Price for Flours and Meals; of Soya Beans in France - 2023

Contents:

1. Price for Flours and Meals; of Soya Beans in France (CIF) - 2022
2. Price for Flours and Meals; of Soya Beans in France (FOB) - 2022
3. Imports of Flours and Meals; of Soya Beans in France
4. Exports of Flours and Meals; of Soya Beans in France

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

In 2022, the average import price for flours and meals; of soya beanses amounted to $1,084 per ton, growing by 19% against the previous year. In general, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 51%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,618 per ton), while the price for Spain ($431 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for flours and meals; of soya beanses stood at $2,060 per ton in 2022, reducing by -22.6% against the previous year. In general, the export price, however, recorded moderate growth. The growth pace was the most rapid in 2021 when the average export price increased by 407% against the previous year. As a result, the export price attained the peak level of $2,661 per ton, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($10,687 per ton), while the average price for exports to Spain ($773 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 Belgium (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flours and Meals; of Soya Beans in France

In 2022, approx. 4.1K tons of flours and meals; of soya beanses were imported into France; dropping by -29.9% compared with the year before. Overall, imports saw a abrupt setback. The smallest decline of -6.8% was in 2020.

In value terms, imports of flours and meals; of soya beanses declined notably to $4.4M in 2022. Over the period under review, imports showed a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of $5.3M, and then reduced rapidly in the following year.

Top Suppliers of Flours and Meals; of Soya Beans to France in 2022:

1. Spain (1651.0 tons)
2. Austria (1380.3 tons)
3. Serbia (574.8 tons)
4. Netherlands (227.6 tons)
5. Belgium (163.7 tons)

Exports of Flours and Meals; of Soya Beans in France

In 2022, overseas shipments of flours and meals; of soya beanses were finally on the rise to reach 396 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt decline.

In value terms, exports of flours and meals; of soya beanses totaled $815K in 2022. Overall, exports, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2021 when exports increased by 150% against the previous year.

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

1. Spain (196.0 tons)
2. Serbia (39.1 tons)
3. Belgium (38.6 tons)
4. Austria (27.2 tons)
5. Algeria (23.8 tons)
6. United Kingdom (23.8 tons)
7. Senegal (20.3 tons)
8. Germany (9.4 tons)

Source: IndexBox Market Intelligence Platform