Price for Soya Beans; Seed, Whether or Not Broken in Oman - 2022
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Oman (CIF) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Oman (FOB) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Oman
- Exports of Soya Beans; Seed, Whether or Not Broken in Oman
Price for Soya Beans; Seed, Whether or Not Broken in Oman (CIF) - 2022
The average import price for soya beans; seed, whether or not brokens stood at $1,273 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2018 an increase of 86%. As a result, import price attained the peak level of $4,780 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Sri Lanka ($1,275 per ton) and the UK ($1,275 per ton), while the price for Turkey ($1,272 per ton) and India ($1,273 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.1%), while the prices for the other major suppliers experienced a decline.
Price for Soya Beans; Seed, Whether or Not Broken in Oman (FOB) - 2022
In 2022, the average export price for soya beans; seed, whether or not brokens amounted to $1,000 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded a significant expansion. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Free Zones.
From 2015 to 2022, the rate of growth in terms of prices for Qatar amounted to -2.6% per year.
Imports of Soya Beans; Seed, Whether or Not Broken in Oman
In 2022, approx. 12 tons of soya beans; seed, whether or not brokens were imported into Oman; with a decrease of -89.5% against 2021. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 1,224%. As a result, imports reached the peak of 117 tons, and then contracted markedly in the following year.
In value terms, imports of soya beans; seed, whether or not brokens contracted markedly to $16K in 2022. In general, imports faced a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 679%. As a result, imports attained the peak of $149K, and then declined significantly in the following year.
| Import of Soya Beans; Seed, Whether or Not Broken in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.5 | 1.1 | 46.6 | 10.0 | 58.7% |
| Tanzania | N/A | N/A | N/A | 4.4 | 0% |
| Turkey | 1.2 | 0.3 | 0.9 | 0.6 | -20.6% |
| Sri Lanka | N/A | N/A | N/A | 0.3 | 0% |
| United Arab Emirates | 24.3 | 9.4 | 55.5 | N/A | 51.1% |
| Australia | 22.0 | 6.8 | 33.0 | N/A | 22.5% |
| Saudi Arabia | N/A | N/A | 11.9 | N/A | 0% |
| Others | 7.9 | 1.4 | 1.0 | 0.3 | -66.4% |
| Total | 57.9 | 19.1 | 149 | 15.6 | -35.4% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Oman in 2022:
- India (7.9 tons)
- Tanzania (3.4 tons)
- Turkey (0.5 tons)
- Sri Lanka (0.3 tons)
Exports of Soya Beans; Seed, Whether or Not Broken in Oman
After two years of decline, overseas shipments of soya beans; seed, whether or not brokens decreased by 0% to 34 kg in 2022. Over the period under review, exports continue to indicate a precipitous decline. The smallest decline of 99.9% was in 2020.
In value terms, exports of soya beans; seed, whether or not brokens stood at $34 in 2022. In general, exports showed a sharp shrinkage. The smallest decline of 99.9% was in 2020.
| Export of Soya Beans; Seed, Whether or Not Broken in Oman (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | N/A | N/A | N/A | 34.0 | 0% |
| Qatar | 353 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 353 | N/A | N/A | 34.0 | -54.2% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Oman in 2022:
- Free Zones (34.0 kg)
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