Price for Soya Beans; Other than Seed, Whether or Not Broken in Angola - 2022
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Angola (CIF) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Angola (FOB) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Angola
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Angola
Price for Soya Beans; Other than Seed, Whether or Not Broken in Angola (CIF) - 2022
The average import price for soya beans; other than seed, whether or not brokens stood at $848 per ton in 2022, surging by 4.8% against the previous year. Over the period from 2014 to 2022, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 54% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
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 South Africa ($2,088 per ton), while the price for Portugal ($716 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soya Beans; Other than Seed, Whether or Not Broken in Angola (FOB) - 2022
In 2022, the average export price for soya beans; other than seed, whether or not brokens amounted to $3,188 per ton, surging by 4.1% against the previous year. Over the period under review, the export price posted a buoyant increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 66% against the previous year. As a result, the export price attained the peak level of $3,808 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Namibia.
From 2017 to 2022, the rate of growth in terms of prices for Namibia amounted to +6.7% per year.
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Angola
After two years of decline, supplies from abroad of soya beans; other than seed, whether or not brokens increased by 426% to 342 tons in 2022. Over the period under review, imports, however, showed a sharp descent.
In value terms, imports of soya beans; other than seed, whether or not brokens surged to $290K in 2022. Overall, imports, however, saw a dramatic downturn.
| Import of Soya Beans; Other than Seed, Whether or Not Broken in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 245 | 60.9 | 28.9 | 260 | 2.0% |
| Portugal | 94.3 | 30.3 | 7.4 | 18.7 | -41.7% |
| India | 1.3 | 0.9 | 0.3 | 5.2 | 58.7% |
| South Africa | 55.5 | 22.0 | 3.5 | 0.4 | -80.7% |
| Uruguay | 537 | N/A | N/A | N/A | 0% |
| Turkey | 305 | N/A | N/A | N/A | 0% |
| Others | 32.9 | 9.8 | 12.5 | 5.3 | -45.6% |
| Total | 1,271 | 124 | 52.6 | 290 | -38.9% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Angola in 2022:
- Brazil (309.7 tons)
- Portugal (26.1 tons)
- India (5.6 tons)
- South Africa (0.2 tons)
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Angola
In 2022, exports of soya beans; other than seed, whether or not brokens from Angola shrank markedly to 16 kg, dropping by -51.5% on the previous year's figure. Overall, exports showed a dramatic slump.
In value terms, exports of soya beans; other than seed, whether or not brokens fell notably to $51 in 2022. Over the period under review, exports faced a significant decline.
| Export of Soya Beans; Other than Seed, Whether or Not Broken in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Namibia | 101 | 51.0 | -49.5% | ||
| Others | N/A | N/A | 0% | ||
| Total | 101 | 51.0 | -49.5% | ||
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Angola in 2022:
- Namibia (16.0 kg)
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