Price for Soya Beans; Other than Seed, Whether or Not Broken in Switzerland - 2024
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Switzerland (CIF) - 2024
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Switzerland (FOB) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Switzerland
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Switzerland
Price for Soya Beans; Other than Seed, Whether or Not Broken in Switzerland (CIF) - 2024
In September 2023, the average import price for soya beans; other than seed, whether or not brokens amounted to $1,012 per ton, reducing by -21.8% against the previous month. In general, the import price showed a perceptible curtailment. The pace of growth was the most pronounced in May 2023 an increase of 29% month-to-month. The import price peaked at $1,533 per ton in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,397 per ton), while the price for Germany ($805 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.6%), 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 Switzerland (FOB) - 2022
In 2022, the average export price for soya beans; other than seed, whether or not brokens amounted to $1,370 per ton, rising by 31% against the previous year. Over the period under review, the export price, however, saw a noticeable descent. The pace of growth was the most pronounced in 2014 an increase of 140%. As a result, the export price attained the peak level of $2,536 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($2,518 per ton), while the average price for exports to Germany ($917 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Switzerland
In 2022, approx. 13K tons of soya beans; other than seed, whether or not brokens were imported into Switzerland; shrinking by -4% against 2021 figures. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of 13K tons, and then fell slightly in the following year.
In value terms, imports of soya beans; other than seed, whether or not brokens rose sharply to $14M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Soya Beans; Other than Seed, Whether or Not Broken in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 2.1 | 1.4 | 2.8 | 4.3 | 27.0% |
| Ukraine | 1.4 | 0.4 | 2.8 | 2.8 | 26.0% |
| France | 3.1 | 4.0 | 4.1 | 2.8 | -3.3% |
| Italy | 1.0 | 0.5 | 0.6 | 1.4 | 11.9% |
| Germany | 0.3 | 0.2 | 0.9 | 1.1 | 54.2% |
| Belgium | 0.3 | 0.4 | 0.5 | 0.6 | 26.0% |
| Canada | 0.5 | 0.2 | 0.6 | 0.3 | -15.7% |
| Others | 0.2 | 0.3 | 0.6 | 0.6 | 44.2% |
| Total | 8.9 | 7.4 | 12.8 | 13.8 | 15.7% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Switzerland in 2022:
- Austria (3.4K tons)
- Ukraine (3.3K tons)
- France (3.3K tons)
- Italy (1.0K tons)
- Germany (1.0K tons)
- Belgium (0.6K tons)
- Canada (0.2K tons)
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Switzerland
In 2022, after three years of growth, there was significant decline in shipments abroad of soya beans; other than seed, whether or not brokens, when their volume decreased by -67% to 47 tons. Over the period under review, exports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 18%. As a result, the exports reached the peak of 143 tons, and then contracted rapidly in the following year.
In value terms, exports of soya beans; other than seed, whether or not brokens declined markedly to $65K in 2022. Overall, exports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 9.4%. As a result, the exports attained the peak of $153K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Soya Beans; Other than Seed, Whether or Not Broken in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 46.7 | 35.1 | 30.4 | 30.5 | -13.2% |
| Germany | 53.7 | 89.7 | 51.3 | 28.7 | -18.8% |
| Austria | 11.7 | 26.3 | 65.8 | 5.1 | -24.2% |
| Others | 28.0 | 2.1 | 2.1 | 0.6 | -72.2% |
| Total | 140 | 153 | 150 | 64.8 | -22.6% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Switzerland in 2022:
- Germany (31.3 tons)
- France (12.1 tons)
- Austria (3.7 tons)
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