Price for Soya Beans; Other than Seed, Whether or Not Broken in Estonia - 2023
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Estonia (CIF) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Estonia (FOB) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Estonia
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Estonia
Price for Soya Beans; Other than Seed, Whether or Not Broken in Estonia (CIF) - 2022
The average import price for soya beans; other than seed, whether or not brokens stood at $2,149 per ton in 2022, waning by -24.3% against the previous year. In general, the import price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 289%. Over the period under review, average import prices attained the peak figure at $2,839 per ton in 2021, and then reduced sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($3,963 per ton), while the price for Germany ($1,113 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+14.5%), 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 Estonia (FOB) - 2022
In 2022, the average export price for soya beans; other than seed, whether or not brokens amounted to $4,717 per ton, declining by -27.2% against the previous year. Over the period under review, the export price, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 an increase of 324% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,476 per ton in 2021, and then reduced notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($5,982 per ton), while the average price for exports to Latvia ($2,758 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+20.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Estonia
Imports of soya beans; other than seed, whether or not brokens into Estonia soared to 79 tons in 2022, jumping by 225% compared with the year before. In general, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 314% against the previous year. Over the period under review, imports of hit record highs 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 surged to $170K in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Soya Beans; Other than Seed, Whether or Not Broken in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 7.8 | N/A | 2.5 | 63.9 | 101.6% |
| Latvia | N/A | 11.2 | 24.4 | 47.9 | 106.8% |
| Netherlands | N/A | 12.2 | 23.6 | 25.6 | 44.9% |
| Belgium | N/A | 3.6 | 3.1 | 12.4 | 85.6% |
| Denmark | N/A | N/A | 14.8 | 9.5 | -35.8% |
| Germany | N/A | 0.4 | 0.1 | 4.2 | 224.0% |
| Finland | 3.9 | 2.1 | 0.3 | 4.1 | 1.7% |
| Sweden | 6.7 | N/A | N/A | N/A | 0% |
| Canada | 1.8 | 19.0 | N/A | N/A | 955.6% |
| Others | 1.1 | 2.5 | 0.1 | 2.6 | 33.2% |
| Total | 21.2 | 51.1 | 69.0 | 170 | 100.2% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Estonia in 2022:
- Lithuania (33.2 tons)
- Latvia (12.1 tons)
- Belgium (10.2 tons)
- Netherlands (7.8 tons)
- Denmark (6.6 tons)
- Germany (3.7 tons)
- Finland (3.4 tons)
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Estonia
In 2022, the amount of soya beans; other than seed, whether or not brokens exported from Estonia rose modestly to 5 tons, picking up by 2.7% on the previous year. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 500% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, exports of soya beans; other than seed, whether or not brokens dropped remarkably to $24K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 445% against the previous year.
| Export of Soya Beans; Other than Seed, Whether or Not Broken in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 5.3 | 28.8 | 31.4 | 21.7 | 60.0% |
| Sweden | N/A | N/A | N/A | 1.3 | 0% |
| Latvia | N/A | N/A | 0.3 | 0.7 | 133.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.3 | 28.8 | 31.6 | 23.7 | 64.7% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Estonia in 2022:
- Finland (4.6 tons)
- Sweden (0.2 tons)
- Latvia (0.2 tons)
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This report provides an in-depth analysis of the soya bean market in Estonia.
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This report provides an in-depth analysis of the global soya bean market.
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