Price for Soya Beans; Seed, Whether or Not Broken in Ireland - 2023
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Ireland (FOB) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Ireland (CIF) - 2022
- Exports of Soya Beans; Seed, Whether or Not Broken in Ireland
- Imports of Soya Beans; Seed, Whether or Not Broken in Ireland
Price for Soya Beans; Seed, Whether or Not Broken in Ireland (FOB) - 2022
The average export price for soya beans; seed, whether or not brokens stood at $954 per ton in 2022, picking up by 11% against the previous year. In general, the export price posted a tangible expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 50%. The export price peaked in 2022 and is likely to see steady growth in years to come.
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 the UK ($903 per ton), while the average price for exports to the Netherlands totaled $437 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.8%).
Price for Soya Beans; Seed, Whether or Not Broken in Ireland (CIF) - 2022
The average import price for soya beans; seed, whether or not brokens stood at $939 per ton in 2022, growing by 56% against the previous year. In general, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 167% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($1,002 per ton), while the price for the Netherlands stood at $923 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.2%), while the prices for the other major suppliers experienced a decline.
Exports of Soya Beans; Seed, Whether or Not Broken in Ireland
Exports of soya beans; seed, whether or not brokens from Ireland soared to 106 tons in 2022, increasing by 1,153% against the previous year's figure. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of soya beans; seed, whether or not brokens surged to $101K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Soya Beans; Seed, Whether or Not Broken in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | N/A | N/A | 41.2 | 0% |
United Kingdom | 0.9 | 3.2 | 7.2 | 9.8 | 121.6% |
Others | N/A | N/A | N/A | 50.0 | 0% |
Total | 0.9 | 3.2 | 7.3 | 101 | 382.3% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Ireland in 2022:
- Netherlands (94.3 tons)
- United Kingdom (10.9 tons)
Imports of Soya Beans; Seed, Whether or Not Broken in Ireland
In 2022, overseas purchases of soya beans; seed, whether or not brokens decreased by -66.1% to 48 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 17,532%. As a result, imports reached the peak of 5.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of soya beans; seed, whether or not brokens declined notably to $45K in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 15,131%. As a result, imports attained the peak of $2.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Soya Beans; Seed, Whether or Not Broken in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 10.0 | 32.2 | 83.8 | 44.0 | 63.9% |
Canada | N/A | 2,383 | N/A | N/A | 0% |
Others | 6.1 | 31.9 | 1.6 | 1.2 | -41.8% |
Total | 16.1 | 2,447 | 85.4 | 45.2 | 41.1% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Ireland in 2022:
- Netherlands (47.7 tons)
This report provides an in-depth analysis of the soya bean market in Ireland.
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 Ireland.
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