Price for Soya Beans; Other than Seed, Whether or Not Broken in Algeria - 2022
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Algeria (CIF) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Algeria (FOB) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Algeria
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Algeria
Price for Soya Beans; Other than Seed, Whether or Not Broken in Algeria (CIF) - 2022
The average import price for soya beans; other than seed, whether or not brokens stood at $427 per ton in 2022, falling by -9% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 soya beans; other than seed, whether or not brokens increased by +50.5% against 2015 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 27%. As a result, import price reached the peak level of $469 per ton, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($460 per ton), while the price for Ukraine ($214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soya Beans; Other than Seed, Whether or Not Broken in Algeria (FOB) - 2022
In 2022, the average export price for soya beans; other than seed, whether or not brokens amounted to $739 per ton, growing by 2.4% against the previous year. Overall, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 25% against the previous year. As a result, the export price attained the peak level of $1,667 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($742 per ton), while the average price for exports to France stood at $571 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-6.8%).
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Algeria
In 2022, after three years of growth, there was significant decline in purchases abroad of soya beans; other than seed, whether or not brokens, when their volume decreased by -14.3% to 848K tons. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 430% against the previous year.
In value terms, imports of soya beans; other than seed, whether or not brokens fell markedly to $362M in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 485% against the previous year.
| Import of Soya Beans; Other than Seed, Whether or Not Broken in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | 116 | 273 | 206 | 33.3% |
| United States | 10.7 | 35.5 | 50.3 | 93.2 | 105.8% |
| Canada | 24.0 | 102 | 136 | 62.3 | 37.4% |
| Ukraine | 9.7 | 7.1 | 5.5 | 1.3 | -48.8% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 44.5 | 260 | 465 | 362 | 101.1% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Algeria in 2022:
- Brazil (490.9K tons)
- United States (202.4K tons)
- Canada (148.3K tons)
- Ukraine (5.9K tons)
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Algeria
In 2022, shipments abroad of soya beans; other than seed, whether or not brokens decreased by -44.8% to 806 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 867%. As a result, the exports attained the peak of 1.5 tons, and then shrank sharply in the following year.
In value terms, exports of soya beans; other than seed, whether or not brokens dropped markedly to $596 in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 664% against the previous year. As a result, the exports attained the peak of $1.1K, and then fell dramatically in the following year.
| Export of Soya Beans; Other than Seed, Whether or Not Broken in Algeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 50.0 | 138 | 1,054 | 588 | 127.4% |
| France | N/A | N/A | N/A | 8.0 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 50.0 | 138 | 1,054 | 596 | 128.4% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Algeria in 2022:
- Canada (792.0 kg)
- France (14.0 kg)
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