Price for Soya Beans; Other than Seed, Whether or Not Broken in Peru - 2022
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Peru (CIF) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Peru (FOB) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Peru
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Peru
Price for Soya Beans; Other than Seed, Whether or Not Broken in Peru (CIF) - 2022
In 2022, the average import price for soya beans; other than seed, whether or not brokens amounted to $634 per ton, increasing by 10% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for soya beans; other than seed, whether or not brokens increased by +68.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 42%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($651 per ton), while the price for Bolivia ($607 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+5.8%), 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 Peru (FOB) - 2022
The average export price for soya beans; other than seed, whether or not brokens stood at $1,868 per ton in 2022, growing by 11% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 decreased by +0.8% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 77%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 ($2,473 per ton), while the average price for exports to Chile ($269 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 (+1.6%), while the prices for the other major destinations experienced a decline.
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Peru
After two years of decline, purchases abroad of soya beans; other than seed, whether or not brokens increased by 7.8% to 292K tons in 2022. Overall, imports, however, showed a abrupt decline.
In value terms, imports of soya beans; other than seed, whether or not brokens soared to $185M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.1% 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 increased by +52.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Soya Beans; Other than Seed, Whether or Not Broken in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 110 | 96.3 | 52.1 | 112 | 0.6% |
| Bolivia | 4.4 | 7.4 | 30.9 | 68.3 | 149.5% |
| Argentina | 5.3 | 5.6 | 25.3 | 4.9 | -2.6% |
| Paraguay | 14.4 | 5.5 | 38.9 | N/A | 64.4% |
| Uruguay | 7.4 | 6.1 | 4.3 | N/A | -23.8% |
| Others | 1.0 | 0.5 | 4.4 | N/A | 109.8% |
| Total | 143 | 121 | 156 | 185 | 9.0% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Peru in 2022:
- United States (172.1K tons)
- Bolivia (112.4K tons)
- Argentina (7.7K tons)
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Peru
In 2022, exports of soya beans; other than seed, whether or not brokens from Peru skyrocketed to 110 tons, increasing by 992% on 2021 figures. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of soya beans; other than seed, whether or not brokens soared to $206K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Soya Beans; Other than Seed, Whether or Not Broken in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 189 | 0% |
| Spain | N/A | N/A | N/A | 9.9 | 0% |
| United States | 8.2 | 13.0 | 14.0 | 5.1 | -14.6% |
| Germany | 3.4 | 0.8 | 1.8 | N/A | -27.2% |
| Others | 0.1 | 0.7 | 1.2 | 1.7 | 157.1% |
| Total | 11.7 | 14.6 | 17.0 | 206 | 160.2% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Peru in 2022:
- South Korea (100.2 tons)
- Spain (6.7 tons)
- United States (2.0 tons)
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