Price for Soya Beans; Seed, Whether or Not Broken in Bangladesh - 2022
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Bangladesh (CIF) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Bangladesh (FOB) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Bangladesh
- Exports of Soya Beans; Seed, Whether or Not Broken in Bangladesh
Price for Soya Beans; Seed, Whether or Not Broken in Bangladesh (CIF) - 2022
In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $491 per ton, with an increase of 5.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 5.4% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.5% per year.
Price for Soya Beans; Seed, Whether or Not Broken in Bangladesh (FOB) - 2022
In 2021, the average export price for soya beans; seed, whether or not brokens amounted to $953 per ton, falling by -5.1% against the previous year. Over the last three years, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2019 an increase of 9%. As a result, the export price attained the peak level of $1,008 per ton. From 2020 to 2021, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Oman.
From 2018 to 2021, the rate of growth in terms of prices for Oman amounted to +1.0% per year.
Imports of Soya Beans; Seed, Whether or Not Broken in Bangladesh
For the fourth consecutive year, Bangladesh recorded growth in purchases abroad of soya beans; seed, whether or not brokens, which increased by 86% to 21K tons in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 86%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of soya beans; seed, whether or not brokens surged to $10M in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 96%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
Import of Soya Beans; Seed, Whether or Not Broken in Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.3 | 2.6 | 5.2 | 10.1 | 98.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.3 | 2.6 | 5.2 | 10.1 | 98.1% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Bangladesh in 2022:
- United States (20.7K tons)
Exports of Soya Beans; Seed, Whether or Not Broken in Bangladesh
In 2021, overseas shipments of soya beans; seed, whether or not brokens decreased by -7.8% to 595 kg for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 385% against the previous year. As a result, the exports reached the peak of 645 kg, and then contracted in the following year.
In value terms, exports of soya beans; seed, whether or not brokens contracted to $567 in 2021. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 384% against the previous year. As a result, the exports attained the peak of $648, and then contracted in the following year.
Export of Soya Beans; Seed, Whether or Not Broken in Bangladesh (USD) | ||||
---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
Oman | 134 | 133 | 567 | 105.7% |
United Arab Emirates | N/A | 515 | N/A | 0% |
Others | N/A | N/A | N/A | 0% |
Total | 134 | 648 | 567 | 105.7% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Bangladesh in 2022:
- Oman (595.0 kg)
This report provides an in-depth analysis of the soya bean market in Bangladesh.
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 Bangladesh.
This report provides an in-depth analysis of the global soya bean market.
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