Price for Soya Beans; Seed, Whether or Not Broken in Slovakia - 2023
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Slovakia (CIF) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Slovakia (FOB) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Slovakia
- Exports of Soya Beans; Seed, Whether or Not Broken in Slovakia
Price for Soya Beans; Seed, Whether or Not Broken in Slovakia (CIF) - 2022
In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $1,743 per ton, picking up by 10% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for soya beans; seed, whether or not brokens increased by +24.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 49% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Austria ($2,158 per ton), while the price for Poland ($578 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soya Beans; Seed, Whether or Not Broken in Slovakia (FOB) - 2022
In 2022, the average export price for soya beans; seed, whether or not brokens amounted to $780 per ton, shrinking by -12.1% against the previous year. In general, the export price, however, recorded a measured increase. The most prominent rate of growth was recorded in 2021 an increase of 70% against the previous year. As a result, the export price attained the peak level of $888 per ton, and then shrank in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($895 per ton), while the average price for exports to Hungary ($725 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 Austria (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soya Beans; Seed, Whether or Not Broken in Slovakia
For the fourth consecutive year, Slovakia recorded growth in supplies from abroad of soya beans; seed, whether or not brokens, which increased by 3.1% to 1.4K tons in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 154%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of soya beans; seed, whether or not brokens expanded markedly to $2.5M in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 186% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
Import of Soya Beans; Seed, Whether or Not Broken in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 246 | 370 | 488 | 810 | 48.8% |
Austria | 429 | 299 | 1,237 | 739 | 19.9% |
Germany | 24.3 | 14.1 | 314 | 487 | 171.6% |
France | N/A | 48.2 | 117 | 197 | 102.2% |
Croatia | 27.0 | 9.7 | N/A | 111 | 60.2% |
Poland | N/A | N/A | N/A | 89.8 | 0% |
Serbia | 6.4 | 7.5 | 0.2 | 61.7 | 112.8% |
Czech Republic | 35.4 | 13.1 | 30.4 | 0.1 | -85.9% |
Others | 22.1 | 6.4 | 6.8 | 0.5 | -71.7% |
Total | 790 | 768 | 2,193 | 2,496 | 46.7% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Slovakia in 2022:
- Hungary (395.1 tons)
- Austria (342.6 tons)
- Germany (272.2 tons)
- Poland (155.4 tons)
- France (133.1 tons)
- Croatia (88.8 tons)
- Serbia (44.0 tons)
Exports of Soya Beans; Seed, Whether or Not Broken in Slovakia
In 2022, overseas shipments of soya beans; seed, whether or not brokens decreased by -16.4% to 1.3K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 193%. As a result, the exports reached the peak of 6.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of soya beans; seed, whether or not brokens shrank significantly to $982K in 2022. Overall, exports, however, continue to indicate a tangible increase. The pace of growth appeared the most rapid in 2020 with an increase of 272%. As a result, the exports reached the peak of $3.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Soya Beans; Seed, Whether or Not Broken in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 204 | 854 | 788 | 652 | 47.3% |
Hungary | 329 | 137 | 205 | 284 | -4.8% |
Czech Republic | 105 | N/A | 38.5 | 45.7 | -24.2% |
Germany | 27.0 | 1,972 | 161 | N/A | 144.2% |
Poland | 171 | 353 | 146 | N/A | -7.6% |
Others | 56.3 | 3.8 | N/A | N/A | -93.3% |
Total | 892 | 3,321 | 1,337 | 982 | 3.3% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Slovakia in 2022:
- Austria (815.2 tons)
- Hungary (392.0 tons)
- Czech Republic (51.0 tons)
This report provides an in-depth analysis of the soya bean market in Slovakia.
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 Slovakia.
This report provides an in-depth analysis of the global soya bean market.
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