Price for Soya Beans; Seed, Whether or Not Broken in Jordan - 2022
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Jordan (CIF) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Jordan
Price for Soya Beans; Seed, Whether or Not Broken in Jordan (CIF) - 2022
The average import price for soya beans; seed, whether or not brokens stood at $970 per ton in 2022, rising by 5.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 49% against the previous year. The import price peaked at $2,271 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($1,828 per ton), while the price for Nigeria stood at $833 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+50.9%).
Imports of Soya Beans; Seed, Whether or Not Broken in Jordan
Imports of soya beans; seed, whether or not brokens into Jordan skyrocketed to 20 tons in 2022, rising by 19% compared with the year before. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 42% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of soya beans; seed, whether or not brokens skyrocketed to $19K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 35%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
Import of Soya Beans; Seed, Whether or Not Broken in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nigeria | N/A | 3.7 | N/A | 14.5 | 98.0% |
Sri Lanka | 12.1 | 7.8 | 15.5 | 5.0 | -25.5% |
India | 3.1 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 15.2 | 11.5 | 15.5 | 19.5 | 8.7% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Jordan in 2022:
- Nigeria (17.3 tons)
- Sri Lanka (2.8 tons)
This report provides an in-depth analysis of the soya bean market in Jordan.
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 Jordan.
This report provides an in-depth analysis of the global soya bean market.
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