Price for Soya Beans; Seed, Whether or Not Broken in Poland - 2023

Contents:

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

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

The average import price for soya beans; seed, whether or not brokens stood at $647 per ton in 2022, waning by -8.6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 36%. Over the period under review, average import prices hit record highs at $888 per ton in 2014; however, from 2015 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 Germany ($824 per ton), while the price for Ukraine ($432 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for soya beans; seed, whether or not brokens stood at $734 per ton in 2022, waning by -36.7% against the previous year. In general, the export price, however, continues to indicate mild growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 69%. The export price peaked at $1,160 per ton in 2021, and then reduced dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,286 per ton), while the average price for exports to Luxembourg ($599 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of soya beans; seed, whether or not brokens increased by 255% to 11K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of soya beans; seed, whether or not brokens surged to $6.9M in 2022. Over the period under review, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Soya Beans; Seed, Whether or Not Broken in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada7118361,1016,325107.2%
Germany4.217.449.4275303.1%
Czech Republic27211931.81.4-82.7%
Slovakia2,693572596N/A-53.0%
Romania381220N/AN/A-42.3%
Others2163053402748.3%
Total4,2772,0682,1186,87517.1%

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

  1. Canada (10.0K tons)
  2. Germany (0.3K tons)

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

In 2022, exports of soya beans; seed, whether or not brokens from Poland soared to 7.5K tons, jumping by 478% against the year before. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of soya beans; seed, whether or not brokens soared to $5.5M in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 327% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Soya Beans; Seed, Whether or Not Broken in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5461561511,22831.0%
LuxembourgN/AN/AN/A1,1600%
ItalyN/AN/AN/A8030%
Lithuania43.636.939.4674149.1%
LatviaN/AN/AN/A6300%
Austria95.816.187139860.8%
SlovakiaN/A12.4264369445.5%
Hungary29214.369.6136-22.5%
NetherlandsN/AN/AN/A1310%
Others19111911911.8-60.5%
Total1,1693541,5145,53968.0%

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

  1. Luxembourg (1935.5 tons)
  2. Germany (1482.5 tons)
  3. Lithuania (1065.1 tons)
  4. Latvia (1037.9 tons)
  5. Italy (623.8 tons)
  6. Slovakia (593.4 tons)
  7. Austria (372.7 tons)
  8. Hungary (223.2 tons)
  9. Netherlands (204.7 tons)

Source: IndexBox Market Intelligence Platform

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