Price for Soya Beans; Other than Seed, Whether or Not Broken in Guatemala - 2023
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Guatemala (FOB) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Guatemala (CIF) - 2022
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Guatemala
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Guatemala
Price for Soya Beans; Other than Seed, Whether or Not Broken in Guatemala (FOB) - 2022
The average export price for soya beans; other than seed, whether or not brokens stood at $4,766 per ton in 2022, picking up by 22% against the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of 86% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($7,280 per ton), while the average price for exports to El Salvador ($1,046 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 the United States (+21.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Soya Beans; Other than Seed, Whether or Not Broken in Guatemala (CIF) - 2022
In 2022, the average import price for soya beans; other than seed, whether or not brokens amounted to $271 per ton, surging by 251% against the previous year. In general, the import price, however, showed a abrupt curtailment. The import price peaked at $597 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($593 per ton), while the price for Nicaragua ($162 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Guatemala
In 2022, overseas shipments of soya beans; other than seed, whether or not brokens decreased by -2.5% to 30 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 72%.
In value terms, exports of soya beans; other than seed, whether or not brokens skyrocketed to $142K in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 107% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Soya Beans; Other than Seed, Whether or Not Broken in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 36.7 | 55.1 | 113 | 113 | 45.5% |
| Netherlands | N/A | N/A | N/A | 16.8 | 0% |
| El Salvador | 3.7 | 1.7 | 6.1 | 12.0 | 48.0% |
| Others | N/A | 0.5 | N/A | 0.4 | -10.6% |
| Total | 40.4 | 57.3 | 119 | 142 | 52.0% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Guatemala in 2022:
- United States (15.5 tons)
- El Salvador (11.4 tons)
- Netherlands (2.5 tons)
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Guatemala
In 2022, overseas purchases of soya beans; other than seed, whether or not brokens decreased by -96.9% to 86 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 6,831% against the previous year.
In value terms, imports of soya beans; other than seed, whether or not brokens contracted rapidly to $23K in 2022. In general, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 5,360% against the previous year. As a result, imports reached the peak of $846K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Soya Beans; Other than Seed, Whether or Not Broken in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | N/A | N/A | 9.2 | 11.1 | 20.7% |
| United States | 15.3 | 776 | 8.8 | 5.4 | -29.3% |
| Honduras | N/A | 69.3 | 119 | 5.2 | -72.6% |
| Others | 0.2 | N/A | 75.0 | 1.9 | 111.8% |
| Total | 15.5 | 846 | 212 | 23.4 | 14.7% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Guatemala in 2022:
- Nicaragua (68.0 tons)
- United States (9.1 tons)
- Honduras (8.7 tons)
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