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

Contents:

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

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

In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $1,263 per ton, surging by 9.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 26%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($1,988 per ton), while the price for Russia ($1,174 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for soya beans; seed, whether or not brokens amounted to $1,657 per ton, with an increase of 24% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 108% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

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 +33.0% per year.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of soya beans; seed, whether or not brokens, when their volume increased by 274% to 188 tons. In general, imports, however, recorded a precipitous decrease.

In value terms, imports of soya beans; seed, whether or not brokens soared to $237K in 2022. Overall, imports, however, recorded a precipitous slump.

Import of Soya Beans; Seed, Whether or Not Broken in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia67770.310.8191-34.4%
AustriaN/AN/A0.323.87833.3%
Poland30830.310.418.5-60.8%
United States34.757.712.00.3-79.5%
China20.12.20.9N/A-78.8%
Serbia76.336.012.7N/A-59.2%
Ukraine36.17.99.5N/A-48.7%
Others3.133.51.23.76.1%
Total1,15623857.8237-41.0%

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

  1. Russia (162.6 tons)
  2. Austria (12.0 tons)
  3. Poland (11.7 tons)
  4. United States (0.2 tons)

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

In 2022, approx. 36 tons of soya beans; seed, whether or not brokens were exported from Kazakhstan; with a decrease of -45% compared with the year before. Over the period under review, exports faced a dramatic setback. The smallest decline of -25.8% was in 2021.

In value terms, exports of soya beans; seed, whether or not brokens dropped sharply to $60K in 2022. Overall, exports faced a dramatic slump. The smallest decline of -17.3% was in 2020.

Export of Soya Beans; Seed, Whether or Not Broken in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A60.20%
Uzbekistan12910688.0N/A-17.4%
OthersN/AN/AN/AN/A0%
Total12910688.060.2-22.4%

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

  1. Russia (36.4 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 160

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 374

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 785

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 752

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 4116

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 3893

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 13232

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 1579

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 1525

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 2430

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 - Kazakhstan