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

Contents:

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

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

In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $3,144 per ton, growing by 42% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +8.7% 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 +51.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($24,026 per ton), while the price for Poland ($1,926 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for soya beans; seed, whether or not brokens stood at $4,047 per ton in 2022, surging by 2.3% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for soya beans; seed, whether or not brokens increased by +70.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 61%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($5,980 per ton), while the average price for exports to France ($2,573 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 Ukraine (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of soya beans; seed, whether or not brokens, when their volume decreased by -34.7% to 130 tons. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 101% against the previous year. As a result, imports attained the peak of 199 tons, and then fell sharply in the following year.

In value terms, imports of soya beans; seed, whether or not brokens shrank to $409K in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 115%. As a result, imports attained the peak of $441K, and then shrank in the following year.

Import of Soya Beans; Seed, Whether or Not Broken in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria22.0140249186103.7%
France49.232.984.187.221.0%
United States7.06.639.667.3112.6%
Germany15.717.256.439.636.1%
PolandN/AN/AN/A15.90%
Czech Republic34.7N/AN/AN/A0%
Others11.78.611.913.44.6%
Total14020544140943.0%

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

  1. Austria (73.3 tons)
  2. France (34.0 tons)
  3. Germany (11.2 tons)
  4. Poland (8.2 tons)
  5. United States (2.8 tons)

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

In 2022, overseas shipments of soya beans; seed, whether or not brokens decreased by -12.1% to 6 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 119%. As a result, the exports attained the peak of 6.9 tons, and then declined in the following year.

In value terms, exports of soya beans; seed, whether or not brokens shrank to $24K in 2022. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 253%. As a result, the exports attained the peak of $27K, and then shrank in the following year.

Export of Soya Beans; Seed, Whether or Not Broken in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.81.019.113.4155.9%
Austria5.53.44.18.013.3%
FranceN/A1.21.52.338.4%
UkraineN/A1.3N/A0.5-38.0%
FinlandN/AN/A1.1N/A0%
OthersN/A0.81.30.1-64.6%
Total6.37.727.224.457.0%

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

  1. Austria (2.7 tons)
  2. Germany (2.2 tons)
  3. France (0.9 tons)
  4. Ukraine (0.1 tons)

Source: IndexBox Market Intelligence Platform

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