Price for Soya Beans; Other than Seed, Whether or Not Broken in Luxembourg - 2023
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Luxembourg (CIF) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Luxembourg (FOB) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Luxembourg
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Luxembourg
Price for Soya Beans; Other than Seed, Whether or Not Broken in Luxembourg (CIF) - 2022
In 2022, the average import price for soya beans; other than seed, whether or not brokens amounted to $2,679 per ton, surging by 6.5% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2019 an increase of 982%. As a result, import price reached the peak level of $7,155 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($5,407 per ton), while the price for France ($1,446 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+24.2%), 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 Luxembourg (FOB) - 2022
In 2022, the average export price for soya beans; other than seed, whether or not brokens amounted to $4,369 per ton, shrinking by -6.5% against the previous year. In general, the export price, however, posted a significant expansion. The growth pace was the most rapid in 2015 when the average export price increased by 370%. The export price peaked at $4,672 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($5,412 per ton), while the average price for exports to Germany ($3,511 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 Belgium (+31.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Luxembourg
In 2022, approx. 37 tons of soya beans; other than seed, whether or not brokens were imported into Luxembourg; growing by 13% on 2021 figures. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. As a result, imports reached the peak of 42 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of soya beans; other than seed, whether or not brokens surged to $100K in 2022. Over the period under review, imports, however, showed a abrupt descent.
| Import of Soya Beans; Other than Seed, Whether or Not Broken in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.0 | 33.7 | 46.8 | 49.9 | 40.5% |
| France | 0.3 | 42.2 | 22.5 | 28.4 | 355.8% |
| Netherlands | 0.6 | 0.1 | 3.6 | 15.8 | 197.5% |
| Belgium | 14.6 | 18.6 | 8.8 | 3.6 | -37.3% |
| China | 21.9 | N/A | N/A | N/A | 0% |
| Others | 135 | 3.1 | 1.7 | 2.5 | -73.5% |
| Total | 190 | 97.5 | 83.3 | 100 | -19.3% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Luxembourg in 2022:
- France (19.7 tons)
- Germany (13.1 tons)
- Netherlands (2.9 tons)
- Belgium (1.1 tons)
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Luxembourg
In 2022, approx. 3.1 tons of soya beans; other than seed, whether or not brokens were exported from Luxembourg; declining by -22.9% against the year before. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, the exports attained the peak of 4 tons, and then fell sharply in the following year.
In value terms, exports of soya beans; other than seed, whether or not brokens contracted remarkably to $13K in 2022. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 62%. As a result, the exports attained the peak of $19K, and then shrank notably in the following year.
| Export of Soya Beans; Other than Seed, Whether or Not Broken in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 10.0 | 6.4 | 10.5 | 5.8 | -16.6% |
| France | 5.2 | 3.5 | 4.6 | 3.9 | -9.1% |
| Germany | 0.6 | 1.0 | 2.0 | 2.7 | 65.1% |
| Belgium | 0.4 | 0.6 | 1.4 | 0.9 | 31.0% |
| Others | 0.3 | N/A | 0.1 | N/A | -42.3% |
| Total | 16.6 | 11.4 | 18.5 | 13.4 | -6.9% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Luxembourg in 2022:
- Azerbaijan (1080.0 kg)
- France (1018.0 kg)
- Germany (763.0 kg)
- Belgium (194.0 kg)
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