 84.4 | 42.1 | 28.8 | -34.8% |
| France | 424 | 559 | 4.4 | 13.5 | -68.3% |
| Sweden | N/A | N/A | 4.0 | 9.9 | 147.5% |
| Others | 30.1 | 7.0 | 70.1 | 0.8 | -70.2% |
| Total | 559 | 650 | 121 | 53.0 | -54.4% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Spain in 2022:
- Portugal (47.4 tons)
- France (21.7 tons)
- Sweden (7.6 tons)
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