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

Contents:

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

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

The average export price for flours and meals; of soya beanses stood at $6,094 per ton in 2022, jumping by 46% against the previous year. In general, the export price, however, continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2016 an increase of 54%. As a result, the export price reached the peak level of $8,806 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13,859 per ton), while the average price for exports to Vietnam ($3,008 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 Thailand (+10.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for flours and meals; of soya beanses amounted to $1,699 per ton, rising by 8.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 36%. As a result, import price reached the peak level of $2,236 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.4% per year.

Exports of Flours and Meals; of Soya Beans in Japan

In 2022, the amount of flours and meals; of soya beanses exported from Japan skyrocketed to 149 tons, jumping by 91% compared with the previous year's figure. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of flours and meals; of soya beanses skyrocketed to $907K in 2022. Over the period under review, 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.

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

1. Indonesia (106.0 tons)
2. United States (36.0 tons)
3. Vietnam (6.0 tons)
4. Thailand (0.5 tons)

Imports of Flours and Meals; of Soya Beans in Japan

In 2022, imports of flours and meals; of soya beanses into Japan shrank notably to 61 tons, with a decrease of -27.6% against the year before. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 77%. As a result, imports reached the peak of 84 tons, and then reduced markedly in the following year.

In value terms, imports of flours and meals; of soya beanses reduced dramatically to $104K in 2022. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of $132K, and then reduced markedly in the following year.

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

1. United States (61.0 tons)

Source: IndexBox Market Intelligence Platform