Price for Flours and Meals; of Soya Beans in Argentina - 2023
Contents:
- Price for Flours and Meals; of Soya Beans in Argentina (FOB) - 2023
- Price for Flours and Meals; of Soya Beans in Argentina (CIF) - 2022
- Exports of Flours and Meals; of Soya Beans in Argentina
- Imports of Flours and Meals; of Soya Beans in Argentina
Price for Flours and Meals; of Soya Beans in Argentina (FOB) - 2023
In April 2023, the average export price for flours and meals; of soya beanses amounted to $530 per ton, remaining constant against the previous month. Over the period under review, the export price enjoyed prominent growth. The export price peaked in April 2023.
As there is only one major export destination, the average price level is determined by prices for Chile.
From August 2022 to April 2023, the rate of growth in terms of prices for Chile amounted to +5.4% per month.
Price for Flours and Meals; of Soya Beans in Argentina (CIF) - 2022
In 2022, the average import price for flours and meals; of soya beanses amounted to $25,500 per ton, rising by 1,317% against the previous year. Over the period under review, the import price enjoyed significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +35.1% per year.
Exports of Flours and Meals; of Soya Beans in Argentina
Exports of flours and meals; of soya beanses from Argentina reduced markedly to 985 tons in 2022, shrinking by -95.6% compared with the year before. Over the period under review, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 277% against the previous year.
In value terms, exports of flours and meals; of soya beanses contracted remarkably to $433K in 2022. Overall, exports faced a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 310%.
| Export of Flours and Meals; of Soya Beans in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 247 | 216 | 468 | 433 | 20.6% |
| Czech Republic | 345 | 97.5 | 312 | N/A | -4.9% |
| Senegal | 2,598 | 184 | 1,003 | N/A | -37.9% |
| Malaysia | 866 | 43.1 | 824 | N/A | -2.5% |
| United States | 2,129 | 561 | 1,641 | N/A | -12.2% |
| Taiwan (Chinese) | 3,434 | 1,106 | 4,026 | N/A | 8.3% |
| Ireland | 1,020 | 41.9 | 405 | N/A | -37.0% |
| Others | 627 | 335 | 1,907 | N/A | 74.4% |
| Total | 11,264 | 2,585 | 10,585 | 433 | -66.3% |
Top Export Markets for Flours and Meals; of Soya Beans from Argentina in 2022:
- Chile (985.2 tons)
Imports of Flours and Meals; of Soya Beans in Argentina
In 2022, the amount of flours and meals; of soya beanses imported into Argentina shrank significantly to 2 kg, with a decrease of 99.9% on 2021 figures. Over the period under review, imports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2021 when imports increased by 48% against the previous year.
In value terms, imports of flours and meals; of soya beanses shrank notably to $51 in 2022. Overall, imports showed a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 93%.
| Import of Flours and Meals; of Soya Beans in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.2 | 0.2 | 0.3 | 0.1 | -56.3% |
| Chile | 8.0 | 3.0 | 5.3 | N/A | -18.6% |
| Brazil | 0.9 | 0.5 | 1.7 | N/A | 37.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.1 | 3.7 | 7.2 | 0.1 | -78.5% |
Top Suppliers of Flours and Meals; of Soya Beans to Argentina in 2022:
- United States (2.0 kg)
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