Price for Soya Beans; Seed, Whether or Not Broken in Indonesia - 2022

Contents:

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

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

In 2022, the average export price for soya beans; seed, whether or not brokens amounted to $484 per ton, shrinking by -20.9% against the previous year. In general, the export price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2016 an increase of 0.4%. The export price peaked at $1,000 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Timor-Leste.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +0.9% per year.

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

In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $7,419 per ton, rising by 116% against the previous year. Over the period under review, the import price posted significant growth. Over the period under review, average import prices reached the maximum at $7,580 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Malaysia ($7,971 per ton), while the price for Singapore ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of soya beans; seed, whether or not brokens exported from Indonesia surged to 196 tons, jumping by 1,398% compared with 2021 figures. Overall, exports continue to indicate 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 $95K in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Soya Beans; Seed, Whether or Not Broken in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Timor-LesteN/AN/A1.194.58490.9%
Papua New GuineaN/AN/AN/A0.20%
MalaysiaN/AN/A6.9N/A0%
OthersN/AN/AN/AN/A0%
TotalN/AN/A8.094.71083.8%

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

  1. Timor-Leste (195.6 tons)
  2. Papua New Guinea (0.1 tons)

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

In 2022, approx. 43 kg of soya beans; seed, whether or not brokens were imported into Indonesia; picking up by 514% on the previous year's figure. In general, imports, however, recorded a sharp curtailment.

In value terms, imports of soya beans; seed, whether or not brokens skyrocketed to $319 in 2022. Overall, imports, however, recorded a sharp decline.

Import of Soya Beans; Seed, Whether or Not Broken in Indonesia (USD)
COUNTRY202020212022CAGR,
2020-2022
Malaysia54920.0271-29.7%
United States48.02.043.0-5.4%
Canada14.01.04.0-46.5%
Singapore1.01.01.00.0%
Others2.0N/AN/A0%
Total61424.0319-27.9%

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

  1. Malaysia (34.0 kg)
  2. United States (7.0 kg)
  3. Canada (1.0 kg)
  4. Singapore (1.0 kg)

Source: IndexBox Market Intelligence Platform

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