Price for Soya Beans; Seed, Whether or Not Broken in Egypt - 2022

Contents:

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

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

In 2022, the average export price for soya beans; seed, whether or not brokens amounted to $981 per ton, approximately equating the previous year. Overall, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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 Canada ($1,118 per ton), while the average price for exports to Tunisia totaled $738 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-1.8%).

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

The average import price for soya beans; seed, whether or not brokens stood at $1,175 per ton in 2021, surging by 57% against the previous year. In general, the import price showed a remarkable increase. Over the period under review, average import prices reached the maximum at $1,260 per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Argentina ($1,175 per ton) and Ukraine ($1,175 per ton), while the price for Germany ($1,175 per ton) and the United States ($1,175 per ton) were amongst the lowest.

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.1%).

Exports of Soya Beans; Seed, Whether or Not Broken in Egypt

Exports of soya beans; seed, whether or not brokens from Egypt was estimated at 5.1 tons in 2022, approximately equating the previous year's figure. In general, exports faced a precipitous setback. The smallest decline of 99.9% was in 2021.

In value terms, exports of soya beans; seed, whether or not brokens amounted to $5K in 2022. Overall, exports faced a significant contraction. The smallest decline of 99.9% was in 2021.

Export of Soya Beans; Seed, Whether or Not Broken in Egypt (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Canada11.0N/A3.6-42.8%
TunisiaN/AN/A0.70%
Netherlands25.2N/AN/A0%
Others25.2N/A0.7-83.3%
Total61.4N/A5.0-71.5%

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

  1. Canada (3.3 tons)
  2. Tunisia (0.9 tons)

Imports of Soya Beans; Seed, Whether or Not Broken in Egypt

In 2021, imports of soya beans; seed, whether or not brokens into Egypt soared to 36K tons, growing by 214,168% compared with the year before. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of soya beans; seed, whether or not brokens soared to $42M in 2021. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Soya Beans; Seed, Whether or Not Broken in Egypt (Million USD)
COUNTRY20202021CAGR,
2020-2021
UkraineN/A5.60%
United StatesN/A5.60%
GermanyN/A5.60%
ArgentinaN/A4.30%
OthersN/A21.20%
TotalN/A42.40%

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

  1. Ukraine (4.8K tons)
  2. United States (4.8K tons)
  3. Germany (4.8K tons)
  4. Argentina (3.7K tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Global Soya Beans Market Expected to See Significant Growth with a CAGR of +3.5% to $278.3B by 2030
Apr 25, 2024
Eye 170

Global demand for soya beans is expected to continue increasing over the next seven years, with market performance forecasted to accelerate and reach 451M tons by 2030. The market value is projected to grow to $278.3B by 2030.

Best Import Markets for Soya Bean
Nov 10, 2023
Eye 390

Explore the top import markets for Soya Bean, including China, Mexico, Japan, and more. Learn about their import values and key statistics in the global Soya Bean market.

Lower Supply in South America to Raise Soybean Price Forecast in 2022
Feb 11, 2022
Eye 791

In 2021, the average annual soybean price soared by 43% y/y to $583 per ton. This year, soybean prices were expected to remain relatively stable, but shortages in supply are likely to spur their growth.  

Soybean Production in the U.S. and Brazil to Expand Robustly Driven by Rising Demand from China
Jun 7, 2021
Eye 777

The currently increasing demand for soybeans in biofuel production, animal feed and food products outpaced production growth, resulting in a significant hike in soya prices. Together with expectations of further price growth, it contributes to rising costs of many downstream products and accelerates food inflation. In China,  rebuilding pig herds after swine fever outbreaks emerges as a new driver for the global market. Those factors highlight soybeans as an attractive commodity to invest in, leading to robust expansion of crop acreage in the U.S. and Brazil. 

Global Soybean Market - China Drives Global Consumption Growth
Sep 18, 2018
Eye 4126

Global Soybean Market: Soybean is widely used both in animal feeding and human consumption, with soyfeed taking the larger part of consumption. For human consumption such products as soy oil, soy milk, soy flour, soy protein, tofu and many retail food

Which Country Consumes the Most Soya Beans in the World?
Feb 9, 2018
Eye 3930

Global soya bean consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.

Which Countries Consume the Most Soya Beans?
Mar 2, 2017
Eye 13272

From 2008 to 2015, the global soya bean market was roller-coast in physical terms, showing an upward trend, overall. The last wave started from a local low point in 2012 at X million tons. Over the next two years, the market posted solid gains. How

Which Countries Produce the Most Soya Beans?
Feb 27, 2017
Eye 1587

Global production on the soya bean market was roller-coast over the period under review, rising with an annual growth rates at +X%. The most significant setback occurred in 2012 by X% Y-o-Y, and in the next two years production volume surged and reac

Which Countries Import the Most Soya Beans?
Feb 23, 2017
Eye 1534

The volume of total imports on the global soya bean market in 2015 stood at X million tons. There was an annual increase of +X% for the period from 2008 to 2015. In value terms, imports of soya beans dropped to X billion USD in 2015, which was X

Soya Bean Market - China Remains the Most Promising Market for Soybeans
Aug 15, 2016
Eye 2442

According to a recently published report by IndexBox Marketing, China is the largest consumer on the soy beanmarket in the world. At the same time, X% of China's total consumption in 2015 accounted for imports. In 2016, according to Oil World data, th

Free Data: Soya beans; seed, whether or not broken - Egypt