Price for Soya Beans; Other than Seed, Whether or Not Broken in Myanmar - 2023
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Myanmar (CIF) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Myanmar (FOB) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Myanmar
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Myanmar
Price for Soya Beans; Other than Seed, Whether or Not Broken in Myanmar (CIF) - 2022
The average import price for soya beans; other than seed, whether or not brokens stood at $999 per ton in 2022, rising by 20% against the previous year. Overall, the import price enjoyed a notable increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 49%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +19.4% per year.
Price for Soya Beans; Other than Seed, Whether or Not Broken in Myanmar (FOB) - 2022
The average export price for soya beans; other than seed, whether or not brokens stood at $730 per ton in 2022, with a decrease of -9.3% against the previous year. Over the period under review, the export price, however, showed slight growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 221%. As a result, the export price attained the peak level of $1,473 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Nepal.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +31.5% per year.
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Myanmar
In 2022, the amount of soya beans; other than seed, whether or not brokens imported into Myanmar shrank slightly to 1.3K tons, dropping by -4.8% compared with the previous year's figure. Over the period under review, imports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2021 with an increase of 74%.
In value terms, imports of soya beans; other than seed, whether or not brokens rose rapidly to $1.3M in 2022. In general, imports recorded a sharp reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 130%.
Import of Soya Beans; Other than Seed, Whether or Not Broken in Myanmar (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 0.6 | 0.5 | 1.1 | 1.3 | 29.4% |
Brazil | 4.2 | N/A | N/A | N/A | 0% |
United States | 0.7 | N/A | N/A | N/A | 0% |
Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
Total | 5.6 | 0.5 | 1.1 | 1.3 | -38.5% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Myanmar in 2022:
- Canada (1.3K tons)
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Myanmar
In 2022, shipments abroad of soya beans; other than seed, whether or not brokens decreased by -93.7% to 230 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 393% against the previous year. As a result, the exports attained the peak of 13K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of soya beans; other than seed, whether or not brokens contracted significantly to $168K in 2022. Over the period under review, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2020 with an increase of 492%. As a result, the exports attained the peak of $7.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Soya Beans; Other than Seed, Whether or Not Broken in Myanmar (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nepal | N/A | N/A | N/A | 0.2 | 0% |
Thailand | N/A | 1.0 | 0.3 | N/A | -70.0% |
Vietnam | N/A | 0.2 | N/A | N/A | 0% |
India | 1.2 | 6.1 | 2.7 | N/A | 50.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.2 | 7.4 | 3.0 | 0.2 | -45.0% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Myanmar in 2022:
- Nepal (230.0 tons)
This report provides an in-depth analysis of the soya bean market in Myanmar.
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 Myanmar.
This report provides an in-depth analysis of the global soya bean market.
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