Price for Soya Beans; Seed, Whether or Not Broken in New Zealand - 2023
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in New Zealand (CIF) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in New Zealand (FOB) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in New Zealand
- Exports of Soya Beans; Seed, Whether or Not Broken in New Zealand
Price for Soya Beans; Seed, Whether or Not Broken in New Zealand (CIF) - 2022
The average import price for soya beans; seed, whether or not brokens stood at $1,246 per ton in 2022, reducing by -3% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2013 an increase of 55%. Over the period under review, average import prices reached the maximum at $1,676 per ton in 2018; however, from 2019 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 China ($1,919 per ton), while the price for Canada amounted to $1,137 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soya Beans; Seed, Whether or Not Broken in New Zealand (FOB) - 2022
In 2022, the average export price for soya beans; seed, whether or not brokens amounted to $5,276 per ton, rising by 163% against the previous year. Overall, the export price posted a strong expansion. The pace of growth was the most pronounced in 2013 an increase of 272%. The export price peaked at $10,682 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for French Polynesia.
From 2012 to 2022, the rate of growth in terms of prices for New Caledonia amounted to +11.4% per year.
Imports of Soya Beans; Seed, Whether or Not Broken in New Zealand
In 2022, supplies from abroad of soya beans; seed, whether or not brokens decreased by -59.4% to 178 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,285% against the previous year.
In value terms, imports of soya beans; seed, whether or not brokens declined remarkably to $222K in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,184%.
| Import of Soya Beans; Seed, Whether or Not Broken in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | 151 | 438 | 182 | 9.8% |
| China | 12.5 | 30.7 | 3.2 | 32.7 | 37.8% |
| Australia | N/A | 23.4 | 103 | N/A | 340.2% |
| Others | 3.6 | 2.3 | 19.4 | 7.5 | 27.7% |
| Total | 16.2 | 207 | 564 | 222 | 139.3% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to New Zealand in 2022:
- Canada (160.0 tons)
- China (17.0 tons)
Exports of Soya Beans; Seed, Whether or Not Broken in New Zealand
In 2022, after three years of growth, there was significant decline in overseas shipments of soya beans; seed, whether or not brokens, when their volume decreased by -64% to 1.6 tons. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 3,180% against the previous year.
In value terms, exports of soya beans; seed, whether or not brokens declined to $8.3K in 2022. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,797% against the previous year.
| Export of Soya Beans; Seed, Whether or Not Broken in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| French Polynesia | 0.1 | 0.1 | 0.2 | 8.3 | 336.2% |
| China | N/A | 7.6 | 8.2 | N/A | 7.9% |
| Others | 0.3 | 0.1 | 0.3 | N/A | 0.0% |
| Total | 0.4 | 7.8 | 8.7 | 8.3 | 174.8% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from New Zealand in 2022:
- French Polynesia (1.6 tons)
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This report provides an in-depth analysis of the soya bean market in New Zealand.
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This report provides an in-depth analysis of the global soya bean market.
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This report provides an in-depth analysis of the soya bean market in New Zealand.
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This report provides an in-depth analysis of the global soya bean market.
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