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)
856
This report provides an in-depth analysis of the soya bean market in Slovakia.
6419
This report provides an in-depth analysis of the global soya bean market.
856
This report provides an in-depth analysis of the soya bean market in Slovakia.
6419
This report provides an in-depth analysis of the global soya bean market.
191
Global demand for soya beans is expected to continue increasing over the next seven years, with market performance forecasted to accelerate and reach 451M tons by 2030. The market value is projected to grow to $278.3B by 2030.
418
Explore the top import markets for Soya Bean, including China, Mexico, Japan, and more. Learn about their import values and key statistics in the global Soya Bean market.
806
In 2021, the average annual soybean price soared by 43% y/y to $583 per ton. This year, soybean prices were expected to remain relatively stable, but shortages in supply are likely to spur their growth.
821
The currently increasing demand for soybeans in biofuel production, animal feed and food products outpaced production growth, resulting in a significant hike in soya prices. Together with expectations of further price growth, it contributes to rising costs of many downstream products and accelerates food inflation. In China, rebuilding pig herds after swine fever outbreaks emerges as a new driver for the global market. Those factors highlight soybeans as an attractive commodity to invest in, leading to robust expansion of crop acreage in the U.S. and Brazil.
4160
Global Soybean Market: Soybean is widely used both in animal feeding and human consumption, with soyfeed taking the larger part of consumption. For human consumption such products as soy oil, soy milk, soy flour, soy protein, tofu and many retail food
3992
Global soya bean consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
13327
From 2008 to 2015, the global soya bean market was roller-coast in physical terms, showing an upward trend, overall. The last wave started from a local low point in 2012 at X million tons. Over the next two years, the market posted solid gains. How
1605
Global production on the soya bean market was roller-coast over the period under review, rising with an annual growth rates at +X%. The most significant setback occurred in 2012 by X% Y-o-Y, and in the next two years production volume surged and reac
1553
The volume of total imports on the global soya bean market in 2015 stood at X million tons. There was an annual increase of +X% for the period from 2008 to 2015. In value terms, imports of soya beans dropped to X billion USD in 2015, which was X
2462
According to a recently published report by IndexBox Marketing, China is the largest consumer on the soy beanmarket in the world. At the same time, X% of China's total consumption in 2015 accounted for imports. In 2016, according to Oil World data, th
