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

Contents:

  1. Price for Soya Beans; Seed, Whether or Not Broken in Guatemala (CIF) - 2022
  2. Imports of Soya Beans; Seed, Whether or Not Broken in Guatemala

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

The average import price for soya beans; seed, whether or not brokens stood at $38,000 per ton in 2022, growing by 329% against the previous year. In general, the import price continues to indicate a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +32.6% per year.

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

Imports of soya beans; seed, whether or not brokens into Guatemala shrank sharply to 7 kg in 2022, reducing by -99.6% on the year before. In general, imports saw a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 7,148%. As a result, imports reached the peak of 1.7 tons, and then declined significantly in the following year.

In value terms, imports of soya beans; seed, whether or not brokens fell remarkably to $266 in 2022. Overall, imports showed a sharp shrinkage. The growth pace was the most rapid in 2021 when imports increased by 10,679%. As a result, imports attained the peak of $15K, and then shrank remarkably in the following year.

Import of Soya Beans; Seed, Whether or Not Broken in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile0.3N/A0.20.30.0%
Costa Rica3.70.14.2N/A6.5%
BoliviaN/AN/A9.8N/A0%
Others1.0N/A0.6N/A-22.5%
Total5.00.114.80.3-60.9%

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

  1. Chile (7.0 kg)

Source: IndexBox Market Intelligence Platform

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