Price for Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan - 2022

Contents:

  1. Price for Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan (FOB) - 2022
  2. Price for Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan (CIF) - 2022
  3. Exports of Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan
  4. Imports of Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan

Price for Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan (FOB) - 2022

In 2022, the average export price for soya beans; other than seed, whether or not brokens amounted to $712 per ton, which is down by -2% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for soya beans; other than seed, whether or not brokens increased by +54.1% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 46%. As a result, the export price reached the peak level of $727 per ton, and then fell modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($1,288 per ton), while the average price for exports to China ($492 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 Slovenia (+40.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan (CIF) - 2022

In 2022, the average import price for soya beans; other than seed, whether or not brokens amounted to $665 per ton, surging by 9.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 43%. The import price peaked at $690 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($719 per ton), while the price for Russia stood at $666 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.8%).

Exports of Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan

Exports of soya beans; other than seed, whether or not brokens from Kazakhstan surged to 42K tons in 2022, increasing by 92% against the previous year. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.5% against 2020 indices.

In value terms, exports of soya beans; other than seed, whether or not brokens surged to $30M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan1.63.42.116.7118.5%
Sweden2.05.46.16.749.6%
LatviaN/AN/AN/A5.10%
China4.12.11.10.9-39.7%
Afghanistan0.61.60.10.2-30.7%
United States4.56.35.7N/A12.5%
Others2.32.70.70.2-55.7%
Total15.021.515.829.825.7%

Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Kazakhstan in 2022:

  1. Uzbekistan (29.9K tons)
  2. Sweden (5.2K tons)
  3. Latvia (4.0K tons)
  4. China (1.8K tons)
  5. Afghanistan (0.3K tons)

Imports of Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan

In 2022, the amount of soya beans; other than seed, whether or not brokens imported into Kazakhstan reached 35K tons, surging by 3.3% compared with the previous year. Overall, imports, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of 52%.

In value terms, imports of soya beans; other than seed, whether or not brokens rose rapidly to $23M in 2022. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 118%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia13.29.320.422.920.2%
Belarus1.5N/AN/AN/A0%
OthersN/A0.1N/A0.373.2%
Total14.89.420.523.216.2%

Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Kazakhstan in 2022:

  1. Russia (34.3K tons)

Source: IndexBox Market Intelligence Platform

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