Price for Flours and Meals; of Soya Beans in Brazil - 2024

Price for Flours and Meals; of Soya Beans in Brazil (FOB) - 2022

The average export price for flours and meals; of soya beanses stood at $1,571 per ton in 2022, dropping by -4.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2018 an increase of 17%. As a result, the export price attained the peak level of $1,836 per ton. From 2019 to 2022, the average 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 Chile ($4,070 per ton), while the average price for exports to Paraguay ($885 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 Chile (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Flours and Meals; of Soya Beans in Brazil (CIF) - 2022

The average import price for flours and meals; of soya beanses stood at $815 per ton in 2022, growing by 12% against the previous year. In general, the import price, however, faced a deep contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 75% against the previous year. The import price peaked at $12,262 per ton in 2018; however, from 2019 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 the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +15.3% per year.

Exports of Flours and Meals; of Soya Beans in Brazil

For the fourth consecutive year, Brazil recorded growth in shipments abroad of flours and meals; of soya beanses, which increased by 19% to 270 tons in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 29% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of flours and meals; of soya beanses rose significantly to $424K in 2022. The total export value increased at an average annual rate of +12.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 15%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Export of Flours and Meals; of Soya Beans in Brazil (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bolivia	173	278	298	344	25.7%
Paraguay	N/A	N/A	15.9	41.6	161.6%
Chile	15.5	N/A	16.1	20.4	9.6%
Uruguay	20.4	12.0	13.2	14.9	-9.9%
Angola	56.7	N/A	0.3	0.1	-87.9%
Japan	26.3	N/A	26.3	N/A	0.0%
Syrian Arab Republic	N/A	19.5	N/A	N/A	0%
Others	2.2	13.9	2.7	2.7	7.1%
Total	294	323	373	424	13.0%

Top Export Markets for Flours and Meals; of Soya Beans from Brazil in 2022:

Bolivia (203.5 tons)
Paraguay (47.0 tons)
Uruguay (13.0 tons)
Chile (5.0 tons)

Imports of Flours and Meals; of Soya Beans in Brazil

In 2022, the amount of flours and meals; of soya beanses imported into Brazil skyrocketed to 83 tons, growing by 196% on the year before. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of flours and meals; of soya beanses surged to $67K in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.