Price for Soya Beans; Seed, Whether or Not Broken in Norway - 2024
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Norway (CIF) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Norway (FOB) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Norway
- Exports of Soya Beans; Seed, Whether or Not Broken in Norway
Price for Soya Beans; Seed, Whether or Not Broken in Norway (CIF) - 2022
The average import price for soya beans; seed, whether or not brokens stood at $913 per ton in 2022, reducing by -51.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 66% against the previous year. The import price peaked at $2,058 per ton in 2020; however, from 2021 to 2022, 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 Denmark ($1,295 per ton), while the price for Canada ($787 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+65.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soya Beans; Seed, Whether or Not Broken in Norway (FOB) - 2022
The average export price for soya beans; seed, whether or not brokens stood at $1,000 per ton in 2022, growing by 100% against the previous year. In general, the export price saw significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Denmark.
From 2021 to 2022, the rate of growth in terms of prices for Denmark amounted to +100.0% per year.
Imports of Soya Beans; Seed, Whether or Not Broken in Norway
In 2022, purchases abroad of soya beans; seed, whether or not brokens decreased by -69.7% to 7.5 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2020 with an increase of 366%. As a result, imports reached the peak of 42 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of soya beans; seed, whether or not brokens contracted dramatically to $6.8K in 2022. Over the period under review, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 656% against the previous year. As a result, imports reached the peak of $87K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Soya Beans; Seed, Whether or Not Broken in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | N/A | N/A | N/A | 5.0 | 0% |
Denmark | 5.4 | 4.7 | 30.7 | 0.9 | -45.0% |
Netherlands | 0.3 | 1.1 | 12.8 | 0.6 | 26.0% |
Sweden | 2.9 | 0.1 | 3.3 | 0.3 | -53.1% |
Poland | N/A | 39.9 | N/A | N/A | 0% |
Others | 2.9 | 41.0 | 0.1 | N/A | -81.4% |
Total | 11.5 | 86.9 | 46.9 | 6.8 | -16.1% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Norway in 2022:
- Canada (6.4 tons)
- Denmark (0.7 tons)
- Sweden (0.4 tons)
Exports of Soya Beans; Seed, Whether or Not Broken in Norway
In 2022, the amount of soya beans; seed, whether or not brokens exported from Norway shrank rapidly to 1 kg, waning by -50% against the previous year's figure. In general, exports faced a dramatic decrease.
In value terms, exports of soya beans; seed, whether or not brokens amounted to $1 in 2022. Overall, exports showed a relatively flat trend pattern. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Soya Beans; Seed, Whether or Not Broken in Norway (USD) | |||
---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
Denmark | 1.0 | 1.0 | 0.0% |
Others | N/A | N/A | 0% |
Total | 1.0 | 1.0 | 0.0% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Norway in 2022:
- Denmark (1.0 kg)
This report provides an in-depth analysis of the soya bean market in Norway.
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 Norway.
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