Price for Flours and Meals; of Soya Beans in Switzerland - 2024

Contents:

1. Price for Flours and Meals; of Soya Beans in Switzerland (CIF) - 2022
2. Price for Flours and Meals; of Soya Beans in Switzerland (FOB) - 2022
3. Imports of Flours and Meals; of Soya Beans in Switzerland
4. Exports of Flours and Meals; of Soya Beans in Switzerland

Price for Flours and Meals; of Soya Beans in Switzerland (CIF) - 2022

The average import price for flours and meals; of soya beanses stood at $1,987 per ton in 2022, falling by -8.2% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 flours and meals; of soya beanses increased by +65.0% against 2015 indices. The growth pace was the most rapid in 2021 when the average import price increased by 57%. As a result, import price reached the peak level of $2,165 per ton, and then shrank in the following year.

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 France ($5,732 per ton), while the price for Italy ($861 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flours and Meals; of Soya Beans in Switzerland (FOB) - 2022

The average export price for flours and meals; of soya beanses stood at $1,511 per ton in 2022, surging by 46% against the previous year. In general, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 231% against the previous year. As a result, the export price reached the peak level of $2,500 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,178 per ton), while the average price for exports to Austria stood at $1,414 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+32.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flours and Meals; of Soya Beans in Switzerland

In 2022, the amount of flours and meals; of soya beanses imported into Switzerland shrank remarkably to 36 tons, which is down by -50.8% compared with 2021 figures. Overall, imports recorded a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year.

In value terms, imports of flours and meals; of soya beanses reduced remarkably to $72K in 2022. Over the period under review, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 89%. As a result, imports reached the peak of $159K, and then reduced notably in the following year.

Top Suppliers of Flours and Meals; of Soya Beans to Switzerland in 2022:

1. Serbia (10.5 tons)
2. Austria (10.4 tons)
3. Italy (9.5 tons)
4. Germany (2.6 tons)
5. Netherlands (1.2 tons)
6. France (0.7 tons)

Exports of Flours and Meals; of Soya Beans in Switzerland

For the third year in a row, Switzerland recorded decline in overseas shipments of flours and meals; of soya beanses, which decreased by -61% to 352 kg in 2022. Overall, exports faced a sharp slump. The smallest decline of -28.1% was in 2021.

In value terms, exports of flours and meals; of soya beanses contracted remarkably to $532 in 2022. In general, exports faced a dramatic descent. The smallest decline of -28.7% was in 2021.

Top Export Markets for Flours and Meals; of Soya Beans from Switzerland in 2022:

1. Austria (307.0 kg)
2. Germany (45.0 kg)

Source: IndexBox Market Intelligence Platform