Price for Soya Beans; Other than Seed, Whether or Not Broken in Nepal - 2022
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Nepal (CIF) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Nepal (FOB) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Nepal
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Nepal
Price for Soya Beans; Other than Seed, Whether or Not Broken in Nepal (CIF) - 2022
In 2022, the average import price for soya beans; other than seed, whether or not brokens amounted to $710 per ton, growing by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a slight descent. The pace of growth appeared the most rapid in 2021 an increase of 32%. The import price peaked at $781 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($726 per ton), while the price for the United States ($705 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soya Beans; Other than Seed, Whether or Not Broken in Nepal (FOB) - 2022
The average export price for soya beans; other than seed, whether or not brokens stood at $1,705 per ton in 2022, surging by 215% against the previous year. Over the period under review, the export price recorded strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($2,553 per ton), while the average price for exports to the United States ($1,419 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 Canada (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Nepal
After two years of decline, overseas purchases of soya beans; other than seed, whether or not brokens increased by 70% to 136K tons in 2022. Over the period under review, imports, however, recorded a pronounced curtailment.
In value terms, imports of soya beans; other than seed, whether or not brokens skyrocketed to $96M in 2022. In general, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Soya Beans; Other than Seed, Whether or Not Broken in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 65.5 | 43.1 | 27.2 | 78.8 | 6.4% |
| Canada | N/A | N/A | N/A | 14.6 | 0% |
| India | 0.7 | 0.8 | 1.0 | 1.9 | 39.5% |
| Bangladesh | N/A | N/A | 15.6 | N/A | 0% |
| Brazil | 2.8 | 3.1 | 4.8 | N/A | 30.9% |
| Others | 2.5 | 1.0 | 1.2 | 1.1 | -23.9% |
| Total | 71.4 | 48.0 | 49.8 | 96.5 | 10.6% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Nepal in 2022:
- United States (111.8K tons)
- Canada (20.1K tons)
- India (2.7K tons)
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Nepal
In 2022, exports of soya beans; other than seed, whether or not brokens from Nepal reduced sharply to 3.1 tons, declining by -43% compared with the previous year. Over the period under review, exports faced a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 307%. As a result, the exports reached the peak of 5.4 tons, and then shrank markedly in the following year.
In value terms, exports of soya beans; other than seed, whether or not brokens soared to $5.3K in 2022. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 391% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Soya Beans; Other than Seed, Whether or Not Broken in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 311 | 108 | 780 | 2,185 | 91.5% |
| Canada | 25.0 | 4.0 | 6.0 | 1,718 | 309.6% |
| Australia | 102 | 32.0 | 195 | 1,358 | 137.0% |
| United Kingdom | 897 | 397 | 1,324 | N/A | 21.5% |
| India | 69.0 | 3.0 | 46.0 | N/A | -18.4% |
| Others | 134 | 53.0 | 578 | N/A | 107.7% |
| Total | 1,538 | 597 | 2,929 | 5,261 | 50.7% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Nepal in 2022:
- United States (1.5 tons)
- Australia (0.9 tons)
- Canada (0.7 tons)
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