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

Contents:

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

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

The average import price for flours and meals; of soya beanses stood at $1,399 per ton in 2022, jumping by 26% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flours and meals; of soya beanses increased by +54.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 38% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($1,477 per ton) and the Netherlands ($1,443 per ton), while the price for Serbia ($1,308 per ton) and Poland ($1,398 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for flours and meals; of soya beanses stood at $625 per ton in 2022, waning by -1.9% against the previous year. In general, the export price showed a noticeable shrinkage. The growth pace was the most rapid in 2019 when the average export price increased by 17%. Over the period under review, the average export prices attained the maximum at $928 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Armenia.

From 2012 to 2022, the rate of growth in terms of prices for Moldova amounted to +67.6% per year.

Imports of Flours and Meals; of Soya Beans in Ukraine

After three years of growth, supplies from abroad of flours and meals; of soya beanses decreased by -51.2% to 65 tons in 2022. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 38%.

In value terms, imports of flours and meals; of soya beanses contracted sharply to $90K in 2022. Over the period under review, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 40%.

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

1. Serbia (25.5 tons)
2. Austria (21.7 tons)
3. Netherlands (15.1 tons)
4. Poland (2.2 tons)

Exports of Flours and Meals; of Soya Beans in Ukraine

In 2022, shipments abroad of flours and meals; of soya beanses increased by 440% to 2.8 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic setback.

In value terms, exports of flours and meals; of soya beanses soared to $1.7K in 2022. Overall, exports, however, showed a dramatic contraction.

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

1. Armenia (2.8 tons)

Source: IndexBox Market Intelligence Platform