Brazil - Soya Beans - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSoya Bean Price in Brazil - 2023
Contents:
- Soya Bean Price in Brazil (FOB) - 2022
- Soya Bean Price in Brazil (CIF) - 2022
- Soya Bean Exports in Brazil
- Soya Bean Imports in Brazil
Soya Bean Price in Brazil (FOB) - 2022
The average soya bean export price stood at $591 per ton in 2022, with an increase of 32% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, soya bean export price increased by +71.7% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Iran ($598 per ton) and Thailand ($594 per ton), while the average price for exports to Russia ($563 per ton) and the Netherlands ($575 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Soya Bean Price in Brazil (CIF) - 2022
In 2022, the average soya bean import price amounted to $483 per ton, rising by 2.3% against the previous year. In general, the import price, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 38%. Over the period under review, average import prices attained the maximum at $573 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uruguay ($616 per ton), while the price for Paraguay ($472 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+1.3%), while the prices for the other major suppliers experienced a decline.
Soya Bean Exports in Brazil
In 2022, shipments abroad of soya beans decreased by -8.8% to 79M tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12%.
In value terms, soya bean exports soared to $46.7B in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Soya Bean in Brazil (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.4 | 20.9 | 27.2 | 31.8 | 15.9% |
| Spain | 0.8 | 1.0 | 1.7 | 1.9 | 33.4% |
| Thailand | 0.6 | 0.9 | 1.3 | 1.7 | 41.5% |
| Iran | 0.5 | 0.2 | 0.6 | 1.4 | 40.9% |
| Turkey | 0.4 | 0.7 | 1.0 | 1.1 | 40.1% |
| Netherlands | 0.6 | 1.1 | 1.2 | 1.1 | 22.4% |
| Russia | 0.4 | 0.4 | 0.3 | 0.9 | 31.0% |
| Pakistan | 0.3 | 0.4 | 0.7 | 0.7 | 32.6% |
| Others | 2.2 | 3.0 | 4.8 | 6.0 | 39.7% |
| Total | 26.2 | 28.7 | 38.8 | 46.7 | 21.2% |
Top Export Markets for Soya Bean from Brazil in 2022:
- China (53.7M tons)
- Spain (3.3M tons)
- Thailand (2.8M tons)
- Iran (2.3M tons)
- Netherlands (2.0M tons)
- Turkey (1.9M tons)
- Russia (1.6M tons)
- Pakistan (1.2M tons)
Soya Bean Imports in Brazil
After three years of growth, supplies from abroad of soya beans decreased by -51.5% to 419K tons in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 470% against the previous year.
In value terms, soya bean imports fell rapidly to $203M in 2022. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 506%.
| Import of Soya Bean in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 34.5 | 241 | 375 | 182 | 74.1% |
| Uruguay | 12.0 | 40.0 | 16.7 | 20.3 | 19.2% |
| Others | N/A | 1.0 | 16.9 | 0.4 | -36.8% |
| Total | 46.5 | 282 | 408 | 203 | 63.4% |
Top Suppliers of Soya Bean to Brazil in 2022:
- Paraguay (385.3K tons)
- Uruguay (33.0K tons)
This report provides an in-depth analysis of the soya bean market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 236 - Soybeans
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the soya bean market in Brazil.
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This report provides an in-depth analysis of the global soya bean market.
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This report provides an in-depth analysis of the soya bean market in Brazil.
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This report provides an in-depth analysis of the global soya bean market.
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The Soya Bean exports reached their peak in 2023 and are projected to continue growing in the near future. The value of Soya Bean exports significantly increased to $53.2B in 2023.
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This article provides an analysis and forecast of Brazil's soya bean export price, volume, and destination countries. In January 2023, the average export price was $596 per ton, down by 3.4% from the previous month. Russia and Thailand had the highest prices for imports, while Iran and Vietnam had the lowest. Overseas shipments of soya beans decreased by 58.4% to 840K tons, with China as the main destination, comprising 61% of total exports in terms of volume and value. The article also presents a chart of the export price data from January 2022 to January 2023.
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In August 2022, the soya bean price amounted to $623 per ton (FOB, Brazil), remaining relatively unchanged against the previous month.
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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.
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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.
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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.
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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.
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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
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Global soya bean consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
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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
