Price for Soya Beans; Seed, Whether or Not Broken in Angola - 2022
Contents:
- Price for Soya Beans; Seed, Whether or Not Broken in Angola (CIF) - 2022
- Price for Soya Beans; Seed, Whether or Not Broken in Angola (FOB) - 2022
- Imports of Soya Beans; Seed, Whether or Not Broken in Angola
- Exports of Soya Beans; Seed, Whether or Not Broken in Angola
Price for Soya Beans; Seed, Whether or Not Broken in Angola (CIF) - 2022
In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $2,553 per ton, standing approx. at the previous year. Overall, import price indicated a noticeable expansion from 2014 to 2022: its price increased at an average annual rate of +4.6% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for soya beans; seed, whether or not brokens decreased by -1.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 54% against the previous year. As a result, import price reached the peak level of $2,588 per ton; afterwards, it flattened through to 2022.
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 Brazil ($2,775 per ton), while the price for Zambia ($1,565 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Soya Beans; Seed, Whether or Not Broken in Angola (FOB) - 2022
In 2022, the average export price for soya beans; seed, whether or not brokens amounted to $981 per ton, leveling off at the previous year. In general, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2020 a decrease of 99.9%. The export price peaked at $1,230 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($981 per ton), while the average price for exports to Sao Tome and Principe stood at $977 per ton.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soya Beans; Seed, Whether or Not Broken in Angola
For the fourth consecutive year, Angola recorded growth in purchases abroad of soya beans; seed, whether or not brokens, which increased by 73% to 406 tons in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of soya beans; seed, whether or not brokens skyrocketed to $1M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Soya Beans; Seed, Whether or Not Broken in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 78.4 | 211 | 520 | 492 | 84.5% |
| South Africa | 123 | 91.3 | 39.1 | 397 | 47.8% |
| Zambia | 7.1 | 5.5 | 9.3 | 94.9 | 137.3% |
| Others | 23.6 | 79.4 | 27.5 | 52.8 | 30.8% |
| Total | 232 | 388 | 596 | 1,036 | 64.7% |
Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Angola in 2022:
- Brazil (177.2 tons)
- South Africa (162.3 tons)
- Zambia (60.6 tons)
Exports of Soya Beans; Seed, Whether or Not Broken in Angola
In 2022, shipments abroad of soya beans; seed, whether or not brokens decreased by 0% to 5.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate resilient growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of soya beans; seed, whether or not brokens amounted to $5.4K in 2022. Overall, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2020.
| Export of Soya Beans; Seed, Whether or Not Broken in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 5.2 | 0% |
| Sao Tome and Principe | N/A | N/A | N/A | 0.1 | 0% |
| Namibia | 5.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.4 | N/A | N/A | 5.4 | 0.0% |
Top Export Markets for Soya Beans; Seed, Whether or Not Broken from Angola in 2022:
- United States (5.3 tons)
- Sao Tome and Principe (0.1 tons)
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