Price for Soya Beans; Other than Seed, Whether or Not Broken in Kuwait - 2022
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Kuwait (CIF) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Kuwait
Price for Soya Beans; Other than Seed, Whether or Not Broken in Kuwait (CIF) - 2022
The average import price for soya beans; other than seed, whether or not brokens stood at $779 per ton in 2022, which is down by -11.7% against the previous year. Over the period under review, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 42%. Over the period under review, average import prices hit record highs at $1,553 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($2,209 per ton), while the price for Belgium ($751 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+94.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Kuwait
In 2022, the amount of soya beans; other than seed, whether or not brokens imported into Kuwait declined markedly to 84 tons, waning by -46.1% against 2021 figures. In general, imports recorded a precipitous contraction. The smallest decline of -38.9% was in 2020.
In value terms, imports of soya beans; other than seed, whether or not brokens contracted markedly to $66K in 2022. Over the period under review, imports saw a sharp downturn. The smallest decline of -37.7% was in 2020.
Import of Soya Beans; Other than Seed, Whether or Not Broken in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 69.9 | 48.5 | 12.7 | 39.5 | -17.3% |
China | 2.6 | 5.2 | 1.4 | 15.0 | 79.4% |
Belgium | N/A | N/A | N/A | 6.2 | 0% |
Japan | 25.2 | 26.8 | 13.4 | 3.6 | -47.7% |
Thailand | 28.8 | 12.6 | 3.2 | 0.3 | -78.2% |
Bulgaria | 8.2 | N/A | N/A | N/A | 0% |
Argentina | 24.1 | N/A | 16.4 | N/A | -17.5% |
United Kingdom | 73.4 | 53.0 | 50.4 | N/A | -17.1% |
Taiwan (Chinese) | 104 | 68.5 | 14.3 | N/A | -62.9% |
Saudi Arabia | 30.9 | N/A | N/A | N/A | 0% |
Ukraine | 15.9 | 17.5 | 21.5 | N/A | 16.3% |
Others | 8.1 | 11.7 | 4.7 | 0.9 | -51.9% |
Total | 391 | 244 | 138 | 65.6 | -44.8% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Kuwait in 2022:
- India (52.6 tons)
- China (19.9 tons)
- Belgium (8.3 tons)
- Japan (1.9 tons)
- Thailand (0.2 tons)
This report provides an in-depth analysis of the soya bean market in Kuwait.
This report provides an in-depth analysis of the global soya bean market.
This report provides an in-depth analysis of the soya bean market in Kuwait.
This report provides an in-depth analysis of the global soya bean market.
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