Price for Flours and Meals; of Soya Beans in Mexico - 2023
Contents:
- Price for Flours and Meals; of Soya Beans in Mexico (FOB) - 2022
- Price for Flours and Meals; of Soya Beans in Mexico (CIF) - 2022
- Exports of Flours and Meals; of Soya Beans in Mexico
- Imports of Flours and Meals; of Soya Beans in Mexico
Price for Flours and Meals; of Soya Beans in Mexico (FOB) - 2022
The average export price for flours and meals; of soya beanses stood at $1,417 per ton in 2022, surging by 37% against the previous year. Overall, the export price recorded a noticeable increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 62%. As a result, the export price attained the peak level of $1,767 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, 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 +5.5% per year.
Price for Flours and Meals; of Soya Beans in Mexico (CIF) - 2022
The average import price for flours and meals; of soya beanses stood at $1,192 per ton in May 2021, leveling off at the previous month. In general, the import price posted a prominent increase. Over the period under review, average import prices reached the maximum in May 2021.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From February 2021 to May 2021, the rate of growth in terms of prices for the United States amounted to +9.7% per month.
Exports of Flours and Meals; of Soya Beans in Mexico
In 2022, the amount of flours and meals; of soya beanses exported from Mexico dropped markedly to 29 tons, waning by -31.9% on the year before. Over the period under review, exports continue to indicate a dramatic slump.
In value terms, exports of flours and meals; of soya beanses declined to $41K in 2022. In general, exports recorded a significant contraction.
| Export of Flours and Meals; of Soya Beans in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 94.2 | 43.6 | 40.6 | -34.3% | |
| El Salvador | 39.5 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 134 | 43.6 | 40.6 | -45.0% | |
Top Export Markets for Flours and Meals; of Soya Beans from Mexico in 2022:
- United States (28.6 tons)
Imports of Flours and Meals; of Soya Beans in Mexico
In 2022, purchases abroad of flours and meals; of soya beanses was finally on the rise to reach 750 tons after two years of decline. Overall, imports, however, faced a precipitous decline.
In value terms, imports of flours and meals; of soya beanses skyrocketed to $607K in 2022. Over the period under review, imports, however, faced a sharp slump.
| Import of Flours and Meals; of Soya Beans in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,499 | 937 | 276 | 607 | -26.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,499 | 937 | 276 | 607 | -26.0% |
Top Suppliers of Flours and Meals; of Soya Beans to Mexico in 2022:
- United States (749.6 tons)
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