Price for Soya Beans; Other than Seed, Whether or Not Broken in Sudan - 2022

Contents:

  1. Price for Soya Beans; Other than Seed, Whether or Not Broken in Sudan (FOB) - 2022
  2. Price for Soya Beans; Other than Seed, Whether or Not Broken in Sudan (CIF) - 2022
  3. Exports of Soya Beans; Other than Seed, Whether or Not Broken in Sudan
  4. Imports of Soya Beans; Other than Seed, Whether or Not Broken in Sudan

Price for Soya Beans; Other than Seed, Whether or Not Broken in Sudan (FOB) - 2022

The average export price for soya beans; other than seed, whether or not brokens stood at $740 per ton in 2022, remaining stable against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for soya beans; other than seed, whether or not brokens increased by +61.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 35%. The export price peaked at $741 per ton in 2021, and then dropped modestly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -3.0% per year.

Price for Soya Beans; Other than Seed, Whether or Not Broken in Sudan (CIF) - 2022

The average import price for soya beans; other than seed, whether or not brokens stood at $2,608 per ton in 2022, falling by -15.8% against the previous year. Overall, the import price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 61%. Over the period under review, average import prices hit record highs at $3,096 per ton in 2021, and then shrank remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +222.0% per year.

Exports of Soya Beans; Other than Seed, Whether or Not Broken in Sudan

Exports of soya beans; other than seed, whether or not brokens from Sudan declined rapidly to 2.1K tons in 2022, which is down by -49.6% against 2021 figures. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 12,458% against the previous year. As a result, the exports reached the peak of 4.1K tons, and then reduced dramatically in the following year.

In value terms, exports of soya beans; other than seed, whether or not brokens contracted sharply to $1.5M in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 14,931%. As a result, the exports attained the peak of $3.1M, and then contracted dramatically in the following year.

Export of Soya Beans; Other than Seed, Whether or Not Broken in Sudan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/A3.11.5-51.6%
OthersN/AN/AN/AN/A0%
TotalN/AN/A3.11.5-51.6%

Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Sudan in 2022:

  1. India (2.1K tons)

Imports of Soya Beans; Other than Seed, Whether or Not Broken in Sudan

After two years of decline, overseas purchases of soya beans; other than seed, whether or not brokens increased by 13% to 113 tons in 2022. Overall, imports, however, faced a abrupt setback.

In value terms, imports of soya beans; other than seed, whether or not brokens fell to $296K in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 12%.

Import of Soya Beans; Other than Seed, Whether or Not Broken in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2492783112955.8%
Others1.31.41.51.42.5%
Total2502803122965.8%

Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Sudan in 2022:

  1. Italy (112.6 tons)

Source: IndexBox Market Intelligence Platform

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