Price for Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan - 2022
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan (FOB) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan (CIF) - 2022
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Kazakhstan
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uzbekistan | 1.6 | 3.4 | 2.1 | 16.7 | 118.5% |
Sweden | 2.0 | 5.4 | 6.1 | 6.7 | 49.6% |
Latvia | N/A | N/A | N/A | 5.1 | 0% |
China | 4.1 | 2.1 | 1.1 | 0.9 | -39.7% |
Afghanistan | 0.6 | 1.6 | 0.1 | 0.2 | -30.7% |
United States | 4.5 | 6.3 | 5.7 | N/A | 12.5% |
Others | 2.3 | 2.7 | 0.7 | 0.2 | -55.7% |
Total | 15.0 | 21.5 | 15.8 | 29.8 | 25.7% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Kazakhstan in 2022:
- Uzbekistan (29.9K tons)
- Sweden (5.2K tons)
- Latvia (4.0K tons)
- China (1.8K tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 13.2 | 9.3 | 20.4 | 22.9 | 20.2% |
Belarus | 1.5 | N/A | N/A | N/A | 0% |
Others | N/A | 0.1 | N/A | 0.3 | 73.2% |
Total | 14.8 | 9.4 | 20.5 | 23.2 | 16.2% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Kazakhstan in 2022:
- Russia (34.3K tons)
This report provides an in-depth analysis of the soya bean market in Kazakhstan.
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This report provides an in-depth analysis of the soya bean market in Kazakhstan.
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