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

Contents:

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

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

The average export price for soya beans; seed, whether or not brokens stood at $1,171 per ton in 2022, shrinking by -41% against the previous year. Over the period under review, the export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 74% against the previous year. Over the period under review, the average export prices hit record highs at $2,267 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,395 per ton), while the average price for exports to Portugal ($386 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 Italy (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $848 per ton, with an increase of 15% against the previous year. Overall, the import price, however, recorded a slight setback. The pace of growth was the most pronounced in 2018 an increase of 129% against the previous year. As a result, import price attained the peak level of $1,262 per ton. From 2019 to 2022, the average 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 Belgium ($12,847 per ton), while the price for Spain ($334 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+35.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of soya beans; seed, whether or not brokens from France soared to 7.1K tons in 2022, with an increase of 192% against 2021. In general, exports enjoyed a significant expansion. 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; seed, whether or not brokens skyrocketed to $8.3M in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Soya Beans; Seed, Whether or Not Broken in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2122271032,745134.8%
Russia2,1412,5531,5961,121-19.4%
Austria35343153082632.8%
Belgium68.5191358710118.0%
Romania5606654347088.1%
Germany36012138356916.5%
Italy36435628856015.4%
Hungary14718824822515.2%
PortugalN/AN/AN/A1160%
Ukraine15524738852.2-30.4%
Others38333251370522.6%
Total4,7445,3114,8408,33720.7%

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

  1. Spain (3327.2 tons)
  2. Belgium (1118.2 tons)
  3. Austria (520.0 tons)
  4. Germany (352.8 tons)
  5. Romania (345.3 tons)
  6. Russia (330.3 tons)
  7. Portugal (300.0 tons)
  8. Italy (239.8 tons)
  9. Hungary (139.4 tons)
  10. Ukraine (27.6 tons)

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

In 2022, the amount of soya beans; seed, whether or not brokens imported into France surged to 3.8K tons, picking up by 29% against 2021. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 75%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of soya beans; seed, whether or not brokens skyrocketed to $3.2M in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 86%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Soya Beans; Seed, Whether or Not Broken in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria3855491,1831,26648.7%
Spain46153851776418.3%
RomaniaN/A14468.851288.6%
Czech RepublicN/A26.77.6222188.4%
Others19668238943029.9%
Total1,0421,9382,1653,19445.3%

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

  1. Spain (2289.0 tons)
  2. Austria (739.6 tons)
  3. Romania (502.0 tons)
  4. Czech Republic (117.2 tons)

Source: IndexBox Market Intelligence Platform

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