Price for Soya Beans; Other than Seed, Whether or Not Broken in Egypt - 2023
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Egypt (CIF) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Egypt (FOB) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Egypt
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Egypt
Price for Soya Beans; Other than Seed, Whether or Not Broken in Egypt (CIF) - 2022
In 2022, the average import price for soya beans; other than seed, whether or not brokens amounted to $798 per ton, therefore, remained relatively stable against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 a decrease of -6.3% against the previous year. The import price peaked at $804 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Argentina ($798 per ton) and Ukraine ($798 per ton), while the price for Uruguay ($798 per ton) and Brazil ($798 per ton) were amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+2.9%), 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 Egypt (FOB) - 2022
The average export price for soya beans; other than seed, whether or not brokens stood at $636 per ton in 2022, rising by 9.5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 45% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($636 per ton), while the average price for exports to Libya totaled $636 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+19.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Egypt
Imports of soya beans; other than seed, whether or not brokens into Egypt stood at 1.8M tons in 2022, flattening at the year before. Overall, imports enjoyed a significant increase. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of soya beans; other than seed, whether or not brokens stood at $1.4B in 2022. Over the period under review, imports saw a significant expansion. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Soya Beans; Other than Seed, Whether or Not Broken in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 93.1 | N/A | 1,171 | 254.7% | |
| Uruguay | 3.5 | N/A | 156 | 567.6% | |
| Brazil | N/A | N/A | 78.8 | 0% | |
| Argentina | 11.9 | N/A | 10.4 | -6.5% | |
| Others | 2.9 | N/A | 20.5 | 165.9% | |
| Total | 111 | N/A | 1,437 | 259.8% | |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Egypt in 2022:
- United States (1467.3K tons)
- Uruguay (195.8K tons)
- Brazil (98.8K tons)
- Argentina (13.0K tons)
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Egypt
In 2022, shipments abroad of soya beans; other than seed, whether or not brokens decreased by -57.4% to 47 tons, falling for the second year in a row after two years of growth. Overall, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 166%. As a result, the exports reached the peak of 768 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of soya beans; other than seed, whether or not brokens declined notably to $30K in 2022. Over the period under review, exports recorded a significant decrease. The growth pace was the most rapid in 2020 with an increase of 215%. As a result, the exports attained the peak of $307K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Soya Beans; Other than Seed, Whether or Not Broken in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | N/A | 32.9 | N/A | 23.9 | -14.8% |
| Libya | N/A | N/A | N/A | 6.2 | 0% |
| Germany | 48.3 | 52.7 | 15.5 | N/A | -43.4% |
| Morocco | N/A | 18.8 | N/A | N/A | 0% |
| United Kingdom | N/A | 11.6 | N/A | N/A | 0% |
| Poland | N/A | 43.1 | N/A | N/A | 0% |
| United States | 38.3 | 148 | 13.6 | N/A | -40.4% |
| Canada | N/A | N/A | 22.5 | N/A | 0% |
| Others | 11.0 | N/A | 12.9 | N/A | 8.3% |
| Total | 97.6 | 307 | 64.5 | 30.1 | -32.4% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Egypt in 2022:
- Algeria (37.6 tons)
- Libya (9.7 tons)
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