Price for Soya Beans; Other than Seed, Whether or Not Broken in Bolivia - 2023

Contents:

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

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

In 2022, the average export price for soya beans; other than seed, whether or not brokens amounted to $554 per ton, growing by 8.4% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 25% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Colombia ($623 per ton) and Peru ($583 per ton), while the average price for exports to Paraguay ($437 per ton) and Brazil ($542 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for soya beans; other than seed, whether or not brokens amounted to $1,778 per ton, reducing by -40.7% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 32%. Over the period under review, average import prices reached the peak figure at $5,000 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +10.2% per year.

Exports of Soya Beans; Other than Seed, Whether or Not Broken in Bolivia

For the fourth consecutive year, Bolivia recorded growth in overseas shipments of soya beans; other than seed, whether or not brokens, which increased by 594% to 604K tons in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of soya beans; other than seed, whether or not brokens surged to $334M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Soya Beans; Other than Seed, Whether or Not Broken in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/A14.02481671.4%
Peru4.67.430.452.8125.6%
ColombiaN/AN/AN/A21.40%
ParaguayN/AN/AN/A12.30%
OthersN/A0.40.10.40.0%
Total4.67.844.4334317.2%

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

  1. Argentina (450.1K tons)
  2. Peru (90.5K tons)
  3. Colombia (34.4K tons)
  4. Paraguay (28.2K tons)

Imports of Soya Beans; Other than Seed, Whether or Not Broken in Bolivia

In 2022, imports of soya beans; other than seed, whether or not brokens into Bolivia surged to 63 kg, picking up by 800% compared with the previous year's figure. In general, imports, however, continue to indicate a precipitous slump.

In value terms, imports of soya beans; other than seed, whether or not brokens skyrocketed to $112 in 2022. Over the period under review, imports, however, faced a precipitous shrinkage.

Import of Soya Beans; Other than Seed, Whether or Not Broken in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil22.8N/AN/A0.1-83.6%
Others0.3N/AN/AN/A0%
Total23.1N/AN/A0.1-83.7%

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

  1. Brazil (63.0 kg)

Source: IndexBox Market Intelligence Platform

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