Price for Soya Beans; Seed, Whether or Not Broken in Portugal - 2023
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Portugal (CIF) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Portugal (FOB) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Portugal
- Exports of Soya Beans; Seed, Whether or Not Broken in Portugal
Price for Soya Beans; Seed, Whether or Not Broken in Portugal (CIF) - 2022
The average import price for soya beans; seed, whether or not brokens stood at $1,946 per ton in 2022, shrinking by -25.8% against the previous year. Over the period under review, the import price, however, showed a pronounced increase. The growth pace was the most rapid in 2017 an increase of 56% against the previous year. The import price peaked at $2,621 per ton in 2021, and then declined sharply in the following year.
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 ($4,762 per ton), while the price for Italy ($1,301 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Soya Beans; Seed, Whether or Not Broken in Portugal (FOB) - 2022
The average export price for soya beans; seed, whether or not brokens stood at $465 per ton in 2022, declining by -75.1% against the previous year. Over the period under review, the export price showed a significant curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 15% against the previous year. The export price peaked at $10,839 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,792 per ton), while the average price for exports to Congo ($302 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.2%), while the prices for the other major destinations experienced a decline.
Imports of Soya Beans; Seed, Whether or Not Broken in Portugal
In 2022, purchases abroad of soya beans; seed, whether or not brokens was finally on the rise to reach 14 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt contraction.
In value terms, imports of soya beans; seed, whether or not brokens soared to $28K in 2022. In general, imports, however, recorded a mild curtailment.
| Import of Soya Beans; Seed, Whether or Not Broken in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 18.0 | 7.8 | 4.5 | 12.2 | -12.2% |
| Spain | 11.0 | 11.3 | 1.9 | 7.2 | -13.2% |
| Netherlands | N/A | N/A | N/A | 4.0 | 0% |
| Germany | 0.1 | N/A | 2.6 | 3.9 | 239.1% |
| Others | 0.1 | 1.4 | 0.5 | 0.9 | 108.0% |
| Total | 29.2 | 20.5 | 9.5 | 28.1 | -1.3% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Portugal in 2022:
- Italy (9.4 tons)
- Spain (3.1 tons)
- Netherlands (1.0 tons)
- Germany (0.8 tons)
Exports of Soya Beans; Seed, Whether or Not Broken in Portugal
Exports of soya beans; seed, whether or not brokens from Portugal surged to 44 tons in 2022, with an increase of 485% against the previous year. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of soya beans; seed, whether or not brokens skyrocketed to $20K in 2022. Over the period under review, exports, however, faced a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 495%.
| Export of Soya Beans; Seed, Whether or Not Broken in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | N/A | N/A | N/A | 12.0 | 0% |
| Germany | N/A | N/A | 1.7 | 6.2 | 264.7% |
| Spain | 10.8 | 0.7 | N/A | 0.8 | -58.0% |
| France | 25.4 | 1.7 | 9.8 | N/A | -37.9% |
| Others | N/A | N/A | 2.5 | 1.4 | -44.0% |
| Total | 36.2 | 2.3 | 13.9 | 20.3 | -17.5% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Portugal in 2022:
- Congo (39.6 tons)
- Germany (3.5 tons)
- Spain (0.6 tons)
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