Price for Soya Beans; Seed, Whether or Not Broken in Belarus - 2022
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Belarus (CIF) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Belarus (FOB) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Belarus
- Exports of Soya Beans; Seed, Whether or Not Broken in Belarus
Price for Soya Beans; Seed, Whether or Not Broken in Belarus (CIF) - 2022
In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $1,566 per ton, with an increase of 17% against the previous year. Overall, the import price posted a moderate increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 42%. The import price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +20.6% per year.
Price for Soya Beans; Seed, Whether or Not Broken in Belarus (FOB) - 2022
The average export price for soya beans; seed, whether or not brokens stood at $1,698 per ton in 2022, with a decrease of -1.9% against the previous year. Overall, the export price continues to indicate a slight decline. The growth pace was the most rapid in 2017 when the average export price increased by 85% against the previous year. The export price peaked at $4,250 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -1.7% per year.
Imports of Soya Beans; Seed, Whether or Not Broken in Belarus
In 2022, approx. 303 tons of soya beans; seed, whether or not brokens were imported into Belarus; increasing by 78% against the previous year's figure. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 350%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of soya beans; seed, whether or not brokens surged to $475K in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 537% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Soya Beans; Seed, Whether or Not Broken in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 14.8 | 42.7 | 91.5 | 475 | 217.8% |
Germany | N/A | 51.6 | 128 | N/A | 148.1% |
Others | N/A | N/A | 8.5 | N/A | 0% |
Total | 14.8 | 94.3 | 228 | 475 | 217.8% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Belarus in 2022:
- Russia (303.5 tons)
Exports of Soya Beans; Seed, Whether or Not Broken in Belarus
In 2022, the amount of soya beans; seed, whether or not brokens exported from Belarus dropped dramatically to 12 tons, with a decrease of -82.4% compared with the previous year. Overall, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 130% against the previous year. As a result, the exports attained the peak of 69 tons, and then dropped markedly in the following year.
In value terms, exports of soya beans; seed, whether or not brokens declined significantly to $21K in 2022. In general, exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 51% against the previous year. As a result, the exports attained the peak of $120K, and then shrank sharply in the following year.
Export of Soya Beans; Seed, Whether or Not Broken in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 66.2 | 79.4 | 119 | 20.8 | -32.0% |
Others | 0.4 | N/A | 0.8 | N/A | 41.4% |
Total | 66.6 | 79.4 | 120 | 20.8 | -32.2% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Belarus in 2022:
- Russia (12.2 tons)
This report provides an in-depth analysis of the soya bean market in Belarus.
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 Belarus.
This report provides an in-depth analysis of the global soya bean market.
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