Price for Soya Beans; Seed, Whether or Not Broken in Hungary - 2023
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Hungary (FOB) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Hungary (CIF) - 2022
- Exports of Soya Beans; Seed, Whether or Not Broken in Hungary
- Imports of Soya Beans; Seed, Whether or Not Broken in Hungary
Price for Soya Beans; Seed, Whether or Not Broken in Hungary (FOB) - 2022
The average export price for soya beans; seed, whether or not brokens stood at $1,052 per ton in 2022, with an increase of 8.3% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% 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; seed, whether or not brokens increased by +15.9% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 69%. As a result, the export price attained the peak level of $1,330 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($1,758 per ton), while the average price for exports to Austria ($862 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 Romania (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Soya Beans; Seed, Whether or Not Broken in Hungary (CIF) - 2022
In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $1,265 per ton, with a decrease of -3.2% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for soya beans; seed, whether or not brokens decreased by -31.5% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 81% against the previous year. As a result, import price attained the peak level of $1,848 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($1,628 per ton), while the price for Slovakia ($823 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soya Beans; Seed, Whether or Not Broken in Hungary
Exports of soya beans; seed, whether or not brokens from Hungary skyrocketed to 2.5K tons in 2022, picking up by 34% on 2021. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -7.7% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 77% against the previous year. As a result, the exports reached the peak of 2.7K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of soya beans; seed, whether or not brokens soared to $2.6M in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 84%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Soya Beans; Seed, Whether or Not Broken in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 543 | 778 | 672 | 1,505 | 40.5% |
Slovakia | 366 | 539 | 757 | 777 | 28.5% |
Czech Republic | 19.7 | 79.5 | 6.3 | 102 | 73.0% |
Italy | N/A | 18.3 | 59.2 | 80.2 | 109.3% |
Poland | 1.7 | 31.6 | N/A | 77.1 | 256.6% |
Germany | 0.2 | 103 | 183 | 18.1 | 349.0% |
Romania | 130 | 264 | 67.6 | 16.0 | -50.3% |
France | N/A | 178 | N/A | N/A | 0% |
Others | 43.2 | 41.9 | 37.9 | 10.5 | -37.6% |
Total | 1,103 | 2,033 | 1,783 | 2,586 | 32.8% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Hungary in 2022:
- Austria (1747.2 tons)
- Slovakia (486.0 tons)
- Czech Republic (73.0 tons)
- Poland (61.7 tons)
- Italy (48.0 tons)
- Germany (26.8 tons)
- Romania (9.1 tons)
Imports of Soya Beans; Seed, Whether or Not Broken in Hungary
Imports of soya beans; seed, whether or not brokens into Hungary surged to 1.2K tons in 2022, jumping by 111% on 2021. Over the period under review, imports recorded a significant expansion. 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 skyrocketed to $1.6M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Soya Beans; Seed, Whether or Not Broken in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 247 | 163 | 263 | 534 | 29.3% |
France | 169 | 169 | 166 | 344 | 26.7% |
Slovakia | N/A | 19.2 | 224 | 305 | 298.6% |
Croatia | N/A | 70.2 | 57.7 | 197 | 67.5% |
Serbia | 4.4 | 12.8 | 14.0 | 145 | 220.6% |
Argentina | N/A | N/A | N/A | 30.2 | 0% |
Germany | 81.8 | 90.9 | 43.6 | 3.4 | -65.4% |
Others | 2.8 | 0.8 | N/A | 10.0 | 52.9% |
Total | 506 | 526 | 769 | 1,568 | 45.8% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Hungary in 2022:
- Slovakia (370.2 tons)
- Austria (327.9 tons)
- France (238.4 tons)
- Croatia (156.3 tons)
- Serbia (117.6 tons)
- Argentina (23.6 tons)
- Germany (2.6 tons)
This report provides an in-depth analysis of the soya bean market in Hungary.
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 Hungary.
This report provides an in-depth analysis of the global soya bean market.
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