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

Contents:

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

Price for Flours and Meals; of Soya Beans in the Netherlands (FOB) - 2023

In September 2023, the average export price for flours and meals; of soya beanses amounted to $1,336 per ton, falling by -27.5% against the previous month. Overall, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in March 2023 an increase of 136% month-to-month. The export price peaked at $1,842 per ton in August 2023, and then fell markedly in the following month.

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

From November 2022 to September 2023, the rate of growth in terms of prices for Austria amounted to +13.5% per month.

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

In September 2023, the average import price for flours and meals; of soya beanses amounted to $1,129 per ton, dropping by -31.6% against the previous month. Over the period under review, import price indicated measured growth from November 2022 to September 2023: its price increased at an average monthly rate of +3.4% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for flours and meals; of soya beanses decreased by -31.6% against August 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 58% month-to-month. The import price peaked at $1,753 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a 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 Germany amounted to +12.9% per month.

Exports of Flours and Meals; of Soya Beans in the Netherlands

In 2022, exports of flours and meals; of soya beanses from the Netherlands declined dramatically to 7.8K tons, waning by -48.7% compared with the year before. Overall, exports showed a sharp decline. The growth pace was the most rapid in 2021 when exports increased by 56% against the previous year.

In value terms, exports of flours and meals; of soya beanses reduced rapidly to $8.8M in 2022. Over the period under review, exports faced a sharp decline. The growth pace was the most rapid in 2021 with an increase of 71%.

Export of Flours and Meals; of Soya Beans in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium3.35.26.84.510.9%
United Kingdom1.31.41.02.626.0%
Germany7.50.23.10.7-54.6%
Poland4.60.10.10.2-64.8%
GreeceN/AN/AN/A0.20%
Others1.11.94.10.6-18.3%
Total17.98.815.08.8-21.1%

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

  1. Belgium (3.8K tons)
  2. United Kingdom (2.4K tons)
  3. Germany (0.8K tons)
  4. Greece (0.2K tons)
  5. Poland (0.1K tons)

Imports of Flours and Meals; of Soya Beans in the Netherlands

In 2022, overseas purchases of flours and meals; of soya beanses decreased by -12.2% to 8.7K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 44%.

In value terms, imports of flours and meals; of soya beanses contracted to $7.9M in 2022. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 64% against the previous year. As a result, imports attained the peak of $9.2M, and then contracted in the following year.

Import of Flours and Meals; of Soya Beans in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia1.42.83.83.738.3%
Belgium0.20.61.91.491.3%
Germany0.20.21.31.176.5%
Austria1.10.90.80.9-6.5%
United Kingdom1.00.50.20.1-53.6%
Others0.30.61.30.518.6%
Total4.25.69.27.923.4%

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

  1. Serbia (3.4K tons)
  2. Belgium (2.5K tons)
  3. Germany (1.6K tons)
  4. Austria (0.8K tons)
  5. United Kingdom (0.1K tons)

Source: IndexBox Market Intelligence Platform

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