Price for Flours and Meals; of Soya Beans in Greece - 2023

Price for Flours and Meals; of Soya Beans in Greece (CIF) - 2022

The average import price for flours and meals; of soya beanses stood at $1,781 per ton in 2022, rising by 51% against the previous year. In general, the import price saw a prominent increase. The pace of growth appeared the most rapid in 2014 an increase of 77% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($4,148 per ton), while the price for the Netherlands ($764 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flours and Meals; of Soya Beans in Greece (FOB) - 2022

The average export price for flours and meals; of soya beanses stood at $1,899 per ton in 2022, picking up by 61% against the previous year. In general, the export price saw a measured increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 154% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Cyprus.

From 2012 to 2022, the rate of growth in terms of prices for Albania amounted to +25.4% per year.

Imports of Flours and Meals; of Soya Beans in Greece

In 2022, imports of flours and meals; of soya beanses into Greece declined markedly to 1K tons, falling by -46.8% compared with 2021 figures. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 129%. As a result, imports reached the peak of 2K tons, and then contracted rapidly in the following year.

In value terms, imports of flours and meals; of soya beanses declined dramatically to $1.9M in 2022. In general, imports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 167%. As a result, imports attained the peak of $2.3M, and then contracted sharply in the following year.

Import of Flours and Meals; of Soya Beans in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	96.1	0.1	219	1,058	122.5%
Serbia	1,048	466	1,095	390	-28.1%
Italy	49.9	60.3	218	245	70.0%
Netherlands	1.9	2.0	84.0	95.9	269.6%
Bulgaria	331	317	688	48.8	-47.2%
Others	23.9	26.4	24.4	31.0	9.1%
Total	1,551	871	2,328	1,868	6.4%

Top Suppliers of Flours and Meals; of Soya Beans to Greece in 2022:

Serbia (341.9 tons)
Italy (295.8 tons)
Romania (255.0 tons)
Netherlands (125.5 tons)
Bulgaria (12.4 tons)

Exports of Flours and Meals; of Soya Beans in Greece

In 2022, shipments abroad of flours and meals; of soya beanses decreased by -10.2% to 696 kg, falling for the second consecutive year after two years of growth. Overall, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, the exports attained the peak of 226 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of flours and meals; of soya beanses skyrocketed to $1.3K in 2022. In general, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year. As a result, the exports attained the peak of $105K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.