Price for Soya Beans; Other than Seed, Whether or Not Broken in Iraq - 2022
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Iraq (CIF) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Iraq (FOB) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Iraq
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Iraq
Price for Soya Beans; Other than Seed, Whether or Not Broken in Iraq (CIF) - 2022
In 2022, the average import price for soya beans; other than seed, whether or not brokens amounted to $893 per ton, with a decrease of -3.6% against the previous year. In general, the import price, however, showed a buoyant increase. The growth pace was the most rapid in 2019 when the average import price increased by 102% against the previous year. The import price peaked at $927 per ton in 2021, and then reduced in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Lebanon ($1,000 per ton) and Iran ($1,000 per ton), while the price for the United States ($893 per ton) and Turkey ($896 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+16.5%), 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 Iraq (FOB) - 2022
The average export price for soya beans; other than seed, whether or not brokens stood at $3,750 per ton in 2021, flattening at the previous year. In general, the export price recorded significant growth. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2019 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Iraq
In 2022, the amount of soya beans; other than seed, whether or not brokens imported into Iraq dropped rapidly to 148 tons, with a decrease of -23.9% against 2021. In general, imports showed a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 90%.
In value terms, imports of soya beans; other than seed, whether or not brokens shrank sharply to $133K in 2022. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 114%.
| Import of Soya Beans; Other than Seed, Whether or Not Broken in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 132 | 0% |
| Turkey | 152 | 68.5 | 61.2 | 0.4 | -86.2% |
| Croatia | N/A | N/A | 104 | N/A | 0% |
| India | 19.8 | 8.2 | 6.3 | N/A | -43.6% |
| Others | 21.3 | 7.7 | 8.9 | 0.2 | -78.9% |
| Total | 193 | 84.4 | 181 | 133 | -11.7% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Iraq in 2022:
- United States (147.7 tons)
- Turkey (0.4 tons)
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Iraq
Exports of soya beans; other than seed, whether or not brokens from Iraq totaled 8 kg in 2021, remaining constant against 2020 figures. In general, exports faced a significant contraction. The smallest decline of 99.9% was in 2020.
In value terms, exports of soya beans; other than seed, whether or not brokens amounted to $30 in 2021. Over the period under review, exports continue to indicate a precipitous setback. The smallest decline of 99.9% was in 2020.
| Export of Soya Beans; Other than Seed, Whether or Not Broken in Iraq (USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| United Arab Emirates | N/A | N/A | 30.0 | 0% |
| Canada | 637 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 637 | N/A | 30.0 | -78.3% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Iraq in 2022:
- United Arab Emirates (8.0 kg)
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