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

Contents:

1. Price for Flours and Meals; of Soya Beans in Poland (CIF) - 2023
2. Price for Flours and Meals; of Soya Beans in Poland (FOB) - 2022
3. Imports of Flours and Meals; of Soya Beans in Poland
4. Exports of Flours and Meals; of Soya Beans in Poland

Price for Flours and Meals; of Soya Beans in Poland (CIF) - 2023

The average import price for flours and meals; of soya beanses stood at $1,306 per ton in September 2023, which is down by -3% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in March 2023 an increase of 60% m-o-m. Over the period under review, average import prices hit record highs at $1,386 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Serbia.

From November 2022 to September 2023, the rate of growth in terms of prices for the Netherlands amounted to +3.5% per month.

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

In 2022, the average export price for flours and meals; of soya beanses amounted to $1,238 per ton, with an increase of 8.2% against the previous year. Overall, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 40%. The export price peaked at $2,339 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Slovakia ($1,432 per ton) and Germany ($1,220 per ton), while the average price for exports to Lithuania ($969 per ton) and France ($1,020 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 Russia (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flours and Meals; of Soya Beans in Poland

In 2022, imports of flours and meals; of soya beanses into Poland skyrocketed to 4.2K tons, with an increase of 79% on the year before. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of flours and meals; of soya beanses skyrocketed to $4.2M in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (2059.9 tons)
2. Serbia (1599.9 tons)
3. Austria (358.2 tons)
4. Netherlands (134.7 tons)

Exports of Flours and Meals; of Soya Beans in Poland

For the fourth consecutive year, Poland recorded growth in overseas shipments of flours and meals; of soya beanses, which increased by 548% to 959 tons in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 13,466%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of flours and meals; of soya beanses soared to $1.2M in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 18,893% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Flours and Meals; of Soya Beans from Poland in 2022:

1. Germany (866.0 tons)
2. Lithuania (25.4 tons)
3. France (23.1 tons)
4. Kenya (14.5 tons)

Source: IndexBox Market Intelligence Platform