Price for Soya Beans; Seed, Whether or Not Broken in Russia - 2022
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Russia (CIF) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Russia (FOB) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Russia
- Exports of Soya Beans; Seed, Whether or Not Broken in Russia
Price for Soya Beans; Seed, Whether or Not Broken in Russia (CIF) - 2022
The average import price for soya beans; seed, whether or not brokens stood at $3,990 per ton in May 2021, rising by 53% against the previous month. In general, the import price saw a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In May 2021, the country with the highest price was France ($4,042 per ton), while the price for Serbia ($839 per ton) was amongst the lowest.
From March 2021 to May 2021, the most notable rate of growth in terms of prices was attained by Austria (+131.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soya Beans; Seed, Whether or Not Broken in Russia (FOB) - 2022
The average export price for soya beans; seed, whether or not brokens stood at $1,138 per ton in 2022, shrinking by -4% against the previous year. In general, the export price, however, continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices attained the maximum at $1,186 per ton in 2021, and then dropped slightly in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($1,174 per ton), while the average price for exports to Mongolia ($962 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 Azerbaijan (+29.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soya Beans; Seed, Whether or Not Broken in Russia
In 2022, the amount of soya beans; seed, whether or not brokens imported into Russia surged to 1.1K tons, increasing by 40% against the year before. Over the period under review, imports, however, recorded a abrupt decline.
In value terms, imports of soya beans; seed, whether or not brokens soared to $3.1M in 2022. Overall, imports, however, recorded a pronounced contraction.
| Import of Soya Beans; Seed, Whether or Not Broken in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | N/A | 1,166 | 0% |
| France | 2,141 | 2,644 | 1,581 | 1,083 | -20.3% |
| Canada | 577 | 657 | 265 | 237 | -25.7% |
| Austria | 275 | 618 | 140 | 194 | -11.0% |
| Lithuania | 8.0 | 0.2 | N/A | 174 | 179.1% |
| Serbia | 189 | 208 | 65.3 | 74.0 | -26.8% |
| Kazakhstan | N/A | N/A | N/A | 60.2 | 0% |
| Poland | 40.9 | 32.2 | 90.9 | N/A | 49.1% |
| Belarus | 66.2 | 79.4 | 119 | N/A | 34.1% |
| Others | 46.6 | 47.9 | 57.6 | 77.6 | 18.5% |
| Total | 3,344 | 4,286 | 2,319 | 3,066 | -2.9% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Russia in 2022:
- France (330.3 tons)
- Romania (317.5 tons)
- Canada (187.5 tons)
- Austria (96.8 tons)
- Kazakhstan (72.6 tons)
- Serbia (63.3 tons)
- Lithuania (39.4 tons)
Exports of Soya Beans; Seed, Whether or Not Broken in Russia
In 2022, approx. 231 tons of soya beans; seed, whether or not brokens were exported from Russia; which is down by -94.8% on 2021 figures. In general, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 451%. As a result, the exports reached the peak of 4.4K tons, and then contracted significantly in the following year.
In value terms, exports of soya beans; seed, whether or not brokens contracted markedly to $263K in 2022. Overall, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 622% against the previous year. As a result, the exports reached the peak of $5.2M, and then shrank dramatically in the following year.
| Export of Soya Beans; Seed, Whether or Not Broken in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 2,036 | 123 | 38.7 | 191 | -54.6% |
| Kyrgyzstan | N/A | N/A | N/A | 42.1 | 0% |
| Mongolia | N/A | N/A | N/A | 25.0 | 0% |
| Uzbekistan | 169 | 532 | 5,114 | N/A | 450.1% |
| Belarus | 14.8 | 42.7 | 91.5 | N/A | 148.6% |
| Others | 18.6 | 29.4 | 4.6 | 5.2 | -34.6% |
| Total | 2,238 | 727 | 5,248 | 263 | -51.0% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Russia in 2022:
- Kazakhstan (162.6 tons)
- Kyrgyzstan (40.6 tons)
- Mongolia (26.0 tons)
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