Price for Flours and Meals; of Soya Beans in Iran - 2022

Contents:

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

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

In 2022, the average export price for flours and meals; of soya beanses amounted to $1,276 per ton, waning by -10.8% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 20% against the previous year. As a result, the export price reached the peak level of $1,431 per ton, and then reduced in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($1,277 per ton), while the average price for exports to Iraq stood at $1,146 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+1.4%).

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

The average import price for flours and meals; of soya beanses stood at $643 per ton in 2022, waning by -3.6% against the previous year. In general, the import price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2019 when the average import price increased by 45% against the previous year. As a result, import price reached the peak level of $1,219 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($724 per ton), while the price for China stood at $642 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.3%), while the prices for the other major suppliers experienced a decline.

Exports of Flours and Meals; of Soya Beans in Iran

In 2022, after two years of decline, there was significant growth in shipments abroad of flours and meals; of soya beanses, when their volume increased by 47% to 33 tons. In general, exports, however, showed a precipitous decline.

In value terms, exports of flours and meals; of soya beanses skyrocketed to $42K in 2022. Over the period under review, exports, however, saw a precipitous shrinkage.

Export of Flours and Meals; of Soya Beans in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan76.446.828.737.1-21.4%
Iraq8.45.23.24.1-21.3%
Others0.40.60.51.244.2%
Total85.252.532.342.4-20.8%

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

  1. Afghanistan (29.1 tons)
  2. Iraq (3.6 tons)

Imports of Flours and Meals; of Soya Beans in Iran

In 2022, purchases abroad of flours and meals; of soya beanses was finally on the rise to reach 26 tons after two years of decline. In general, imports, however, showed a precipitous slump.

In value terms, imports of flours and meals; of soya beanses surged to $16K in 2022. Over the period under review, imports, however, recorded a dramatic slump.

Import of Flours and Meals; of Soya Beans in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China80.319.512.716.1-41.5%
United Arab Emirates1.70.40.30.3-43.9%
OthersN/AN/AN/AN/A0%
Total82.019.912.916.4-41.5%

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

  1. China (25.1 tons)
  2. United Arab Emirates (0.5 tons)

Source: IndexBox Market Intelligence Platform

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